Planning: Middle Stage Strategies

What are some strategies for people with assets and debt?

After a person has build up some assets but still has significant liabilities, thoughts turn to how best to structure their circumstances.

Review the full list of services we provide.

At this stage in the financial planning journey, matters to consider include:

• how best to finance children’s education?
• should extra payments be made to reduce home mortgage /debts?
• how much income should be contributed to superannuation?
• should they borrow for more investments (shares; rental property, etc)
• how can investment portfolio performance be optimised?
• how important for wealth creation is it to reduce income tax?
• how much income should be allocated to protecting wealth?

The middle stage of life is where financial planning can have its greatest benefit because:

• there is a veritable smorgasbord of possible financial strategies from which to choose
• These strategies have sufficient time to unleash the power of compounding returns.

The best mix of strategies is not obvious – we need to explore what trade-offs you are willing to make. This stage is where the power of Archimedes Financial Planning really makes a difference.

In summary, the benefits of analytical financial planning is most effective when people are some way into the journey of life and they can choose from many strategies.