You have questions, we have answers
We receive a number of questions here at Red Diamond Wealth, which is why we have prepared this financial planning FAQ to help you get quick answers to common queries.
If this FAQ does not answer your question, please get in touch with us.
If this FAQ does not answer your question, please get in touch with us.
Using a financial planner can help you achieve your financial goals more effectively and efficiently. We provide advice tailored to your unique situation, helping you navigate complex financial decisions, optimise your investments, manage your debts, and plan for retirement.
We can also assist with tax optimisation, wealth protection, and estate planning, ensuring you make informed choices that align with your long-term objectives.
By leveraging our expertise, you can gain peace of mind and confidence in your financial future.
We can also assist with tax optimisation, wealth protection, and estate planning, ensuring you make informed choices that align with your long-term objectives.
By leveraging our expertise, you can gain peace of mind and confidence in your financial future.
The cost of seeing a financial adviser can vary significantly based on your unique financial situation and the complexity of the advice you need. It's important to note that every financial situation is different, and the fees will depend on the specific services you require.
To help you get started, we offer a free initial consultation. This first meeting allows you to discuss your financial goals and understand the potential costs involved before committing to ongoing advice.
Contact us today to schedule your free initial consultation and start your journey towards financial security and peace of mind.
To help you get started, we offer a free initial consultation. This first meeting allows you to discuss your financial goals and understand the potential costs involved before committing to ongoing advice.
Contact us today to schedule your free initial consultation and start your journey towards financial security and peace of mind.
The information you will need to bring with you will vary on a case by case basis. Typically, depending on the service, we may ask you be prepare to provide documents such as:
- Identification: A valid form of ID, such as a driver's license or passport.
- Income Details: Recent payslips, tax returns, or any other proof of income.
- Expenses: A list of your regular expenses, including bills, mortgage or rent payments, and other recurring costs.
- Assets and Liabilities: Information about your assets (e.g., property, savings, investments) and liabilities (e.g., loans, credit card debts).
- Superannuation Statements: Your latest superannuation statements.
- Insurance Policies: Details of any existing insurance policies.
- Financial Goals: A clear idea of your short-term and long-term financial goals.
Depending on your circumstances, one-off advice might be all you need. We only recommend ongoing advice if we believe it will benefit you.
If you only require one-off advice, once it’s implemented, you’re all set!
However, if you become an ongoing client, you’ll receive an annual review to ensure your situation and advice remain aligned, along with access to us throughout the year for any questions, concerns, or changes.
If you only require one-off advice, once it’s implemented, you’re all set!
However, if you become an ongoing client, you’ll receive an annual review to ensure your situation and advice remain aligned, along with access to us throughout the year for any questions, concerns, or changes.
The Association of Superannuation Funds of Australia (ASFA) in the December quarter of 2024 put a comfortable retirement for a couple at $73,077 and $51,805 for a single. A modest lifestyle for a couple was put at $47,470 and a single $32,897.
It’s important to understand that your assets along with government support should be able to support this type of income.
The lump-sum amount needed to achieve this will depend on your risk appetite for your investments and also your eligibility for age pension support.
Ready to plan for a comfortable retirement?
Contact us today to discuss your retirement goals and create a tailored strategy to secure your financial future.
It’s important to understand that your assets along with government support should be able to support this type of income.
The lump-sum amount needed to achieve this will depend on your risk appetite for your investments and also your eligibility for age pension support.
Ready to plan for a comfortable retirement?
Contact us today to discuss your retirement goals and create a tailored strategy to secure your financial future.