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The Benefits of a Financial Planner
The true value of advice
The Benefits of a Financial planner
The value of advice
WE PROVIDE FINANCIAL SOLUTIONS AND WEALTH PROTECTION FOR YOUR FAMILY
WE DO THIS BY PROVIDING OUTCOMES THAT ARE SUITED TO YOUR NEEDS IN A PROFESSIONAL, FRIENDLY AND APPROACHABLE MANNER THAT WILL ALWAYS BE IN YOUR BEST INTEREST.
TOGETHER OUR GOAL IS TO HELP YOU TO PROTECT YOUR FAMILY AND GENERATE YOUR WEALTH.
We can help you with ...
Superannuation
Getting organised
There are small things you can do today to deliver big benefits tomorrow. To get you thinking, we’ve put together some great ideas to motivate you, save you money and boost your super.
Why it pays to start saving now
When it comes to planning for long-term goals, like retirement, unfortunately many people put off doing something now. However, if you’re prepared to start investing early, time can be a powerful ally.
This is because year after year, the money you invest has the potential to earn more money. And if you re-invest earnings, you’ll have even more in the future. This is known as compounding and it’s what Albert Einstein called the eighth wonder of the world.
For example, if you invested $50,000 today, earned 7% per annum and re-invested your earnings, in 20 years you’d have around $200,000 (before tax). But, if you waited ten years before making the same investment, in 20 years from now, you’d only have around $100,000.
That’s an extra $100,000, or double the amount, simply by investing ten years earlier.
Superannuation is purpose-built for compounding, because by its very nature you’re unable to access your investment earnings until later in life. This means any earnings are automatically reinvested year after year.
To maximise the results, you may want to gradually increase your contributions now, to capture the compounding effect over time.
Your Wealth Matters can help you by taking you through other strategies where you can make a small change today, to result in a big difference down the track.
Reduce your super fees
How many different superannuation statements did you receive this year? If you ended up with several envelopes piling up at home you may be paying more than your fair share of fees, eating into your retirement savings.
If this sounds like you, you’re not alone. It’s estimated that one in two Australians aren’t making the most of their hard-earned retirement savings due to holding multiple super accounts.
According to a CHOICE research report1, multiple super accounts are costing Australians $1 billion a year in wasted fees.
This is because depending on the type of fund your super is held in, you may be paying between $30 and $340 in fees per account1.
Your Wealth Matters can help you consolidate your super accounts. We can also help you find your lost super.
To find out other simple tips to make the most of your money, please contact us.
Use super to save on insurance
If insurance is low on your shopping list, don’t worry you’re not the only one.
Many people give personal insurance a low priority because we don’t think we need it. However, strangely, we insure our cars or our homes without a second thought!
Well the good news is that personal insurance can be very tax effective.
Your Wealth Matters can make sure you can take care of your loved ones, and make sure that if something does happen to you, their future is secure.
What types of insurance are available through super?
Life and Total and Permanent Disability (TPD) insurance pays a lump sum and goes a long way to looking after those you’d leave behind if you died or were seriously injured. It works by paying out a lump sum in the event of your death or serious injury to help care for your loved ones or pay medical bills.
Income Protection insurance is designed to provide you with a monthly income protection benefit of up to 75% of your earnings in the event you are unable to work due to sickness or injury.
Tax-effective insurance
By having your insurance through your super fund, you’re likely to find your premiums cost less as tax concessions apply.
To find out other simple tips to make the most of your money, please contact Your Wealth Matters, Financial Planners in Mount Gambier on 08 87250607.
1The Super Secret Report, CHOICE, November 2006.
Superannuation
Superannuation is a way to save for your retirement. You build up super while you are working to make sure you can have a comfortable retirement.
Read More....
Superannuation
Getting organised
There are small things you can do today to deliver big benefits tomorrow. To get you thinking, we’ve put together some great ideas to motivate you, save you money and boost your super.
Why it pays to start saving now
When it comes to planning for long-term goals, like retirement, unfortunately many people put off doing something now. However, if you’re prepared to start investing early, time can be a powerful ally.
This is because year after year, the money you invest has the potential to earn more money. And if you re-invest earnings, you’ll have even more in the future. This is known as compounding and it’s what Albert Einstein called the eighth wonder of the world.
For example, if you invested $50,000 today, earned 7% per annum and re-invested your earnings, in 20 years you’d have around $200,000 (before tax). But, if you waited ten years before making the same investment, in 20 years from now, you’d only have around $100,000.
That’s an extra $100,000, or double the amount, simply by investing ten years earlier.
Superannuation is purpose-built for compounding, because by its very nature you’re unable to access your investment earnings until later in life. This means any earnings are automatically reinvested year after year.
To maximise the results, you may want to gradually increase your contributions now, to capture the compounding effect over time.
Your Wealth Matters can help you by taking you through other strategies where you can make a small change today, to result in a big difference down the track.
Reduce your super fees
How many different superannuation statements did you receive this year? If you ended up with several envelopes piling up at home you may be paying more than your fair share of fees, eating into your retirement savings.
If this sounds like you, you’re not alone. It’s estimated that one in two Australians aren’t making the most of their hard-earned retirement savings due to holding multiple super accounts.
According to a CHOICE research report1, multiple super accounts are costing Australians $1 billion a year in wasted fees.
This is because depending on the type of fund your super is held in, you may be paying between $30 and $340 in fees per account1.
Your Wealth Matters can help you consolidate your super accounts. We can also help you find your lost super.
To find out other simple tips to make the most of your money, please contact us.
Use super to save on insurance
If insurance is low on your shopping list, don’t worry you’re not the only one.
Many people give personal insurance a low priority because we don’t think we need it. However, strangely, we insure our cars or our homes without a second thought!
Well the good news is that personal insurance can be very tax effective.
Your Wealth Matters can make sure you can take care of your loved ones, and make sure that if something does happen to you, their future is secure.
What types of insurance are available through super?
Life and Total and Permanent Disability (TPD) insurance pays a lump sum and goes a long way to looking after those you’d leave behind if you died or were seriously injured. It works by paying out a lump sum in the event of your death or serious injury to help care for your loved ones or pay medical bills.
Income Protection insurance is designed to provide you with a monthly income protection benefit of up to 75% of your earnings in the event you are unable to work due to sickness or injury.
Tax-effective insurance
By having your insurance through your super fund, you’re likely to find your premiums cost less as tax concessions apply.
To find out other simple tips to make the most of your money, please contact Your Wealth Matters, Financial Planners in Mount Gambier on 08 87250607.
1The Super Secret Report, CHOICE, November 2006.
Retirement Planning
Easing into retirement
Retirement should be one of the most exciting times of your life: a time when you get to fulfil all the ambitions your busy working life kept getting in the way of.
You might plan to see more of the world or spend more time with your family. Perhaps you want to volunteer for the community or learn a new language. Whatever your retirement goals are, Your Wealth Matters can work with you to give you the best chance of doing exactly what you’ve always wanted to.
Why it’s never too late for advice
Your Wealth Matters can help you plan for retirement, no matter when you decide to stop work.
While there’s no substitute for early advice when it comes to planning a successful retirement, it’s never too late to get the advice you need.
In fact, there are some real benefits to getting financial advice just before you plan to leave the workforce.
For instance, with the help from Your Wealth Matters you’ll be well placed to set realistic and achievable goals to help you live the retirement you want.
We’ll also be able to help you predict what kind of income you’ll need and how close to achieving that income you are.
Your Wealth Matters can also help you add protection to your investments, which means you’ll have confidence of achieving your goals no matter what happens to markets.
So even if you’re close to retirement, you’ll always have options available to you when working with Your Wealth Matters to make the most of your situation:
- You might decide to work a little longer than you’d originally planned. That way you can delay reducing your super and maximise your earnings.
- You could be eligible to take advantage of co-contribution laws and salary sacrificing arrangements that boost your super earnings and reduce your tax burden.
- You may be able to take out a transition to retirement pension (TRP) to supplement a reduced income.
- If you can wait until you turn 60 before drawing on your super when all benefits become tax free, you might be able to make the most of the tax advantage super offers.
Your Wealth Matters can help you work out an effective retirement strategy no matter whether you plan to stop working tomorrow or in 10 years.
Please contact us on 08 87250607 to discuss your retirement.
Retirement Planning
Retirement may seem like a long way off but putting money into super now is still a tax effective way to invest your money. You also can benefit from the effects of compounding returns.
Read More ....
Retirement Planning
We all have different ideas of what the second half of our lives looks like and that’s why planning for your retirement is so important.
Why is retirement planning important?
We are living longer and for most of us compulsory superannuation payments or the Age Pension alone won’t be enough to help us achieve the retirement lifestyle we’re dreaming about.
Putting a long-term financial plan in place will provide you with the comfort of knowing that you can do all those things that you dreamed of and that your financial future is under control.
How we can help
Your Wealth Matters Financial Advisers can help you work out how much money you have now, how much you might have in the future and where it is coming from.
We will help you:
- Identify your retirement goals
- Review your income and cashflow requirements
- Identify what assets (house, savings, investments) you have and how much they are worth
- Assess how much super you have and when you can access it
- Find ways to grow your retirement income
- Put plans in place to make your money last in retirement
- Determine when you can apply for the age pension and whether you are likely to be eligible.
- Review your estate planning
How much money do I need to retire comfortably?
This is the magic question and how much money you need in your retirement nest egg will depend entirely on how you want to live in retirement.
According to the Association of Superannuation Funds of Australia’s Retirement Standard 2015, to have a ‘comfortable’ retirement, single people will need $545,000 in retirement savings, and couples will need $640,000.
The Standard is updated four times a year to take into consideration the rising price of items like food and utility bills, as well as changing lifestyle expectations and spending habits.
The Standard includes the cost of things such as health, communication, clothing, travel and household goods.
To see the latest Standard click here
Please contact one of our qualified Financial Advisers at Your Wealth Matters on 08 87250607 to discuss your retirement planning needs.
Wealth Protection
Protecting what’s important
Whether you’re a young single or managing a busy family, having the right insurance provides great peace of mind.
Whatever you’re trying to protect in life, there’s an insurance solution to match. And so whether you need to protect your income and lifestyle, family home, children’s future or livelihood to run your own business – Your Wealth Matters can help.
Life’s big moments and insurance
If you’re about to walk down the aisle or give birth, chances are insurance isn’t top of mind.
But big life changes can provide the right time to talk about protecting your future lifestyle.
You may already have insurance through your super or personal policies, but in most cases this isn’t going to be enough. What’s more, there may be smarter ways to protect you and your family now your life circumstances have changed.
What many don’t realise is that you are your biggest asset, and yet generally this is the most uninsured asset.
In addition to protecting your family from the impact of losing you with things like Life and TPD insurance, your income is a critical asset to protect. And yet many Australians insure their car or home before they protect their earning potential with Income Protection insurance.
And while no one likes to dwell on the negative, insurance could protect your family’s financial well being if something happened to you.
The best news is it doesn’t have to be difficult or impact your current lifestyle.
Simply contact Your Wealth Matters, or call 08 87250607 to find out how you can help take care of your family’s future.
Wealth Protection
Insurance is the foundation of all financial plans. We can help you evaluate the risks and come up with the right insurance solution for you and your family.
Read More ....
Wealth Protection
Easing into retirement
Retirement should be one of the most exciting times of your life: a time when you get to fulfil all the ambitions your busy working life kept getting in the way of.
You might plan to see more of the world or spend more time with your family. Perhaps you want to volunteer for the community or learn a new language. Whatever your retirement goals are, Your Wealth Matters can work with you to give you the best chance of doing exactly what you’ve always wanted to.
Why it’s never too late for advice
Your Wealth Matters can help you plan for retirement, no matter when you decide to stop work.
While there’s no substitute for early advice when it comes to planning a successful retirement, it’s never too late to get the advice you need.
In fact, there are some real benefits to getting financial advice just before you plan to leave the workforce.
For instance, with the help from Your Wealth Matters you’ll be well placed to set realistic and achievable goals to help you live the retirement you want.
We’ll also be able to help you predict what kind of income you’ll need and how close to achieving that income you are.
Your Wealth Matters can also help you add protection to your investments, which means you’ll have confidence of achieving your goals no matter what happens to markets.
So even if you’re close to retirement, you’ll always have options available to you when working with Your Wealth Matters to make the most of your situation:
- You might decide to work a little longer than you’d originally planned. That way you can delay reducing your super and maximise your earnings.
- You could be eligible to take advantage of co-contribution laws and salary sacrificing arrangements that boost your super earnings and reduce your tax burden.
- You may be able to take out a transition to retirement pension (TRP) to supplement a reduced income.
- If you can wait until you turn 60 before drawing on your super when all benefits become tax free, you might be able to make the most of the tax advantage super offers.
Your Wealth Matters can help you work out an effective retirement strategy no matter whether you plan to stop working tomorrow or in 10 years.
Please contact us on 08 87250607 to discuss your retirement.
Why Choose Us?
Exceptional Personal Service
Our focus is on listening, understanding, and caring about your concerns and providing you with an individual level of service.
Ongoing Support
Our friendly support team will support you throughout your journey with us and answer any questions you have along the way.
Knowledge and Experience
Our Financial Advisers are highly qualified and have the knowledge and experience necessary to focus on all your important financial matters.
Keep You On Track
We will keep you accountable along the way because we want you to stay on track to achieve your goals.
A Holistic Approach
We want to understand exactly what you want to achieve in life and provide you with strategies to guide you towards your goals.
Ease and Convenience
Deal with one company for your superannuation, investment, debt management, insurance and estate planning needs.
Meet Our Team
Trevor Morony
Trevor Morony
Trevor Morony was born and raised in Mt Gambier and is married with three children. He has been providing advice in Mt Gambier Since 2004 and holds a Diploma of Financial Planning DFS(FP) and Advanced Diploma of financial planning ADFS(FP).
Trevor continually strives to provide effective, straight forward and affordable advice and enjoys meeting, educating and assisting clients in their financial needs.
Trevor is passionate about ensuring that his client’s wealth is protected and they are on track to meet their financial goals.
Trevor Morony
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Trevor Morony
Trevor Morony
Trevor Morony was born and raised in Mt Gambier and is married with three children. He has been providing advice in Mt Gambier Since 2004 and holds a Diploma of Financial Planning DFS(FP) and Advanced Diploma of financial planning ADFS(FP).
Trevor continually strives to provide effective, straight forward and affordable advice and enjoys meeting, educating and assisting clients in their financial needs.
Trevor is passionate about ensuring that his client’s wealth is protected and they are on track to meet their financial goals.
Campbell Hopgood
Campbell Hopgood was born and raised in Mt Gambier and is married with three children. He lived in Adelaide for 20 years, but returned to Mt Gambier in 2016. He has been in the Financial services industry for 18 years holds a Diploma of Financial Planning DFS(FP) and Advanced Diploma of Financial Planning ADFS(FP).
Campbell is focussed on providing effective, straight forward and affordable advice and enjoys meeting, educating and assisting clients in their financial needs.
Campbell is passionate about ensuring that his clients’ wealth is protected and they are on track to meet their financial goals.
Campbell Hopgood
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Campbell Hopgood
Campbell Hopgood was born and raised in Mt Gambier and is married with three children. He lived in Adelaide for 20 years, but returned to Mt Gambier in 2016. He has been in the Financial services industry for 18 years holds a Diploma of Financial Planning DFS(FP) and Advanced Diploma of Financial Planning ADFS(FP).
Campbell is focussed on providing effective, straight forward and affordable advice and enjoys meeting, educating and assisting clients in their financial needs.
Campbell is passionate about ensuring that his clients’ wealth is protected and they are on track to meet their financial goals.
Danielle Horton
Danielle Horton
Danielle has been in the Financial Services since 2013 as a Customer Service Administrator with a strong background of retail and customer service.
Danielle exceeds in client services, business administration and compliance.
Danielle brings to the team a willingness to assist our clients in administrative support which is always delivered with a friendly smile.
Danielle Horton
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Danielle Horton
Danielle Horton
Danielle has been in the Financial Services since 2013 as a Customer Service Administrator with a strong background of retail and customer service.
Danielle exceeds in client services, business administration and compliance.
Danielle brings to the team a willingness to assist our clients in administrative support which is always delivered with a friendly smile.
What Our Clients Say
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