25 Jan 2019

Best financial planners in the Sutherland Shire share reasons you should use a financial planner

Here at GJ, our certified planners in the Sutherland Shire know explain that a financial advisor is a must if you wish to effectively manage your money into the future.

Here are some of the reasons why you might employ a financial planner in the Sutherland Shire:

  1. Analyse the Big Picture

Personal finance is not just one thing, but an entire constellation of concerns: savings, investing, retirement planning, estate planning, tax preparation and more. To succeed financially requires devising an overall plan that addresses each of these issues so that your advisor can then plan in more detail.

  1. Set your Savings Goals

The more savings you accumulate, the more financial options you create. Without savings, your financial options will be vastly and perhaps painfully reduced. Financial advisors will assist you in developing goals for your savings, both short and long term.

  1. Create your Investment Portfolio

Many experts agree that 90% of your investment returns are a function of your asset allocation. Unfortunately, some people are too intimidated by all the conflicting investment information out there to decide upon an asset allocation for themselves. A financial advisor is fully qualified to get you started.

  1. Plan your retirement

The most important long-term savings goal you would have is retirement. No matter your age, it is important to have a strategy in place. Taking your stated goals (and income) into account, the advisor will suggest a step-by-step retirement strategy involving which account(s) to use, how much to contribute and when to begin taking withdrawals.

  1. Tax Prep

Given the complexity of taxation in Australia, your financial advisor will take on the associated stress that comes with tax time, taking care of your tax preparation and ensuring your tax in correct, with the best outcome for you.

  1. Estate Planning

Our financial planners in the Sutherland Shire will work with you to put together a will and other documents to ensure your estate is divided in accordance with your own wishes.

Contact our financial planners in the Sutherland Shire to find out more.