RetireInvest Northcote in Northcote, Victoria | Financial planner

RetireInvest Northcote

Locality: Northcote, Victoria

Phone: +61 3 9489 0944

Address: 491 High Street 3070 Northcote, VIC, Australia

Website: https://www.rinorthcote.com.au

Likes: 20

Add/Update information

Reviews

Tags

• Financial service
• Financial planner

24.01.2022 Today marks the start of the Black Friday sale weekend. Although many businesses will be offering big ticket items for sale and promotions across their stores, don't fall into the trap of impulse buying. Set yourself a budget for the weekend or right a list of the the items you need and don't stray from the list!

23.01.2022 TIME FOR THE CHRISTMAS TREE TO GO UP AND THE LIGHTS TO TURN ON! It's a great time to sit the kids down and talk to them about spending at Christmas for friends and family. Whilst every parent wants their child to be healthy, happy and financially secure, figuring out how to get them there is another thing.... Working with a financial adviser can help you understand options available to financially help your children, and teach them how to take control of their financial future once it is time for you to step out of the equation, and them to step up. Introducing these discussions as a family from early on means you can get help for your children that will serve them well into their future. It’s never too early to start a good savings system. If your child gets pocket money for helping out around the family home, birthday money and other small contributions, you can help them divert some of this into savings and some into spending.

17.01.2022 What financial mistakes have you made? Could they have been avoided?

06.01.2022 December 2020 will mark the end of what may be regarded as one of the most controversial emergency measures ever brought in by a government in Australia. The COVID-19 Early Release Scheme brought in superannuation as a resource for Australians to access as support through lockdowns and subsequent economic disruption. Implemented in two stages, the scheme allows qualifying Australians to access their superannuation in amounts up to A$10,000 for either or both of the 2019-2...020 and 2020-2021 financial years, provided that applications are received between April and September 2020. You have until December 31st to access your Super early. If you're considering this, please talk to your financial advisor today.

05.01.2022 By 2030, it is predicted that space will be providing new businesses opportunities across all industries. By 2040, it is estimated that the space industry will triple in value to A$1.47 trillion. Here, those in the know share how they believe space will redefine everything from financial transitions to disaster response. Are you ensuring your finances are adaptable for the future?

02.01.2022 Concerned about Aged Care for your parents or yourself? Not sure where to start or if it's a good option for you? Sit down with Rod to discuss your future during retirement. Call the office on 9489 0955, located on High Street, Northcote.

01.01.2022 If you want to get ahead financially, it’s necessary to take some steps to get there. It may seem daunting and overwhelming but like anything, if you have a professional guiding you along the way, small steps can lead to something great. Step 1 | Seek advice It’s hard to achieve great success without a team of experts behind you and your wealth is no different. Getting professional financial advice means your adviser can work through a myriad of options with you and implement... a strategy aligned closely to your financial goals. Retirement planning, tax-effective super strategies, investments and estate planning? Your financial adviser can help. Step 2 | Understand what role risk plays One of the first things your financial adviser will do is work out your risk profile, which they will check at regular review meetings. Why? Because risk is related to return, and this will help drive the recommendations they make to you in terms of your financial plan. Generally, the higher the risk, the higher the return. While some people like higher risk investments because they have the potential to deliver higher returns, others prefer less risky investments. It’s important to remember that markets are cyclical and shares are a long-term investment so if the market wobbles, your financial adviser is best placed to keep an eye on your investments and determine if they remain aligned to your overall financial strategy. Step 3 | Check your super Your superannuation could be your largest asset, other than your own home. Given it’s such a large sum that you have been contributing to for years and years, and you are relying on it to sustain you in your retirement, isn’t it something you want to get right? Sure, it’s a long-term investment, but it’s important that it is invested in-line with your risk profile and financial goals. And you DO have options. As well as your employer contribution, you can kick in a bit extra through salary sacrificing. Contributing more to super will not only boost your account balance, it could reduce the amount of tax you pay. Step 4 | Stick to a budget Sounds boring, right? But a budget is not boring, it’s empowering!! Setting a realistic budget helps you understand where your money is going, what can be trimmed and where you can invest to save for your future. Understanding your overall financial health and having a budget aligned to your financial goals gives you a real understanding of the benefits of working with a financial adviser. You can start to see a real change in your circumstances. Having a budget doesn’t mean giving up things you want, it just means you plan for them and you make sure you can afford them BEFORE you spend the money. Setting and sticking to a budget is really the simplest way to help you get ahead.