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Everyone has a different life journey they’re on. But getting on top of key financial goals as you follow your own path could see you enjoying a more comfortable lifestyle and being ready for the next chapter to begin. Read our guide to getting all your money matters sorted out, one decade at a time…
Before your big day, much of the financial talk may have been around budgeting for your wedding and planning your honeymoon. But while not nearly as exciting, there’s another vital part of your new partnership that should be considered: your future finances.
Finances can be one of the biggest sources of stress and tension in a marriage. However, open communication and careful planning now can help you avoid many problems down the road.
Here are five important areas to examine before you walk down the aisle:
Life doesn’t revolve around money. Lots of other things - like family, friends, and health - can be much more important to you than your bank balance. But some personal goals are hard to achieve if you don’t have much money. That’s why the FPA have put together this handy guide to getting to grips with the do’s and don’ts of your finances...
Fear of fear itself or something more fundamental?
AMP Capital's Dr Shane Oliver weighs in on the market meltdown and asks the tough questions. A must for retirees and investors looking for a calmer, mature assessment of the current climate. Read Here
When we look back at the things that helped make 2015 a great year, our warmest and fuzziest feelings come when we think of you, our client.
So thank you for choosing Westmount. Here's to another prosperous, healthy, exciting year full of possibilities!
The Westmount Team
Here's a confronting question: what would you do if the main breadwinner in your household could no longer bring in an income? Do you have a Plan B? Most people don't. That's where insurance comes in. Insurance: Counting the cost of a curve ball
For more information, contact Rick Maggi at Westmount Financial on 9382 8885.
If you're like many business owners you have already insured the physical assets of your business from theft, fire and damage. But have you considered the importance of insuring yourself - and other key people in your business - against the possibility of death, disability and illness.
Not being adequately insured can be a very risky oversight, as the long term absence or loss of a key person can have a dramatic impact on your business and your financial interests in it.
For more information, contact Rick Maggi at Westmount Financial on 9382 8885.
Rick Maggi Westmount Financial Clear Focus. Better Solutions.
With just over a month to go, and the Federal Budget behind us, now is the time to prepare for the end of the financial year. Created by AMP, this is an excellent link for those clients needing a checklist. As you would expect, it's AMP-centric, but the fundamentals are universal. As always, feel free to call me personally if you'd like to take a closer look at your personal situation. Read EOFY checklist
Rick Maggi Westmount Financial Clear Focus. Better Solutions.
With the end of the financial year fast approaching, we're commencing a 60 day countdown to assist you in getting your financial affairs organised and ready for the June 30 deadline. Taking action now can open up more opportunities for you. The following guide lists 12 key superannuation and insurance based solutions you should look at. Read Here
As always, we're only a phone call away. So if you would like to discuss your own strategy, tax, superannuation, investment, retirement planning, Centrelink issues or the Federal Budget, please call us on 9382 8885. (Rick Maggi. Westmount. Financial Solutions.)
With the end of the financial year fast approaching, now is a great time to take advantage of various superannuation, insurance and tax strategies to reduce costs, save tax and streamline your finances.
Below is a useful guide to help you get there, but if you have any doubts or concerns, please contact us or discuss your personal circumstances with your financial adviser or tax specialist before taking action. Rick Maggi. Read Smart EOFY Guide
This 2 minute video from MLC explains how you can reduce your insurance costs and by linking your life insurance with your super fund. A quick and helpful educational video. Rick Maggi. Watch video here
Please note that the Government is applying an income test to the current 30 per cent rebate it gives us on our private health insurance. That means higher income earners (singles earning over $84,000 and households earning over $164,000) will be progressively slugged up to 30% more on their health insurance from next Monday.
However, the ATO allows you to prepay your health insurance for the next financial year (as long as you do it before the end of the week) which effectively means you can lock in the rebate, potentially saving you thousands of dollars. Rick Maggi Try HBF Rebate calculator here
Did you know you can save money by buying your life insurance and total disability (TPD) cover in super? Read more here Rick Maggi
Your hard work has built a great lifestyle, and a big future, for yourself and your family. But with this hard work comes the responsibility to protect everything you’ve achieved against sickness and injury.
As financial advisers, we specialise in helping people protect their financial independence with life insurance and income protection. So if you can’t work because of a serious injury or accident, your family has the financial support they need to maintain the lifestyle you enjoy today.
Finding the right solutions should be simple and straightforward. So if you’d like some advice on how you can get the cover you need, contact us today. Rick Maggi
Produced by OnePath, Ted shares his heartbreaking story of the loss of his daughter, the mother of his first grandchild, and explains the role insurance played in their future. Watch Ted's story
In this issue, we take another look at the debt crisis, the importance of income protection and the public's new found passion for saving and thrift. Read Spring Newsletter
