Wealth Protection
About this service
Most people focus on the investment side of financial planning, however insuring yourself is equally important as part of a wealth management strategy.
Wealth protection is an essential part of every financial plan. Without income, trauma, life and TPD protection, the wealth you’ve built up can rapidly erode as a result of an accident or illness.
Wealth protection is all about reducing the risks associated with wealth accumulation and the protection of what you have already acquired.
No-one likes to think about the worst happening. But sometimes it does. Insurance along with your investment strategy will ensure that, if the worst happens, you will still have the investment assets you would have had if you had worked a normal career.
At Aspiram Financial Planning we will help you make the appropriate decisions by putting in place protection that is tailored to your unique needs.
Insurance requirements vary depending on your goals and personal circumstances. The amount of cover needed to protect against a loss in income, to repay debts or to provide for dependants will depend on your circumstances. We also explore with you the pros and cons of having these insurances within super or outside super.
We will make sure you have considered all the protection types and importantly we will help you in understanding all the jargon applicable to Insurance so that you are comfortable in your decision making:
We can help you with a broad range of aspects of your financial life with proven strategies and plans in the following areas...
Retirement Planning
Accurate financial planning maximises your retirement wealth so that you can enjoy peace of mind and quality living. We want you to retire comfortably and without worry.
Investments
We will work together to set financial goals, determine an acceptable risk tolerance, and find the right investments for you to build your future wealth.
Superannuation Advice
Take the uncertainty out of the Superannuation system in Australia by allowing us to educate you on your options to maximize your advantages.
Self-Managed Super Fund
Is a self-managed super fund right for you? Learn more about your options and if capitalizing on an SMSF makes the most sense for your financial planning.
Wealth Planning
A successful wealth plan includes tailored strategies for each client, addressing their unique needs and situations, regardless of the complexity.
Wealth Protection
We will create a well-tailored protection plan to reduce the associated risks with wealth accumulation and the protection of current assets.
Estate Planning
Designed to help protect your loved ones minimise taxation upon transfer of assets in a legal manner as well as ensuring your wishes are followed.
Aged Care
As you get older, it can become harder to do things on your own. We provide numerous strategies to assist with your needs so you can do what you love.
