Services

Visualise Wealth offers an extensive range of financial services which enable us to create a tailored financial plan, whatever your financial situation.

Our team of professionals offer in-depth knowledge and advice in the following key areas:

• life-stage financial planning;
• wealth creation, including asset allocation and investment selection; and investment gearing;
• superannuation and retirement planning; and
• risk insurance.

Other services include:

• redundancy planning;
• Centrelink entitlements;
• corporate and group superannuation plans;
• salary packaging; and
• estate planning

Life-stage financial planning

Traditionally, the average life-stage begins with finishing school in your teens, starting your first job in your 20’s, buying a house, getting married and having children throughout your late 20’s and 30’s, and enjoying a long career until we retire at 65. But times have changed.

During recent years, there has been a shift in social patterns. New trends have resulted in children staying at home longer and delaying marriage, career changes have become more common, and some people may never buy a residential property in favour of investing through global property trusts or managed funds.

Today, life-stages are more likely to be related to the challenges we face throughout our lives or when we achieve key milestones, which can happen at different times. Our financial strategies should reflect what’s going on in your life, rather than your physical age. This is the essence of life-stage financial planning.

Visualise Wealth works with you to address the fluidity of life’s challenges and milestones to determine your specific financial needs.

Wealth creation

Wealth creation is all about building financial security now, so, you can focus on enjoying your lifestyle in the future. Choosing where and how to invest your money is a difficult decision and will depend on many factors including your overall investment objectives, approach to investment risk and the amount of time you have to invest.

When it comes to investing it’s best to seek the advice of a qualified professional who can help define your unique personal situation and financial goals and recommend financial solutions and strategies to help you reach those goals.

Whether you are investing to finance your business, lifestyle, private education or provide for your retirement, it’s never too late to take control.

Superannuation and retirement planning

Planning for retirement is one of life’s most important financial considerations. After all, the actions taken today will determine how comfortable life will be in the future.

Super is perhaps the most popular way to save for retirement. Put simply, contributing to super allows you to put aside money during your working life to use when you retire. With recent Government reforms to super, it’s now one of the most tax-effective long-term retirement savings vehicles available.

There are many strategies available to help you maximise your retirement savings through super. Whatever your plans for retirement, we can help you decide on the most appropriate strategy to make your plans for retirement become reality.

Risk insurance

Financial protection forms a critical part of the financial planning process, providing financial security for you and your family. Put simply, risk insurance is there to provide you with protection against the financial implications of an event such as death, disablement, serious illness or injury, and in certain cases involuntary unemployment.

There are a range of insurance options available that can be tailored to suit your needs and personal situations. The most common types of risk insurance include:

Income protection

In the event that you are unable to work due to prolonged illness or injury, income protection provides you with a monthly benefit of up to 75 per cent of your salary. This is paid while you are unable to return to the workforce, up to age 65.

Life Insurance

Life insurance helps alleviate the financial burden your family may be left with after your death. Usually paid as lump sum, your dependants can use this money at their discretion to assist with costs or help secure their future.

Total and permanent disability (TPD)

This is generally taken as an optional extra within a life insurance policy, but can also be arranged as a stand-alone policy. In broad terms it provides a lump sum in the event of a permanent disability that prevents you from returning to work.

Trauma

Trauma insurance is generally paid as a lump sum upon diagnosis of an eligible condition (eg cancer, heart disease), and the funds can be used at your discretion.

Financial Planning for Women

Sophie says…

“Visualise Wealth is committed to educating and empowering women to take positive steps toward preparing for your financial future. We understand that while women share similar goals as men of achieving financial security, they have unique wants, needs and concerns which shape the way they approach developing a financial plan”.

When it comes to investing, women hold distinct advantages over men. On the whole, women are goal orientated and risk aware and focused on the long term. As a result, they tend to take fewer risks with their money and are more inclined to hold fast during volatile times. This bodes well considering that women continue to face unique circumstances and pressures that make it imperative for them to stay on top of their finances.

Whilst research suggests that women today are smarter and more confident about investing, that doesn’t always translate into action. No matter where you are in your financial life, there are steps you can take right now.”  Click here to view the 11 financial issues that affect women.

Business Succession Planning

The key objective of Business Succession Planning is to ensure that the business survives even after the death or critical illness of one of its principals.

The agreement requires both:

• A disposal mechanism

• A funding mechanism

In simple terms the agreement gives a departing owner (or their estate) the option to sell their interest in the business to the remaining owner(s) and provides the remaining owners with a funding mechanism to purchase the interest. Click here to read more about Business Succession Planning.

For further information please contact Visualise Wealth on 02 9807 4700.