Making a plan with your finances means you can start to get ahead financially.
At TNR Wealth Management we know that it may seem daunting but with the help of a financial adviser, you can actually save time because someone else can help with the hard work of setting you up for the future.
Preparing a financial plan means that you are taking a more structured long-term view of your life and how you want to live it.
The TNR Wealth Management team is an experienced team offering financial planning services that is passionate about supporting their clients through every stage of their life.
Regardless of if it’s managing your, SMSF, investment portfolio, transitioning to retirement, reviewing your insurance and or superannuation or helping you manage your affairs after retirement, TNR Wealth Management will support you through every step of the way.
TNR Wealth Management provides a comprehensive and well-rounded financial planning service to all our clients based on the individual needs of each and every client.
Set Goals and Create the Foundation
An essential part of the financial planning process is setting goals. If you do not have clear goals set, it will be impossible to create the foundation (build a financial plan) to achieve them.
During the initial meeting, we will take the time to get to know our clients, asking the important and sometimes hard questions. We will establish the client’s main objectives, working with them to determine what their individual short, medium and long term goals are, as well as exploring alternate options for goals that may not be achievable due to current circumstances. We will then put together strategies to achieve each of these goals. As part of the process, we can assist in creating cashflow management systems that will work for you, tying them into your overall strategies.
Goal setting is an ongoing process and as part of our ongoing relationship with our clients we will revisit the initial goals established ensuring that our advice changes and remains aligned with achieving the original goals set.
Mid Life Consolidation
You have achieved a comfortable lifestyle and are now thinking about managing your long-term future. Your circumstances are changing, kids are leaving home, debts being repaid and you are now thinking about where to go from here.
Using our expertise and experience we can help you to create a plan that evolve as your circumstances change. As your goals are met and circumstances change we can revise your plans to reflect new challenges, directions and goals.
What to do when life changes?
Have the kids left home? Have you paid of your mortgage? Time to celebrate?
It is worth celebrating the decrease in your regular expenses but it is also an opportunity to ensure that your wealth building is maximised. Now is the time to plan what to do with the extra cash flow that can make a substantial difference to your future and your retirement.
TNR Wealth Management financial advisers endeavour to ensure that our clients set realistic goals that balance the possible benefits now and the benefits in the future.
Circumstances change, not all are good, and sometimes it requires new plans to be made.
The team at TNR Wealth Management support all our clients through the good times and the difficult times. They can act on possible opportunities or find solutions as they arise.
Some of us may neglect to protect our most important asset – ourselves! Others may have insurance policies in place that are expensive or unnecessary, wasting money that could be reducing debt and/or building wealth.
Insurance is a subject that many don’t like to think about but life is uncertain and we may not always have the luxury of the income and lifestyles that we are used to. You could get sick, you could have an accident. If this happens and you don’t want to have to dip into the wealth that you have worked and planned so hard to create, then insurance is worth considering.
Our advice covers the different types of insurance available and recommends the most suitable insurance for every client’s individual circumstances.
We also explain the contract terms, ownership options, and payment options to maximize the benefits of your policies and we ensure that once your insurance is in place that it actually provides the benefits intended.
TNR Wealth Pty Ltd T/A TNR Wealth Management and its advisers are Authorised Representatives of Fortnum Private Wealth Ltd ABN 54 139 889 535 AFSL 357306