Financial Planning

  • What is Wealth Management?
  • Not all Financal Advisors are Wealth Managers.
  • When to start planning for your retirement.
  • How to choose a Financial Advisor.

What is Financial Planning?

It’s not just about buying products like life insurance or joining a particular superannuation fund.It might involve putting an appropriate Will in place to protect your family, thinking about how your family will manage without your income should you fall ill or die prematurely or…

Creating a Financial Plan

Most individuals work in conjunction with a Financial Planner and use current net worth, tax liabilities, asset allocation, and future retirement and estate plans in developing financial plans. These metrics are used along with estimates of asset growth to determine if a person’s…

What is ‘Retirement Planning’?

Retirement planning includes identifying sources of income, estimating ongoing expenses, implementing a savings program and managing one’s assets. Future cash flows are estimated to determine if the retirement income goals are likely to  be achieved. A Definition of ‘Retirement Planning’ In the simplest…

What is Wealth Management?

Yet, most professionals are hard pressed to actually define the term with any degree of accuracy. Wealth Management is a pretty straightforward concept. From an individual’s perspective, wealth management is simply the ‘art or practice’ of solving/enhancing his or her financial situation. From…