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Architects housing plan, with a calculator and pencil. Create your future at Brentnalls SA personal finance plan services.

Personal Finance Plan
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It is never too early to plan for your future.

When it comes to developing a personal finance plan, it is really about addressing the following key areas in your life:

Wealth Creation and Retirement Planning

Establishing a wealth creation plan, implementing and monitoring it is essential to financial well-being. Equally so, ensuring your wealth creation plan is tax-effective during the course of accumulating your wealth and when you retire will give you peace of mind.

Having a clear plan on when you want to retire and what level of income you would like to live on at that point in time in your life will assist in making important decisions.

Insurance

Insurance is a key part of your wealth creation and estate plan. It is important to undertake an assessment as to whether you have adequate insurance cover in the event that:

Family Register

A Family Register is a critical document, where in the event of your death or illness, your partner or family members will be able to access all of the information and necessary documents to understand your financial and non financial dealings and to take action as required without undue delay and stress.

Estate Plan

During the course of accumulating your wealth and/or when you have retired, it is critical that you have an up-to-date estate plan reflecting how you would like the wealth you have accumulated to be distributed to beneficiaries. An Estate Plan would include the preparation of the following documents recording your wishes:

Please note that these documents must be prepared by a solicitor.

Annual Review

Once you have the above set in place it is important that you don't just put them away on the shelf and forget about them. Remember to review and update them on a regular basis, i.e. at least annually. This will ensure that you are on track to achieve your personal financial plan and that it remains current and up-to-date and reflective of your circumstances, wishes and goals.

If you would like to print this information please click here for PDF format

Disclaimer
The information provided in this information sheet does not constitute advice.  The information is of a general nature only and does not take into account your individual financial situation. It should not be used, relied upon, or treated as a substitute for specific professional advice.  We recommend that you contact Brentnalls SA before making any decision to discuss your particular requirements or circumstances.
 
Our Services

Services that assist in increasing profitability, build value, and protect your wealth.

Accounting & Tax
Business Advisory
Wealth Creation & Preservation

Industry Focus

We are not just your accountant, we are your business advisor, here to support you and your business. We specialise and focus within the following industries:

Brentnalls Agribusiness
Brentnalls Construction
Brentnalls Health

News & Resources

Our resources provide additional supporting information in the following areas: 

Newsletters
Fact Sheets
Checklists
News Articles (Blog)
COVID-19 - Information Sheets
COVID-19 - Brentnalls SA Response

Our Location

255 Port Road
HINDMARSH SA 5007

PO Box 338
Welland SA 5007 

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P: (08) 8241 8444
F: (08) 8241 8488
E: admin@brentnalls-sa.com.au

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