Imagine stepping into retirement with confidence, knowing your financial future is secure—this is where a retirement financial advisor can make all the difference. At Precision Wealth Management, we pride ourselves on providing personalised financial solutions that cater to the unique needs of our clients. A recent review from one of our satisfied clients highlights our…
As we enter a new financial year, stay informed about the 2024 tax cuts and latest super changes impacting your financial planning. The upcoming adjustments, including tax cuts and increases in superannuation contributions, present new opportunities and considerations for every working Australian. Let’s dive into what these changes mean for you. Tax rate changes 2024…
Looking to prepare for aged care and seeking clear guidance from a seasoned financial planner? Look no further! Whether you’re just starting the journey or assisting a loved one, navigating the intricacies of financial planning for aged care requires careful consideration of various factors beyond what meets the eye. In our last blog, we discussed…
Are you or a loved one beginning the aged care planning journey? Researching facilities can be overwhelming, but with the right tools and knowledge, the process becomes much more manageable. Our last video discussed things to consider before aged care and the importance of utilising resources like www.myagedcare.gov.au. Today, let’s delve deeper into researching a…
Looking to retire next year? A comfortable retirement involves planning, seeking advice, and making wise financial decisions. During the Christmas break and as the new year approaches, many individuals contemplate what the upcoming year holds for them. Those nearing retirement age often ponder whether this will be the year they finally retire. Making a significant…
Considering retirement in five years? With your target retirement date approaching, it’s crucial to start taking steps towards retirement planning now! Ideally, you want to position yourself for a smooth transition into retirement, ensuring that your golden years are truly golden! Many people dream of retiring early and enjoying a life of leisure without the…
Have you considered seeing a Financial Advisor but are not sure if it’s the right time or if you need one? In this article, we aim to assist you in recognising three clear signs you need professional guidance from a financial advisor. Whether you are at the stage of planning for retirement, managing surplus cash…
Introducing debt recycling, a strategic financial solution to transform your debt into a valuable asset. The objective is to generate more income, expedite mortgage repayment, and decrease tax obligations. This approach entails paying off the mortgage, freeing up equity, borrowing the funds again for investment purposes, and replacing non-deductible debt with deductible debt. As a…