At Wealth Fundamentals we understand that under 45’s need financial advice that is specific to their lifestyle now and that is responsive to opportunities that come with establishing careers in high performing and high earning professions.
To accommodate these needs, we developed a financial planning specialisation specifically for young professionals, business owners and high income earners.
While retirement planning is important for young professionals, the start of their career and family life is more about cash-flow management, implementing debt management plans and creating wealth accumulation strategies that are appropriate, but which don’t curtail opportunities for living life to the full.
We work with young professionals including accountants, solicitors, medical practitioners and other high income earners to assist them to create and implement savings, as well as spending strategies that are designed to accommodate not just daily expenditure but to fulfil aspirations. Aspirations that might include goals for travel or acquisition of discretionary items such as motor vehicles or luxury items. Additionally, we guide financial decision-making by offering real life financial scenarios and exploring potential avenues for establishing the type of investment portfolios that are tailored to your specific financial needs.
While enjoying the income and the assets you accumulate is important, so too is protecting it. We tailor personal protection insurance specifically to your needs, whether you are single, part of a couple or supporting a young family. Our approach is consultative and realistic offering what you need now while helping you to keep an eye on your future.
Our services include:
Financial Planning: Cash flow management, tax effective strategies & structuring
Investments: Accumulating wealth
Debt management
Superannuation/SMSF
Personal Insurances: Income protection, life insurance, trauma insurances
Business insurances: Buy sell agreements, key man & business insurance
Estate Planning
TESTIMONIALS
“Why don’t we just cancel that Income Protection of yours? The GFC hit and my husband and I were looking at where we could save some money to pay the bills. The question arose as to whether we should cancel our Income Protection due to the cost. Dial forward 7 years and I found myself in the grips of an illness that not only took away my ability to continue a 20 year professional career that I loved, but even my ability to do the basic tasks of living. BUT I did not have to worry about the bills that had to be paid or the birthdays and even Christmas that came around, as we never did cancel that Income Protection of mine. Every month, like clockwork, my monthly benefit was paid into our bank account. Though I was not able to live my life and go to work my income did not stop. When I was able to return to part time work they even paid me a partial benefit to compensate for my lower income. My premium got refunded every month and I even got a top up of 20% on my Monthly Benefit due to the fact that I have not claimed on my policy over 10 years. Thank you Matthew and Chris for encouraging me to keep that Income Protection, for gently pushing me to start the claims process when I could not always string sentences together, thanks for your assistance in the claim process and most of all: Thank you for the peace of mind I had in this difficult time.”
“Matt helped us to consolidate our financial position as a couple and that enabled us to have a clearer picture of what we could comfortably achieve in the future. We appreciated his flexible approach; he knew we were time-poor and made the effort to meet us outside of office hours at a location most convenient for us. I’d definitely recommend Wealth Fundamentals and Matt Lane. Matt has a broad base of knowledge and experience. We felt reassured by his holistic approach that considered every aspect of our lives and helped us put in place protection measures to safeguard our family’s future.
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CASE STUDY
Background
James and Kylie, a young professional couple, needed financial insights so that they could confidently make decisions for their future. They wanted to start a family but were unsure how they would cope financially without Kylie’s salary. There were other matters too; an inherited investment property and dual super funds they feared were under-performing.