Insurance Advice

It's not a sexy topic but insurance advice is part of our duty of care to ensure that you and those you care for are adequately protected should the unexpected occur.

An illness, injury or an untimely death is not something we like to contemplate, however should the unexpected happen it can be reassuring to know that you have done everything you can to protect your family and your business financially.

Unfortunately, many Australians are under insured or have insurance cover that isn’t suitable for their needs or circumstances. This can place unnecessary strain on the family should an unexpected illness, injury or death occur.

At Squire Financial, we believe that insurance is crucial to help you protect the wealth that you have already built for yourself and your loved ones. We will take the time to discuss various types and levels of insurance cover available that we feel is suitable for you based on your personal circumstances and your budget.

Superannuation

Is your current Super fund the right one for you?

While it may not seem like it yet, your superannuation savings or ‘super’ as it is more commonly called, is likely to be your greatest asset (aside from the family home and possibly your business) as you approach retirement.

However, many people overlook the importance of superannuation and the role it plays in growing your retirement nest egg. For instance, those who pay little attention to their superannuation fund, may find that their fund charges quite high ongoing fees or that the investment options selected for them does not match their circumstances, retirement goals, or what we call your “risk profile"

This could mean reaching retirement age with less money in your super fund than you may have otherwise accrued had the investments been more appropriately structured according to your needs, situation and objectives.

Retirement Planning

Benjamin Franklin said it best - "If you fail to plan, you are planning to fail!” 

Regardless of what retirement looks like to you, the key to making your ideal version of retirement a reality is to have a plan and system in place that is easy to understand and implement that helps you increase your wealth before you reach your retirement years.

It's vital to ensure that your retirement savings last as long as you do, and that the lifestyle you want in retirement is one that you can afford. This requires a systematic approach and a thorough assessment of your existing financial resources to help determine what the best strategy is to accumulate more assets as you near retirement.

Cash Flow Management

Put the right systems in place!

The first step towards improving your financial future involves an assessment of your current financial position, your income and expenses, and exactly how and where your money is going. From here we can begin to map out a plan and a system to manage your finances more efficiently with as little work required from you as possible.

At Squire Financial, we can help you regain control of your spending, develop systems to minimise debt and increase your wealth. Our cash flow management services include debt management advice, budgeting and savings plans. 

Investing

A disciplined, systematised approach to saving and investing

Despite occasional share market volatility, investing remains one of the most effective ways to grow your wealth over the long term.

The key to successful investing requires an investment strategy that’s purpose-built for you. One that considers your unique goals and objectives, your current financial and lifestyle situation, and what we call your “tolerance towards risk.”  At Squire Financial, we believe that investing is not speculating. It’s a disciplined and methodical approach with clear goals, milestones and contingencies.

Effective diversification is essential for maximising return within agreed parameters of risk. We have also all heard the saying “don’t keep all your eggs in the one basket”. The fundamental concept underlying asset allocation is diversification, which is investing in multiple assets that have different risk/reward characteristics. Most investors should hold a diversified investment portfolio, because it is a proven way to produce reasonable returns whilst reducing risk, over time.