Finlife Advice

10/09/2024

Special day for the Burleigh Bombettes!

Coach Trav from Finlife Advice was proud to lead the Burleigh Bombettes Women's Senior team to VICTORY winning their first-ever Premiership. What an achievement girls!! Burleigh Bombers Australian Rules Football Club

🔴⚫️ BOMBETTES PREMIERS ⚫️🔴

Your 2024 QFAW division 2 South PREMIERS!!!

04/01/2023

Happy New Year from Finlife Advice -

During the holiday season more than ever, our thoughts turn gratefully to our clients who have made our progress possible. In this spirit we sincerely say thank you and best wishes for the holiday season and a Happy New Year. Regards Elly ,Travis, Gardiye & Peter  

24/05/2022

Finlife Advice are thrilled to announce we are proud major sponsors for the Burleigh Bombers Football Club for 2022.
We look forward to a successful and exciting season supporting our teams of Bombers and Bombette's!

Burleigh Bombettes Women's AFL Team
Burleigh Bombers Australian Rules Football Club

01/03/2022

15/02/2022

The importance of building a resilient portfolio!

"Portfolio theory has evolved over time and even though the basic premise of the 60/40 growth/defensive portfolio still stands up, there is an increasing number of asset classes, and themes within asset classes, to help fill those portions in a portfolio or a managed account."

General Advice Warning
The information in this post has been prepared for general information purposes only and does not take into account your personal objectives, financial situation or needs. You should consider whether the information is appropriate to your circumstances before acting on it.

Portfolio theory has evolved over time and even though the basic premise of the 60/40 growth/defensive portfolio still stands up, there are an increasing number of asset classes, and themes within a

12/05/2019

The ASFA figures in table 1 estimate that, for a couple to maintain a modest lifestyle in retirement, they’ll likely spend around $761 per week compared to a couple who wish to live a comfortable lifestyle who are likely to spend almost double that, at around $1,168 per week.

But how much do you need to save?
The likely lump sums needed to support a comfortable lifestyle for a couple $640,000; as a single, $545,000.

How are you tracking?

Source: Adviser Ratings, how much is enough?

10/05/2019

Over the course of your lifetime, you can expect to work and earn an income, buy and pay off a home, and grow assets both within and outside superannuation. At retirement, you expect to use those assets to fund their retirement. That’s the ideal scenario…in a perfect world.

However, it’s not a perfect world....

A great article discussing:
+The role of insurance in a financial plan - Personal insurances worth discussing with your clients.

+Australia’s underinsurance problem - Could your clients afford to rely on social security alone in the event of serious illness or injury? Do Australians see themselves as ‘bulletproof’?

+The cost of care - Cancer represents 19% of disease burden in Australia and one of the most financially impactful – 380 new diagnoses every day. Nearly half the population will experience mental health challenges during their life time.

+Talking to clients - insuring their home, belongings, car or caravan against damage or loss is a given. It’s much harder to repair or replace a person, yet so many people leave themselves unprotected – or underinsured.

The article also offers 0.25 CPD points.

Risk advice is an integral part of a financial plan, yet for many clients – and often, their advisers – it’s not a comfortable conversation. After all, who wants to talk about worst case scenarios? In this article, sponsored by Zurich Australia, AdviserVoice explores the importance of risk ins...

09/05/2019

We really don't understand until we are suffering, by then it is already too late. Need to ask some questions about how comprehensive cover can protect you, your family, your home, your children's future? Feel free to reach out today.

01/05/2019

Sounds like someone wasn't ready for retirement.

Have you considered yours?

26/04/2019

Getting in early to get some guidance and education from a good financial adviser for your personal goals and requirements, could be the best decision you make, going forward.

Good financial advisers will ask you the appropriate questions, to best understand your circumstances. Then (if appropriate) they will provide you with a personalised plan or solution to assist with your goals, but most importantly - be there if your situation requires changes to keep on track or assess new goals.

You may be in a situation where you don’t really know what you want because it can all be too confusing. But getting good financial guidance or direction may assist your future decisions.

Colin answers Jesse's question "My mum says I don't need a financial planner... what services can a Financial Adviser assist me with?"

23/04/2019

Ponzi Schemes - and what to look out for.
We all get those foreign prince emails that a million gold bars if you transfer $100. This seems all to obvious but would you feel the same if the offer came from a neighbour? A friend? A family member?

Being a Financial Adviser means warnings of risk, of which there are many types. Investment risk is has been a growing trend especially as financial scams are becoming smarter.

“One of the simplest yet most effective investment scams is the ponzi scheme. The promoter promises investors a return on investment and says it is secure, but there is no real 'investment'.”

Want to find out how ponzi schemes work and how to pick a ponzi scheme from a real investment? Visit ASIC's MoneySmart website to find out.