Managing the 'middle-years' can be a juggle.
Life can often feel hectic and like you are being pulled in many directions at once. With so many demands competing for a share of your wallet, building wealth for the future at this time might feel a long way out-of-reach.
More pressing financial needs often take precedence at this time of life - family holidays, renovating or buying a bigger home, or saving for children’s education may be priorities. Getting ahead may feel impossible, but taking charge of your financial future means aligning your financial goals with the life you have and the life you want to create.
By breaking your plan down into short, medium, and long-term needs and adopting a holistic approach, you can regain control and continue working towards your long-term lifestyle goals.
Make your income work harder
Whether retirement is still a long way off, or just around the corner, using this peak earning period of your career is critical for establishing long term wealth.
- Will you have enough in superannuation to retire comfortably?
- Could you be contributing more to your super or your spouse’s super?
- Could you take on more risk with how your super is invested to build wealth more quickly now?
- Have you considered setting up a Self-Managed Super Fund?
Talking to an experienced advisor about these and other strategies will help shape the financial future you envisage.