Our Approach

The importance of financial planning

Everyone has financial goals and objectives. You may want to provide for your children’s education, pay off your mortgage, establish a family trust, use negative or positive gearing strategies, receive advice on salary packaging, or implement a tax-effective investment strategy.

Whatever your goals, you are much more likely to achieve them with the help of professional financial advice. With the globalisation of financial markets and the increasing complexity of superannuation, it is becoming very difficult to manage your personal finances on your own.

Invest4life is a team of experienced professional financial advisers dedicated to providing sound financial advice to enable you to achieve financial security and a comfortable retirement. Our financial advisers’ advice and recommendations are the result of a logical six step financial planning process.

 

Our Process

  1. Collect data
    The starting point is to clarify your current situation. This means gathering data on your income, liabilities, cash flow, debt levels, taxation, insurance, superannuation, other investments, investment risk tolerance and lifestyle preferences.
  2. Identify goals and objectives
    You must set short, medium and long-term financial objectives before we can prepare a workable financial plan.
  3. Develop a strategy
    The difference between where you are now and where you want to be will determine the investment strategies and investment products recommended for your financial plan.
  4. Prepare a financial plan
    Your financial plan is a written document that combines investment strategies and products into a blueprint that will guide you toward your financial objectives.
  5. Implement the plan
    Once the plan is finalised, the recommendations are implemented. This usually involves purchasing investments and working with any other third-party professionals who have a role in the plan such as accountants, tax agents or solicitors.
  6. Review the plan
    Your personal circumstances and the external environment constantly change so your plan should be reviewed at least yearly.