Tania Milnes believes there are important stages in life when every Australian needs the right financial advice. The general manager of Mortgage Choice Financial Planning says: “We find there are five key periods when people come looking for advice.”
THE FIRST JOB
When we start earning money, Ms. Milnes says it is imperative people learn how to manage it. “A financial adviser can be a cash flow coach, helping to set goals.” With a first full-time job comes your first super fund, so choosing the right one is really important.
BUYING A HOME
“When buying a home, it is a good idea to speak with both a mortgage broker and a financial adviser,” Ms. Milnes says. “A mortgage broker can put you in the right home loan for your needs, while a financial adviser can help to ensure, your family and your expanding assets are protected.”
STARTING A FAMILY
While not everyone plans to have a family, for those who do, Ms. Milnes says quality advice can give your child the best start in life without compromising your financial security.
MANAGING A FULL LIFE
Even if juggling financial priorities – older children, ageing parents, a successful career or business, paying down the mortgage – you still want to be able to enjoy life. A financial adviser can help protect what you have worked so hard to build.
PREPARING FOR RETIREMENT
These days, retirement can span 20 or 30 years. Those who are not prepared may find themselves outliving their money. Ms. Milnes says a financial adviser can help plan for retirement and manage your money once the payslips end.
THE REALLY SIMPLE GUIDE TO MONEY | OCTOBER 2015
The information provided in this page is general in nature and does not constitute personal financial advice. The information has been prepared without taking into account your personal objectives, financial situation or needs. Before acting on any information you should consider the appropriateness of the information with regard to your objectives, financial situation and needs. You should seek independent advice from your financial adviser before making any decisions.
AUSTRALIAN MORTGAGE AND FINANCIAL ADVISERS (AMAFA)
Phone: 07 3378 2056
Fax: 07 3378 2069