Posted in Financial Planning
Posted by Dean McKinnon
on 14 October 2015
Choosing a Financial Planner or Financial Advisor can be a difficult process, particularly if you have never had any dealings or experience with financial issues in the past, so here are my TOP 5 TIPS for helping you choose the right financial planner for your particular needs.
1. Firstly, you need to determine if you require a Financial Planner, or a Financial Adviser.
A Financial Planner generally differs from a Financial Adviser in that a Planner provides you with a F...
Posted by Dean McKinnon
on 7 October 2015
Uh-oh, the fun-time 40s are over, and the financial-planning 50s have begun!
It's actually not that bad.
Your 50s are the time which you can use to fine tune your financial plan that will likely mean you don't have to work any longer. Financial independence is so close you can just about smell the coconut palm trees! So that's got to be good has it not?!
In your 50s, it's time to stop thinking "someday I would like to be financially independent...
Posted by Dean McKinnon
on 25 September 2015
You are in your 40s now you have officially become the parents of your youth!
Your 40s is when the serious financial planning becomes a priority and not just something you will eventually get around to starting one day.
Whilst "retirement" was the ultimate end goal for your parents' generation, "financial independence" is now the bulls eye for which you will likely be aiming when you are in your 40s.
Gone are the days of the "week-days: ...
Posted by Dean McKinnon
on 17 September 2015
The wild and crazy party days of your 20s are done!
#everyoneneedsaplan - You are in your 30s now, and it's time to get serious about your financial plan to secure your financial future.
Of course everyone is different, some people want to start a family, others want to continue to build their career, but either way when you are in your 30s. You need to start thinking about how you are going to build your financial assets for that time in the future when you will not have...
Posted by Dean McKinnon
on 9 September 2015
#everyoneneedsaplan when thinking about retirement. However, most of us don't start thinking about it until we are almost ready to retire and think that our Superannuation will be enough. In reality, most people are underprepared for retirement and the comfortable lifestyle they have worked for may not be so comfortable.
Planning for Retirement should not just involve financial plans, you also need to plan your lifestyle when you no longer work. A sound financial ...