Next Level Financial Services in Balwyn, Victoria | Financial planner

Next Level Financial Services

Locality: Balwyn, Victoria

Phone: +61 3 9188 4254

Address: Suite 4, 333 Whitehorse Road 3103 Balwyn, VIC, Australia

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

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24.01.2022 Let’s talk budgeting! Financial goals inherently link in with our lifestyle goals as we often use financial parameters to help achieve our aspirations. A common misconception is that budgeting is only useful to those who overspend or struggle to meet financial commitments. This is incorrect.... Budgeting is a tool that focuses on building wealth for the future by ensuring you know where your money is going and planning to capture some cashflow to help you achieve your goals. These goals may to save by contributing to an investment or to pay down a debt or alternatively, to spend on things like holidays and family activities. Budgeting doesn’t always have to be for long term saving. We have a comprehensive budgeting offering that adapts overtime to include your greater financial planning needs whether you are great at saving or struggling week to week. We are here for you. For more information on working with a Budgeting Adviser email [email protected] or contact us via the below link. https://www.nextlevelfinancial.com.au/

18.01.2022 Let’s talk super! What are the benefits to maximizing your superannuation ahead of retirement? Are you trying to build wealth but finding it difficult with daily life and expenses?... Did you know you can use superannuation to wealth build? Do you know what tax advantages are available when you build wealth in superannuation and why it’s worthwhile? Did you know you can build personalized investment portfolios within superannuation? Many people have large sums of money sitting in superannuation but because it is out of sight it’s out of mind and they fail to ensure it is being managed properly. You would never be uninterested in $50,000 you had sitting in your bank account so why is superannuation any different? Take control and get informed by setting up your initial consult with one of our fabulous team members! https://www.nextlevelfinancial.com.au/about-us.html

17.01.2022 Why is superannuation so important? Superannuation is a tax effective environment to save for your retirement. It provides an income stream when the individual gains access to their superannuation fund. Why is superannuation tax effective?... Because returns within the fund and contributions are taxed at 15% until retirement. At retirement after the age of 60 superannuation returns and income paid to the individual is usually tax free. When can I access my superannuation? In normal circumstances you gain access to superannuation when you meet your preservation age which differs depending on your birth date. Once you reach your preservation age you gain access to your superannuation when you meet a ‘condition of release’ such as being retired. How does my fund provide an income to me? Superannuation funds accumulate overtime due to contributions and investment returns. At retirement the fund normally remains invested and the member draws an income off the balance to meet their needs. Do some people use superannuation to fully support their retirement and is this a realistic goal? Yes. Superannuation legislation is complex and so seeking advice is crucial to maximising your superannuation position. Its never too early to start and important to ensure your fund is well positioned to achieve your goals in the future. Contact our office using the link below to set a time for a complimentary superannuation review. https://www.nextlevelfinancial.com.au/contact.html

17.01.2022 Overview of the federal budget The much anticipated budget was handed down by federal government last night. As expected the focus is expansionary to pump money into the economy. ... Follow the link to our articles and news for an overview of the key issues that we expect will most impact individuals including upcoming tax cuts! https://www.nextlevelfinancial.com.au/articles--news.html

16.01.2022 Its tax time! Its not too late to consider different tax saving strategies. The period ahead of 30 June is an opportunity to take advantage of strategies to boost superannuation and minimise tax.... Check out our tax strategies by following the below link! https://www.nextlevelfinancial.com.au/tax-tools-201920-fy.h

16.01.2022 It's tax time! The 30 June deadline is getting close so make sure you are on top of your EOFY strategies by checking out the 2019/20 FY tax tools below! https://www.nextlevelfinancial.com.au/tax-tools-201920-fy.h

16.01.2022 Changes to superannuation legislation! After-tax contributions to superannuation can now be made up to age 67. What changes apply from 1 July 2020?... 1. The age limit for making after-tax contributions to superannuation without meeting the work test has increased from 65 to 67. This means that all those aged 66 and under can now make after-tax contributions to superannuation irrespective of their working status. 2. The pull forward rule enabling maximum contributions of up to $300,000 over 3 consecutive financial years is being extended to age 67. Please note that this measure is yet to pass parliament, but is expected to pass in August 2020 we’ll keep you informed of progress. The change in regulations provides further flexibility over coming years to ensure individuals have the maximum possible funds within a tax-free environment at retirement. The main advantage will be the extension to the period of time that everyone will be able to get funds into superannuation even if they are not working past age 65. For more information check out the updates on our news page! https://www.nextlevelfinancial.com.au/articles--news.html

15.01.2022 Team member of the week! Jess is a Financial Adviser and the Client Services Manager of Next Level Financial Services. Jess completed a Bachelor of Commerce Majoring in Finance and a Bachelor of Arts Majoring in International Studies in 2016 at Monash University and has been a practicing Financial Adviser since September 2017. As a Financial Adviser Jess aims to provide holistic advice to all clients in financial services specializing in superannuation, investments, foreca...sting, risk insurance, asset protection and estate planning. Jess prides herself on developing strategies that are in line with client’s goals and building long-term relationships to facilitate attainment of these goals. Jess is also the first line of communication and is responsible for managing the relationship with clientele, liaising with a number of institutions on behalf of clients, assisting in the preparation and delivery of advice and is involved in the day to day operations of the business. Outside the office Jess enjoys keeping fit often training in the gym or outside if weather permits and particularly enjoys cooking (or more accurately eating the food her partner Samuel cooks), reading and keeping up to date with new films on weekends. Jess works from the Mount Eliza office, please call 03 9188 4254 or 0417 569 963 or email [email protected].

14.01.2022 Let’s talk super! What are the benefits to maximizing your superannuation ahead of retirement? Are you trying to build wealth but finding it difficult with daily life and expenses? ... Did you know you can use superannuation to wealth build? Do you know what tax advantages are available when you build wealth in superannuation and why it’s worthwhile? Did you know you can build personalized investment portfolios within superannuation? Many people have large sums of money sitting in superannuation but because it is out of sight it’s out of mind and they fail to ensure it is being managed properly. You would never be uninterested in $50,000 you had sitting in your bank account so why is superannuation any different? Take control and get informed by setting up your initial consult with one of our fabulous team members!

14.01.2022 Let’s talk insurance! Do you have personal insurances (life, TPD, Trauma cover and income protection)? Do you know the purpose of this cover and that you will likely have some insurances inside your superannuation fund?... Did you know you can insurer your income earning capacity? Why do you need personal insurances and what protection does it offer your family? What expense will you incur if you are unable to ever work again and could you afford it? Could you afford to take time off if you or your partner suffered a cancer scare or any other traumatic medical event? If you died would your spouse be able to continue supporting the family alone? Could your family afford to retain your home if something were to happen to you? Did you know you can insure your children against certain events? There are many ways to fund insurances to ensure the cover is affordable and we feel everyone deserves to be informed. Complete the insurance review survey below for a complimentary insurance review. https://www.surveymonkey.com/r/Insurancesreviews

13.01.2022 Let’s talk strategy! Do you know where you are heading and how you are going to get there? How long will it take you to repay your mortgage?... Should you be putting all your surplus into your mortgage or is there a benefit long term in directing some funds to super? What’s the sweet spot and why should you do it? Can you afford to send your kids to private school? How can you build wealth and manage the lifestyle balance? How much will you need to retire and how will you get from where you are now to what you need to be comfortable? How much income will your retirement balance generate for you and how long will these funds last you once you are no longer working? Do you have a detailed plan to track your progress? Get informed and get a plan of action for your future by booking an initial consultation with a member of our fabulous team! https://www.nextlevelfinancial.com.au/about-us.html

13.01.2022 Check out our Financial Tool Kit! Our Financial Tool Kit is where you will find different financial tools and information designed to assist you on your financial journey. Don't let the pace of life get in the way of having some financial security! ... https://www.nextlevelfinancial.com.au/financial-tools.html

12.01.2022 Its tax time! The period ahead of 30 June is an opportunity to take advantage of strategies to boost superannuation and minimise tax. Check out our tax strategies by following the below link!... https://www.nextlevelfinancial.com.au/tax-tools-201920-fy.h

10.01.2022 Do you have sufficient personal insurances (life, TPD, Trauma cover and income protection) in place? Do you know why and when you could need them to protect yourself and your family? What expense will you incur if you are unable to ever work again and could you afford it?... Could you afford to take time off if you or your partner suffered a cancer scare or any other traumatic medical event? If you died would your spouse be able to continue supporting the family alone? Could your family afford to retain your home if something were to happen to you? Did you know you can insure your children against certain events? If you would like a complimentary insurance review then please fill in the survey which provide us with the info needed for the review and we will then be in touch to have a chat! This review includes an assessment/review of any cover you many have personally or inside super (most of us pay for insurance cover through super without even knowing) to see if it suits your needs and then, where appropriate, we can give you an indication of what could be suitable for you. For more information please head to our website https://www.nextlevelfinancial.com.au/ https://www.surveymonkey.com/r/Insurancesreviews

07.01.2022 Have you checked out our Financial Tool Kit! Our Financial Tool Kit is where you will find different financial tools and information designed to assist you on your financial journey. These tools include different questionnaires, surveys and information documents that will not only assist your understanding on different topics but will also identify areas of your plan you could benefit from some guidance. Follow the link to check out the Financial Tool Kit! ... https://www.nextlevelfinancial.com.au/financial-tools.html See more

06.01.2022 Team Member of the week! Gavin joined Next Level Financial Services in April 2017 as a Senior Financial Advisor. Gavin has a Bachelor of Economics from La Trobe University as well as a Diploma and Advanced Diploma in Financial Planning. As a Senior Financial Planner, Gavin has nearly two decades of experience in the financial advice sector after starting his career in the 90's as a graduate in the Money Market at the NAB before entering into financial planning. ... He has extensive experience and knowledge in investment markets and economies as well as the technical and legislative areas of advice, in particular, superannuation, retirement planning and estate planning. Away from the office, Gavin enjoys spending time with his two sons, in particular if that involves cricket, football or fishing! Gavin's dream came true when the Western Bulldogs won the AFL premiership in 2016 after being a long suffering supporter. Gavin works from the Balwyn office. Call 03 9188 4254 or 0433 350 579 or email to book an appointment with Gavin.

01.01.2022 Coronavirus update - JobKeeper and JobSeeker Payments extended The Federal Government yesterday announced that the JobKeeper and JobSeeker payments will be extended beyond the previously announced end-dates in September 2020. This is a positive development, although the level of the benefit available and some of the terms applicable to the schemes has changed. ... In summary: The JobKeeper program is being extended until March 2021, however the level of the benefit is being reduced and the test for eligibility (a reduction in business income) is being tightened. The 'coronavirus supplement' (which applies to JobSeeker and other Centrelink benefits) is being reduced from $550 per fortnight to $250 per fortnight from 25 September 2020 and is due to expire on 31 December 2020. The assets test and mutual obligation requirements will be reintroduced for the JobSeeker benefit, however the income test requirements are being adjusted in favour of applicants. For a detailed rundown on the changes to payments rates for both benefit schemes, new requirements and eligibility read the full summary on our news page. https://www.nextlevelfinancial.com.au/articles--news.html