Mid-Life: 40s to 50s

This is the consolidation stage of life. You are living a comfortable lifestyle and thinking about accumulating assets for your future retirement. Types of financial planning advice you may require:

• How to provide for your lifestyle expenses if you are unable to work due to illness/injury.
• Ensure family’s lifestyle is maintained in the event of death.
• How to pay off the family home mortgage sooner.
• How to tax effectively save for retirement using superannuation, direct property, shares.
• What to do with a redundancy payout.
• Things you need to consider when starting a business (eg: business plan, business insurances, HR obligations, super for employees, is a SMSF appropriate, tax concessions if exiting business.)
• Is my Will valid?
• Do I need a Power of Attorney?