Financial Planner

Early Retirement: Is It Right For You?

Early Retirement: Is It Right For You?

International research shows leaving work early may not be so good for your life expectancy. We bring you a checklist of things to consider before you leave work and ride off into the sunset for your happily ever after…

Sydney & Melbourne Property - Crash?

Sydney & Melbourne Property - Crash?

As Sydney and Melbourne home prices begin to fall, some see this as the start of a property crash. There is good reason to be concerned, but it's also dangerous to generalise, as other cities (like Perth) are in a different orbit...

A Better Retirement

A Better Retirement

Today, with Australians living longer and healthier lives, the concept of retirement is much different to what it was only one generation ago. For each retiree, retirement is different.

Typically, there are four areas that need to be considered to help you better understand your retirement goals and objectives. These are...

5 FAMILY LAW MYTHS...

5 FAMILY LAW MYTHS...

Most people know someone who has been affected by a family breakup. It is usually a very stressful and emotional time where people are anxious about the separation, the property settlement and the emotional wellbeing and care arrangements for children. Unfortunately this is reflected in a great quantity of inaccurate statements, often regarded as fact by those in the community. 

Devin Sanghavi of Klimek & Wijay (Family Lawyers) highlights some common myths...

01/03/16: Will politics get in the way?

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Probably ok, but worth keeping an eye on...

As if the worry list for investors isn't already long enough, politics is turning out to be a key issue for investors, retirees and superannuation members this year. Read more here

For more information, contact Rick Maggi on 9382 8885 or rickmaggi@westmount.com.au.

25/02/16: Aged Care: Plan ahead

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If the need for residential aged care is nearing, following these five steps will help you make a smoother transition. Aged Care 5 Steps to Consider Aged Care, Plan Ahead For The Care You Want

For more information, contact Rick Maggi at Westmount Financial on 9382 8885.

02/02/16:Super or the mortgage?

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Many people wait until their home loan is paid off before investing more in super. However, if you are currently making more than the minimum home loan repayments, you may be better off when you retire if you make additional super contributions instead. Super or Mortgage?

For more information, contact Rick Maggi at Westmount Financial on 9382 8885.

29/01/16: The super savings gap

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While as a nation we collectively face a large retirement savings gap, there are a number of smart things you could consider doing to help make sure your future financial security isn't at risk. Read more here

For more information, contact Rick Maggi at Westmount Financial on 9382 8885.

22/12/15: LIFE Insurance: Counting the cost of a curve ball...

Here's a confronting question: what would you do if the main breadwinner in your household could no longer bring in an income? Do you have a Plan B? Most people don't. That's where insurance comes in. Insurance: Counting the cost of a curve ball

For more information, contact Rick Maggi at Westmount Financial on 9382 8885.

14/12/15: Retiring from a small business?

Selling a small business can be a challenging, complicated and uncertain time. So too can retiring. Combine the two and you have a situation where early planning and advice is critical. Retiring from Small Business

For more information, contact Rick Maggi at Westmount Financial on 9382 8885.

Rick Maggi Westmount Financial Clear Focus. Better Solutions.

03/09/15: Keys to de-stressing a mortgage

The causes of mortgage stress...

Don't sail out farther than you can row back. This Danish saying is sound advice for anyone thinking of borrowing to buy a home, particularly now that interest rates are low and house prices have risen sharply.

According to a paper for the Centre of Policy Development and University of Canberra, Australians have a tendency to be over-confident in our ability to repay loans. We also underestimate the likelihood of things potentially going wrong in our lives.

Have you ever heard yourself or someone else say "I'll be able to repay my loan, provided I keep my job, don't get sick and I'm not hit with any large unexpected bills"? Chances are you probably have. but things can and often do go wrong.

Read 'Destress your mortgage'

For more information, contact Rick Maggi at Westmount Financial on 9382 8885.

Rick Maggi Westmount Financial Clear Focus. Better Solutions.