Arthur Panagis, Author at FMG Wealth Strategies

60:30:10 Rule

by Arthur Panagis | Dec 1, 2015 | Blog, Money Mindset

The 60:30:10 Rule is a successful strategy with a plan and a full understanding of your objectives is key to preserving your spending power in retirement. What is the ‘60:30:10 Rule’? We believe that a successful strategy starts with a plan and an full...

Tax-effective Life Insurance – Wealth Protection Strategy 5

by Arthur Panagis | Nov 24, 2015 | Blog, Insurance, Wealth Protection

If you are taking out tax effective life insurance and total & permanent disability (TPD), be aware how it is set up as you may want to arrange the cover in a super fund rather than outside super. What are the benefits? By using this strategy, you could:...

“Wealth Tip – The Rule of 72”

by Arthur Panagis | Nov 17, 2015 | Blog, Investing

💰 “There’s an old economic rule known as the Rule of 72 that tells us how many years it would take for something to double in value.” 72 / by growth rate. Simply divide the growth rate or interest rate into 72 and the answer will tell you how many years it would take...

“Treat Your Beneficiaries Equitably” – Wealth Protection Strategy 4

by Arthur Panagis | Oct 27, 2015 | Blog, Business Owners, Wealth Protection

If you have accumulated wealth and assets along your journey through life and or a family business, it is wise to treat your beneficiaries equitably and carefully plan your exit, and your life insurance as part of your broader succession planning, so as not to leave a...

“Latest ATO Small business benchmarks”

by Arthur Panagis | Sep 28, 2015 | Blog, Business Owners

Get the latest ATO small business benchmarks and compare your business performance against similar businesses in your industry. The ATO annually updates it’s small business benchmarks. Click on the link below to compare your business performance against...