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…
Will you be affected by the new proposed $3 million-dollar super contribution cap in 2023? The Australian Government has recently proposed a new law that could impact the superannuation savings of some individuals. The proposed legislation will see balances in Superannuation above $3 million taxed an additional 15%, bringing the total tax rate to 30%. So,…
There’s no denying that the soaring cost of living is hurting the hip pockets of most Australians, but how does inflation impact retirement and how can you safeguard your retirement funds when the inflation rate is bound to ebb and flow throughout your golden years? In the video and blog below we talk about investing…
If you or someone you love is downsizing ahead of retirement, this blog which outlines the downsizer contribution rules and eligibility is a worthwhile read. From July 1 2022, the age of eligible Australians who can make a downsizer contribution drops from 65 to 60. In the video below, our Certified Financial Planner® Glenn Hilber,…
At Precision Wealth Management, we understand that having a family comes with unique challenges and responsibilities, but financial planning can help to reduce the associated stresses and create financial stability for the future. In this blog, we share details of how our Certified Financial Planner® Glenn Hilber advised one North Brisbane family who were hoping to maximise…
Early retirement is a dream for many, but the reality for few. That’s because it typically involves extensive planning and, more often than not, assistance from Certified Financial Planners ® like Precision Wealth Management. Based in North Lakes, our Financial Advisor has helped countless couples and singles from Brisbane and beyond to build wealth and…
It’s never too early to start building wealth and the qualified financial planners at Precision Wealth Management experts when it comes to complicated wealth creations strategies. In this blog we share how one of our clients is on track for an early retirement and what they have to say about working with the Precision Wealth…
Do you need help with financial planning for retirement? The certified financial planners at Precision Wealth Management, on Brisbane’s northside, take the time to understand the lifestyle you want when you retire, and what your idea of success is. We then work with you to develop tailored wealth creation strategies to ensure financial security and…