Articles that make a difference in your life and building your wealth.
60:30:10 Rule
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 understanding of...
Tax-effective Life Insurance – Wealth Protection Strategy 5
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”
💰 “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
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”
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 similar...
“Protecting your Assets” – Wealth Protection Strategy 3
Wealth Strategy Part 3 – ‘Protecting your Assets’; If you’ve used debt to start-up or grow your business, you should ensure you and other key people have suitable insurance cover is the best way of protecting your assets. 💡 What are the benefits of protecting your...
The “5 Pillars of Structuring for Wealth Creation, Distribution and Protection”
Developing integrated financial planning solutions that embrace asset protection and tax effective structures for wealth creation, protection and distributing your wealth is crucial for protecting your business and building long-term wealth.Here at FMG Wealth...
‘Protecting your Income’ – Wealth Protection Strategy 2
Protecting your income is essential if you’re self employed or run your business through a company or trust. My question to you is, do you have Income Protection insurance? 💰 What are the benefits of protecting your income? By using the strategy of protecting...
