RetireInvest in Melton, Victoria | Financial planner

RetireInvest

Locality: Melton, Victoria

Phone: +61 3 9746 7643

Address: 85 Unitt St 3337 Melton, VIC, Australia

Website: http://www.igwealth.com.au

Likes: 117

Add/Update information

Reviews

Tags

• Financial planner
• Estate planning solicitor

18.01.2022 UPDATE | Have you got income protection? Income protection changes effective 1 July 2021 Income protection provides a portion of your income if you are unable ...to work due to injury or sickness for a certain period of time. The portion of income paid could be up to 75% of your salary depending on the policy. Income protection changes effective 1 July 2021 Australian Prudential Regulation Authority (APRA) is the regulator of Life companies in Australia. APRA has determined that the Income Protection polices currently available via financial advisers are too generous in their terms and conditions, with claims paid far exceeding the insurance premiums received over the past decade. For this reason, the way that policies are offered to clients will change in the future. APRA will force insurers to stop offering these types of policies to new clients after 30 June 2021. However, Income Protection policies in place before this date will be able to retain their coverage without any changes to the policy wording, until the policies expire (typically when you turn 65), assuming you retain the policy. In contrast, new Income Protection policies issued after 1 July 2021 will have a different range of benefits and terms and conditions. Early indications from APRA are that these new income protection policies will expire every five years. If enacted, these five yearly policy expiries could mean that some policies holders will be unable to renew, or press pause on this important cover. This could be due to: Someone whose income has stopped (e.g. to raise children or care for aging family members). Someone with variable income (e.g. self-employed in industries experiencing an economic downturn). Changing career or work status (e.g. a previously employed tradesperson becoming a self-employed contractor). These changes may mean that you have lesser flexibility if your work status changes. There is a window of opportunity right now to get a superior income protection policy that won’t exist for new clients after 1 July 2021. Contact our office today Phone: (03) 9326 1594 or (03) 9746 7643 Email: [email protected] Visit: www.igwealth.com.au

17.01.2022 Little by Little becomes a Lot! OPENING SOON - Intergenerational Wealth are pleased to announce we are weeks away from moving into our new Head Office in Pas...coe Vale. Stay tuned for more progress pictures and office announcements. Intergenerational Wealth "Building sustainable wealth for generations". Phone: (03) 9326 1594 or (03) 9746 7643 Email: [email protected] Visit: www.igwealth.com.au #financialplanning #igwealth #financialadvice #financialgoals #intergenerationalwealth #financialservices #financial #family #financialliteracy #investments #financialplanners #financialliteracys #familyfinances #buildingwealth #beneficiaries #familyfirst #melbournebusiness #melbournelife #pascoevale

13.01.2022 What financial mistakes have you made? Could they have been avoided? Have you made a big financial mistake in the past? One that cost you a lot of time and mone...y to fix? One that caused you a big headache? Financial stress can be a major trigger for a lot of people, it is a big burden to carry around, but not one you need to carry alone. Speaking to a professional Financial Adviser can set your mind at ease once you have a plan in place and a financial goal to build towards. Financial stress In a report conducted by ME Bank in 2018, they found that many Australian households struggled to afford the basics: - 17 per cent of households could not pay utilities on time - 19 per cent surveyed had turned to family or friends for help - 15 per cent surveyed had resorted to selling items to buy necessities - 45 per cent of households were digging into more than 30 per cent of their disposable income to pay off the mortgage. - This can take a toll on physical and mental wellbeing. You don’t need to be wealthy or privileged to receive financial advice. It is accessible to every day Australians who are motivated to get ahead. You can book an introductory meeting with an adviser to better understand what they do and how they can help you and this first meeting is at no cost. Read more: https://www.igwealth.com.au/what-financial-mistakes-have-y/ Intergenerational Wealth Building sustainable wealth for generations. Phone: (03) 9326 1594 or (03) 9746 7643 Email: [email protected] Visit: www.igwealth.com.au #financialplanning #igwealth #financialadvice #financialgoals #intergenerationalwealth #lifeinsurance #wealthmanagement #personalfinance #melbourne #melbournelife #melbournebusiness #financialfreedom #financialliteracy #financialindependence

12.01.2022 THE HECTIC YEARS - Once you’ve started a family, life tends to develop a momentum of its own. You have no time to spare, growing responsibilities and lots of ex...penses. It can be extremely fulfilling, satisfying, joyful, worrying and stressful all at the same time. That’s why it pays to have a solid financial strategy in place and also a team of professionals to lighten the load for you and help keep you on track, while you’re flat out with everything else. Children, travel, holidays, sports, education, renovating and furnishing your home. We do more than just advise you on how to accumulate the wealth to pay for these things; we also do a lot of the leg work that comes with managing your wealth giving you more bandwidth to pursue the things you really enjoy. Intergenerational Wealth Building sustainable wealth for generations. Phone: (03) 9326 1594 or (03) 9746 7643 Email: [email protected] Visit: www.igwealth.com.au Source: https://www.igwealth.com.au/let-us-help-you-get-more-out-o/ #financialplanning #igwealth #financialgoals #intergenerationalwealth #financialplanners #familyfinances #buildingwealth #familyfirst #planningforthefuture #lifeinsurance #wealthmanagement #personalfinance #beneficiaries #superannuation #smsf #insurance #melbourne #melbournelife #melbournebusiness #financialfreedom #financialliteracy #financialindependence

08.01.2022 The value of advice | The value of financial advice can take many forms. It could be the knowledge a professional is looking at your situation objectively, the ...peace of mind you get when you have a plan in place, or it could be the financial benefits you gain. A study by CoreData for Fidelity in 2019 revealed that 88.5% of Australians receiving advice believe it gave them greater peace of mind, financially, and 86.2% of Australians receiving advice believe it gave them greater control over their financial situation. Research by the Financial Services Council showed that people who received financial advice were almost $100,000 better off at retirement. That’s a big financial gain achieved by working with someone who provided advice and guidance around a retirement goal. Many Financial Advisers will often tell you that it is not their clients with the highest income that are the wealthiest. The clients who get advice early in their life, work at it, and take a sensible approach are usually the wealthy and happy ones. Talk to us - We have capacity to take on new clients and welcome the opportunity to meet with you. Intergenerational Wealth Building sustainable wealth for generations. Phone: (03) 9326 1594 or (03) 9746 7643 Email: [email protected] Visit: www.igwealth.com.au #financialplanning #igwealth #financialadvice #financialgoals #intergenerationalwealth #financialservices #financial #family #investments #financialplanners #retirement #lifeinsurance #wealthmanagement #personalfinance #beneficiaries #superannuation #smsf #insurance #melbourne #melbournelife #melbournebusiness #financialfreedom #financialliteracy #financialindependence