The lives of all Australians are becoming increasingly complex
The lives of all Australians are becoming increasingly complex.
Government legislation around taxation, superannuation and estate planning is constantly changing; family situations are becoming more diverse; career paths are increasingly non-linear; and strategies to build wealth and plan for retirement are numerous and board, depending on a person’s situation and goals.
Further to this we are often brought up in Australia not to speak about money. We will happily talk to our friends and family about most things. But how much money we earn and want, and what we are doing to protect and promote what we have, can be considered off the table when it comes to BBQ conversations, or even what we are willing to confide to our nearest and dearest.
Most people have dreams for their retirement, but a lack of financial literacy could be to blame for the apparent gap between what many believe they can achieve in retirement and what their actual financial situation will realistically be.
Amidst this complexity, poor financial literacy and a lack of financial security is causing many Australians financial stress. In a recent study undertaken by Sunsuper close to three-quarters of people who haven’t received financial advice rate their financial literacy as poor. And less than half feel financially secure. It seems this financial stress is prompting many Australians to consider financial advice as a potential solution. But whilst the appetite for financial advice is on the rise, many are uncertain on who to trust and where to turn to obtain it.
As financial professionals we know financial advice can make a marked difference to our clients financial and emotional wellbeing, many people end up too scared to reach out to a financial adviser for fear they don’t know enough, don’t have enough, or might be told their dreams just aren’t achievable.
This is leaving many Australian’s to suffer in silence, not knowing what to do or who to turn to for help?
At Cultiv8 Financial Advisers we believe in the value of advice, we change peoples lives for the better; by breaking down the barriers to accessing financial advice, and ultimately helping to relieve our client’s financial stress and helping them unlock their financial potential to achieve their goals.
Our firm is passionate about providing advice that adds value, delivers results, is easily understood and tailored to the individual’s goals, objectives and what is important to them!
We offer an obligation-free initial appointment, so why not see what financial potential can be unlocked