Financial Planner on the Gold Coast

Planning is important for most things because it’s often the difference between success and failure. Financial planning is particularly vital, however, since your future prosperity depends on it.

Without financial planning, you won’t have any idea how much money you need at a particular time and, even if you did, would not know how to achieve the required amount.

Many people go through life with no financial planning at all. They’re the ones who struggle to meet unexpected payments, generally fail to achieve what they want to do and are rarely truly happy as a result. Those whose finances are planned, on the other hand, are more in control of their lives and have fewer worries about the future.

Financial planning isn’t a simple concept that can be tackled by an enthusiastic amateur. It isn’t just a matter of saving money into a bank account but involves various strategies that you can adopt in order to achieve your long-term goals.

How We Can Help with your Financial Plan

At Quill, we understand that financial planning is a complex subject that has numerous aspects. These include:

• Preparing for retirement by deciding when you want to retire and the amount of money you’re likely to need. We can set out a strategy to determine how you’ll save for retirement, take income when you get there and how, if required, phased retirement can be achieved.
• As a business owner, setting out an exit strategy so you can reap the rewards of your hard work when you decide to call it a day. This can be combined with financial advice while the business is continuing in order to maximise its value on retirement.
• Tax-efficient investments that take advantage of allowances and government incentives. These will be coupled with overall investment advice to ensure the greatest returns.
• Covering care costs so that, in later life, you can pay for the care you may need. As people live longer and often have complex needs, this isn’t something you can afford to ignore.
• Making charitable donations and gifts to relatives in a tax-efficient way. The latter will be part of estate planning to ensure you leave the maximum amount to your family.

Start Early and Review Regularly

As a financial planner on the Gold Coast, we realise the importance of starting your planning early. By doing so, you have more time to save for what you want to achieve and are more likely to reach your target with minimal changes to your lifestyle. It is an on-going process and so we aim to establish a long-term relationship with all clients.

For every client, we:

• try to establish what their goals are so that we can help them to achieve those goals rather than simply trying to build up as much wealth as possible
• set out a plan that will attain the stated goals by particular dates; this will include recommended savings and investments that will fit a stated risk profile while generating the necessary return
• review the plan regularly to ensure it is performing as expected and is meeting the client’s expectations
• change the plan if necessary, such as when under-performing, if the client’s attitude to risk alters or if circumstances are different.

As financial planners, we believe our role is to help you reach your aims rather than just build up a pile of money. By working with you long-term, we can achieve those aims together.

Whether it’s individual or commercial tax needs, financial advice or strategies to grow your business, the Quill Group has you covered!

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