Scott Wealth in Newstead, Queensland | Financial planner

Scott Wealth

Locality: Newstead, Queensland

Phone: +61 7 3154 1682

Address: Level 1, 57 Berwick Street 4006 Newstead, QLD, Australia

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

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• Property
• Mortgage brokers
• Investing service
• Financial planner

25.01.2022 Absolutely incredible seeing fixed home loan rates under 2%! - existing borrowers, review your rate and your loan for a better deal. Never be loyal to a bank, they will rarely repay it! - first home buyers, what an opportunity if you are in stable work with stable income and a good deposit. Don’t forget, if you’re not quite ready yet, that’s ok. There are plenty of great first home owner saver schemes available and rates will I likely go anywhere for a while ... - thinking about getting into the property investment market? It’s cheaper than ever. While many things need to go right for this to work, it is something that Aussies just love doing make sure you get quality advice though, know the pros and cons and do it smartly Wondering whether to pay off debt? Invest? Put money into super in this environment? Our opinion, diversify your strategy. If you’d like your loan or strategy reviewed now is the time to do it. Contact us today and we will point you in the right direction 07 30629471 #scottwealth #insuranceadvice #investing #investments #superannuation #brisbaneadviser #mortgaes #banks #lending

19.01.2022 What our clients say... #scottwealth #reviews #financialplanning #wealthcreation #superannuation #assetprotection #brisbane #planning #fortitudevalley #newstead #investments #goals #objectives #professionals #lawyers #proftablebusinesses #cashflow

19.01.2022 Retirement and the ideal lifestyle... it’s a spot in life that most ultimately want to get to When we talk about retirement with clients, it’s not necessarily about when you will retire, but about when you will have the choice to work on your terms. The earlier you plan, the earlier you have the control... When planning ahead; - Think about your ideal life, that’s the goal in the end - understand the position you are currently in - know your cash flow and consider what will and won’t be required by the time you retire (I.e debt likely gone, kids out of home etc etc) - Consiser your investment risk appetite and what you actually NEED to take on - Know your beneficial tax strategies leading into retirement - Get clarity and plan ahead It is different for every individual so take the time to learn what your goals, needs and ultimately, the life you want to life pre and post retirement Speak to an Adviser today for a complimentary session, it may well change your life #retirementplanning #retirement #scottwealth #insuranceadvice #investments #investing #strategy #clarity #structure #brisbaneadviser #mosttrustedadviser

18.01.2022 Tuesday Truth Bomb Your ego is stopping you achieving your lifestyle and financial goals.. When I need legal advice (contracts, not criminal ), I see a lawyer ... When I need accounting advice, I see my Accountant When I need personal business advice I see my mentor Don’t think you need to know everything. We see so many professionals feel they should know everything and try and take their financial planning needs on themselves Stick to what you know. There is a lot to understudying your financial strategy - changing personal circumstance - investments - structure - taxation - legislation etc etc etc There is a lot of great help out there. If you have goals you’re trying to achieve, speak to someone today & I guarantee you will get a lot out of it #financialplanning #wealth #accumulating #scottwealth #financialplanning #brisbaneadviser #adviesrratings #superannuation #legislation #professionals #lawyers #goalsadvice

17.01.2022 When investing or thinking about investing it is imperative to start at the start! We speak to potential clients all the time and the first question they ask is whether they should invest into shares, property, cash or contribute to superannuation. This type of question is a very open question, and our response is always let’s start at the start and really understand what your goals are... By starting at the right end, the decisions around investing come easier and easier you need to know why you are investing, what you are trying to achieve, when you will need the funds and how much you are going to invest before you decide what you will invest in. That part will come far easier The last thing you want to do is tie your cash up in an asset you can’t access, invest into an asset that is not in line with your risk appetite or timeframes Financial Advice is one of the best investments you will ever make #scottwealth #financialplanning #strategy #tax #financialadvice #wealthcreation #brisbane #superannuation #investing #fortitudevalley #plantoachieve #valueofadvice #retirement #cashflow #whatdoesanadviserdo #money #habits #savings #insurances #life #tpd #protection #trauma #adviserratings #mosttrustedadviser #superannuation

16.01.2022 27 days until the End of the Financial year The ‘EOFY’ presents many opportunities from a financial planning perspective. Superannuation While we can now use the carry forward rule, making the contributions each year may help with other tax issues or distributions. Know your cap limits... Donations do you usually make some donations that you may not have got around to this year? Donations to eligible non-for-profits are a good way to reduce that tax prior to June 30 Investment debt did you know you can pre-pay your investment debt? Subject to your loan contract, you are able to pre-pay your interest component and receive a full deduction* Most people get some sort of tax return now is the time to start preparing so you can get the cash back in your pocket quicker! Financial Advice is one of the best investments you will ever make #scottwealth #financialplanning #strategy #tax #financialadvice #wealthcreation #brisbane #superannuation #investing #fortitudevalley #plantoachieve #valueofadvice #retirement #cashflow #whatdoesanadviserdo #money #habits #savings #insurances #life #tpd #protection #trauma #adviserratings #mosttrustedadviser #superannuation #ioof #coredata *It is important to discuss with your lender before making any payments.

15.01.2022 Happy end of financial year... Let's go and do it all again, but better! A huge thank you to our loyal clients, business partners and everyone else who has supported the team at Scott Wealth for the 2021 FY... #scottwealth #eofy #financialplanning #wealthcreation #investments #retirement #brisbane #assetprotection #retirees #accumulators #strategy #financialadvice #statementofadvice #fortitudevalley #estateplanning #invest #superannuation #contributions #assetallocation

15.01.2022 Home loan V’s investments the big question! Something we get asked a lot is whether our client should invest or pay additional funds off the home loan. Like all planning, it comes down to your goals and objectives and these vary from person to person. That aside, here are 8 things to think about when making the decision... - Your cash flow - Whether your bank will allow you to pay extra off the home loan - Your interest rate - When / if you need the surplus cash in the short term - The expected rate of return in the investments - Buy and sell costs for investments - Diversification - Liquidity and cash reserves Financial Advice is one of the best investments you will ever make #scottwealth #financialplanning #strategy #tax #financialadvice #wealthcreation #brisbane #superannuation #investing #fortitudevalley #plantoachieve #valueofadvice #retirement #cashflow #whatdoesanadviserdo #money #habits #savings #insurances #life #tpd #protection #trauma #adviserratings #mosttrustedadviser #superannuation

14.01.2022 Another Financial Year is here this time of year is usually one of our busiest as those who seem to have made no ground with their financial goals over the last 12 months decide to take the plunge . The plunge to get someone who knows what they are doing to help If you find yourself in the same position as 12-24 months ago, come in and see us for a complimentary financial planning session. You have nothing to lose Who do we work with?... Accumulating assets aged between 25-45 Professionals and business owners Pre-retirees looking for clarity on when and how they can retire Retirees who want to enjoy their retirement and know someone has their back Financial advice is one of the best investments you will ever make #scottwealth #financialplanning #wealthcreation #investments #retirement #brisbane #assetprotection #retirees #accumulators #strategy #financialadvice #statementofadvice #fortitudevalley #estateplanning #invest #superannuation #contributions #assetallocation

13.01.2022 Procrastination and paralysis by analysis... This so something we see a lot of. We see 50+ years olds come to us and say we should have done this years ago Procrastinating will lead to a long term habit of not being able to make a decision and not moving forward with your lifestyle and financial goals. ... We have seen it all. Rarely has there been good reason why a client hasn’t implemented what they wanted to do Advisers will help set your goals, provide structure and clarity and motivate you to implement these to reach your goals. If you’re a serial procrastinator, chat to someone today. Let them map it out and find reasons to action, not reason to leave it for another 10 years. You could be well and truly left behind otherwise #scottwealth #financialplanning #wealthcreation #investment #brisbane #goals #incomeprotection #wealth #strategy #lawyers #professionals #superanuation #debt

12.01.2022 Tuesday Truth If you have insurance for your pets, car or contents and not yourself, you have it all wrong... Imagine if you lost your ability to earn an income?... Imagine if you couldn't pay your repayments on your home? Imagine if you couldn't pay for groceries and basic cost of living? If your cat gets hurt, your car gets stolen or your engagement ring is lost, fair chance you still have the ability to earn to cover the cost of a new one (or to help get pussy cat better) The amount of people we have come across who have all the insurances for everything, except themselves is astounding. A 35 year old today earning $100,000 a year, will earn in excess of $3.5m by the time they retire... a little more than fixing little pussy cat! p.s i am not saying get rid of those others, just prioritise! #insurance #scottwealth #incomeprotection #investing #brisbane #wealth #lifeinsurance #retirement #tpd #financialplanning #fortitudevalley

06.01.2022 Trust the number 1 attribute potential clients look for when seeking financial advice. That is why we are EXTREMELY proud to be named in the 2021 Most Trusted Adviser (MTA) Network (as we have been since 2015!) Made up of approx. 150 Advisers from around the country, entry to the MTA network is via the Beddoes Institute’s independent client survey based around Trust, Value, Adviser relationship, Net Promoter Score and overall Client satisfaction. ... Here is how we faired! #scottwealth #financialplanning #wealthcreation #investments #retirement #brisbane #assetprotection #retirees #accumulators #strategy #financialadvice #statementofadvice #fortitudevalley #estateplanning #invest #superannuation #mosttrustedadviser #beddoes

05.01.2022 The value of Advice Goals based advice According to CoreDate (IOOF Survey 2020) 90% of Advised clients say that accessing Financial Advice while 89% said that receiving advice allowed them to live their desired lifestyle. Why have people reached out for advice?... - 93% said they wanted more clarity around their goals - 91% said they wanted help achieving their goals - 91% said they wanted to plan for a more comfortable retirement 88% of clients said that the advice they received has allowed them to be free of financial worries or concerns. - 95% said they have greater peace of mind financially - 92% have greater control over their financial freedom - 90% have greater confidence in making financial decisions We often hear people say they don’t trust Financial Advice yet most of these people have never seen one. Financial Advice is one of the best investments you will ever make #scottwealth #financialplanning #strategy #tax #financialadvice #wealthcreation #brisbane #superannuation #investing #fortitudevalley #plantoachieve #valueofadvice #retirement #cashflow #whatdoesanadviserdo #money #habits #savings #insurances #life #tpd #protection #trauma #adviserratings #mosttrustedadviser #superannuation #ioof #coredata

05.01.2022 This week we had one of our most satisfying claims approved. Client - early 50's Foot surgery ... Knee surgery Melanoma Rheumatoid Arthritis diagnosis Mental Health All within 18 months Income protection has been paid for a couple of years now. Trauma cover paid out in 2019 TPD now approved for $850,000 Collectively, there will be over $3m in payments made between now and retirement, completely taking away the financial stress of what would be a very difficult situation Financial Advice is one of the best investments you will ever make #scottwealth #financialplanning #wealthcreation #investments #retirement #brisbane #assetprotection #retirees #accumulators #strategy #financialadvice #statementofadvice #fortitudevalley #estateplanning #invest #superannuation #contributions #assetallocation #lifeinsurance #sumsinsured

04.01.2022 As we come to the end of another Financial year it is a wise time to sit back and review your overall financial position Here are some questions to ask yourself: - Have I paid down debts quick enough?... - have I saved more than I did last year? - How much tax did I pay? - What is my superannuation balance? - Am I on track to achieving my goals? - What will happen if I keep doing the same thing that hasn’t worked in the past? - Is my net position much healthier than this time last year? Ideally, you are having your lifestyle and financial goals and checking in on this at least every year, if not more frequently. Don’t bury your head in the sand anymore there is a lot of good help out there and you will be amazed at the changes that can be made Financial Advice is one of the best investments you will ever make #scottwealth #financialplanning #strategy #tax #financialadvice #wealthcreation #brisbane #superannuation #investing #fortitudevalley #plantoachieve #valueofadvice #retirement #cashflow #whatdoesanadviserdo #money #habits #savings #insurances #life #tpd #protection #trauma #adviserratings #mosttrustedadviser #superannuation

02.01.2022 the 2022 FY has brought on a lot of Key changes to superannuation contributions - Boost your retirement and save tax! Let’s start with the concessional changes. From July 1, 2021 the concessional contribution limit will rise to $27,500 per annum. This is an increase of $2,500 from $25,000 per annum Concessional contributions are an extremely tax effective way for most people to accumulate for retirement where these contributions are only taxed at 15%, rather than your margina...l tax rate You need to remember this includes your employer contributions that will also rise to 10%, up form 9.5% of your salary Remember, access to superannuation is quite restricted so you need to understand what your goals are and what you are trying to achieve Financial advice is one of the best investments you will ever make #scottwealth #financialplanning #wealthcreation #investments #retirement #brisbane #assetprotection #retirees #accumulators #strategy #financialadvice #statementofadvice #fortitudevalley #estateplanning #invest #superannuation #contributions #assetallocation

02.01.2022 What our clients say about us... Head to adviserratings.com.au to see what our clients have to say about us! Laura under 35... "Troy has been instrumental in helping my partner and I sort out our finances and save up for our house deposit. He explains things in a way that makes our finances easy to understand and seem far less daunting than it did before we started working with him. Troy has helped us work out a plan that is specific to our situation, so that we are really making the most of our money. We are both extremely grateful to him and would recommend him to anyone!" Financial Advice is one of the best investments you will ever make #scottwealth #financialplanning #strategy #tax #financialadvice #wealthcreation #brisbane #superannuation #investing #fortitudevalley #plantoachieve #valueofadvice #retirement #cashflow #whatdoesanadviserdo #money #habits #savings #insurances #life #tpd #protection #trauma #adviserratings #mosttrustedadviser

02.01.2022 Further to our posts last week about Financial Advice, we thought we would share the IOOF report on why Australian's seek financial advice, the benefits of seeking advice and what it has done for them https://www.ioof.com.au//The_True_Value_of_Advice_Research Financial Advice is one of the best investments you will ever make ... #scottwealth #financialplanning #strategy #tax #financialadvice #wealthcreation #brisbane #superannuation #investing #fortitudevalley #plantoachieve #valueofadvice #retirement #cashflow #whatdoesanadviserdo #money #habits #savings #insurances #life #tpd #protection #trauma #adviserratings #mosttrustedadviser #superannuation #ioof #coredata

01.01.2022 The Value of Advice Recently we put a strategy in place for a couple in their late 40’s. They were OK savers and with a good income, but they lacked structure in what they were currently doing and were currently holding everything in cash. We spent considerable time to understand their goals and objectives, and once implemented the benefit in the strategy included; - Approx. $260,000 in savings in 4 years’ time... - The purchase of their home in 4 years of up to $1.25m will an affordable home loan - Approx. $390,000 in additional investments in 10 years - $20,000 in tax savings in the first 3 years - Approx. 20% more superannuation in 10 years’ time - Income and Assets are protected. Sure, variables come with financial planning and outcomes like there some are guaranteed and some are not. Controlling the controllable is so important when putting a strategy in place Financial Advice is one of the best investments you will ever make #scottwealth #financialplanning #strategy #tax #financialadvice #wealthcreation #brisbane #superannuation #investing #fortitudevalley #plantoachieve #valueofadvice #retirement #cashflow #whatdoesanadviserdo #money #habits #savings #insurances #life #tpd #protection #trauma #adviserratings #mosttrustedadviser #superannuation