Congratulations!
Now that you’ve settled into your new home, let’s take a look at the next steps to help secure your financial future (please scroll down)…
Secure your
financial future
Wherever you are in your financial life, Elliot Watson Financial Planning wants to help you achieve more. We provide holistic advice to help you achieve the things that are most important to you.
- Budgeting and cash flow management: We can help you create a budget that takes into account your new mortgage payments, property taxes, and other expenses related to homeownership.
- Saving for home repairs and renovations: We can discuss ways in which you can set aside money for unexpected repairs and future renovations.
- Building an emergency fund: We can discuss ways to help you build an emergency fund to cover unexpected expenses or loss of income.
- Reviewing and updating insurance coverage: We can review your existing insurance coverage and make sure you have adequate insurance coverage for your home and personal property.
- Retirement planning: We can discuss the importance of saving for retirement and how homeownership can impact your retirement savings.
- Tax planning: We can help you understand how homeownership can affect your taxes and how to maximize any tax benefits.
- Investment strategies: Discuss ways to invest their money to grow their wealth and build long-term financial security.
- Debt management: We can help you understand how to manage and pay off any outstanding debt.
Check out our list of services and get in touch to book an initial appointment with one of our Senior Financial Advisors.
Services
- Budgeting & Cash Flow Management
- Personal Insurance
- Superannuation & SMSF
- Investment Planning & Wealth Creation
- Debt Management & Mortgage Advice
- Capital Growth & Income Generation
- Estate Planning
- Aged Care Financial Advice.
Does your
Insurance need reviewing?
Congratulations again on your new home – now let’s talk about protecting it.
Did you know that 83% of Australian car owners insure their car but only 31% insure their income? Yet, your income is your most valuable asset! 20% of mortgage defaults are due to ‘illness or accident in the household’, according to the Australian Housing and Urban Research Institute.
Personal Insurance
Personal insurance can provide peace of mind that you have financial assistance to help you cover your mortgage and the financial responsibilities that come with owning a home, whatever may happen.
Types of personal insurance:
- Income protection
- Life insurance
- Total and Permanent Disability Insurance
- Trauma insurance
Superannuation &
SMSF Advice
Worried about having enough superannuation to support your lifestyle in retirement? Get expert advice on how to maximise your superannuation from the team at Elliot Watson Financial Planning.
Achieve more options for the lifestyle you want in retirement
We can help you achieve more with your superannuation. Superannuation is the number one investment vehicle used by Australians to fund their retirement. The intention of superannuation is to incentivise, encourage and reward Australians for building wealth to fund their own retirement. Most Australian give little thought to their superannuation with a ‘set and forget’ approach until retirement is on the horizon. However, the reality is, the sooner you give attention and focus to your superannuation the more choices you will have in retirement.
Our superannuation specialist advisers will help remove any questions you have around your superannuation like:
- Is my current superannuation fund right for me?
- I have multiple superannuation funds, should I consolidate? If so to what fund?
- Am I invested the right way? Should I be taking more risk or less risk?
- Should I put money into superannuation or pay off my mortgage?
Estate Planning
Advice
Get thorough estate planning advice to ensure your estate is protected and distributed according to your wishes in a tax-effective manner.
Achieve peace of mind knowing your estate will be distributed as per your wishes
Estate planning is a logical continuation to the financial planning process. It is the complete consideration of your assets and liabilities. It is used to both distribute wealth and also to create and protect it.
Proper estate planning is not just a matter of having a will. For the same reason that you may wish to maximise your assets over your lifetime, it is important to ensure that in the event of your death or loss of capacity, both you and your family are provided for in the most effective way.
Estate planning involves three basic elements:
- Deciding how to divide your estate
- Making or updating your will
- Providing the means to make sure your wishes are carried out.
References
[1] Financial advice will be provided by EWFP. Elliot Watson Financial Planning Pty Ltd and its advisers are Authorised Representatives of RI Advice Group Pty Ltd, ABN 23 001 774 125 AFSL 238429.
Insert legal statement here.