Most Australian’s can’t afford to retire when they want.
The pension is $356 per week – just $30 above the poverty line.
Plus, Australian’s are living a decade longer than the average age in 1975, so we need a larger retirement fund to support us for a longer life expectancy.
How We Help
Free Financial Planners is a service to help people achieve wealth through different methods while removing the common obstacles of affordability, time, risk, and knowledge.
Not just property
We are linked to certified financial planners and licensed real estate agents, over 30 major lenders and various companies – giving us the resources and expertise to assist with:
Multiple investment options
Tax planning strategies
Creating Self-Managed Super Funds
Setting up Trusts
Present and future financial independence
Minimise tax exposure
Reduce current debt
Choosing the best performing investment properties
Implement risk management strategies
Strategies That Suit You
In addition to being able to secure some of the safest and most profitable investment properties in Australia, we can also help you build wealth through other investments such as equities trading and more.
Overcoming Common Hurdles To Wealth
Hurdle 1: Inflation
Whenever you save money, even if you earn interest, it’s actual spending value decreases over time and you don’t end up with any more than when you started, in fact it’s usually less.
This begs the question – what’s your super really worth? How far will it go when you retire?
Hurdle 2: Dead Money – Tax
How Much Tax Will You Pay In Your Remaining Work Life?
On a traditional mortgage, the amount of interest you end up paying is more than double the amount borrowed – and usually takes 30 years to repay.
That’s a big chunk out of your equity…
Hurdle 4: Deposit
OK so let’s say you know all this and want to buy an investment property but getting the deposit is an issue? Read on for the solutions below.
Solution To Hurdle 1 – Inflation
Putting your money into something that increases in value is the solution to staying ahead of inflation.
There are various ways to do this, and you can discuss it with our financial planners for free. Property is one of the favourite ways because it is a very passive type of income, plus it’s an actual roof over your head for generations.
Solution To Hurdle 2 – Tax
Taking advantage of tax rebates rather than let them go to waste makes sense right?
There are varied tax rebates available when purchasing new property for investment, in fact they can go towards paying up to 20% of the entire property. Normally this tax is obviously money going nowhere, so why wouldn’t you put it towards your future?
Solution To Hurdle 3 – Interest
We Can Help Restructure Your Loan To Save You Time And Money
Most people are aware that getting a lower interest rate will help, but a lower interest rate isn’t enough compared to getting a different type of loan or restructuring into a new type of loan.
Free Financial Planners will offer a qualified Credit Representative to see which product, if any, would best suit your needs.
Solution To Hurdle 4: Deposit
If you want to buy property but don’t have enough savings for a deposit there are other sources that won’t leave you out of pocket.
If you are already paying off a mortgage or own your own home, then your equity can be used as a deposit.
If you are renting, you may be able to use your Super.
If you can’t afford property in either case but interested in making your money go further in other ways, we can still help.
The average increase to house prices in Australia has been 7.25% per year.
(figures rounded down for illustration purposes)
The equity alone on just 2 properties can be enough to retire on in 15-20 years, unfortunately that equity is normally gobbled up by the interest by then. That’s why it’s important to have the right loan structure as well as the lowest interest rate.
Pay For It Without Your Own Money
You don’t need to be out-of-pocket to buy an investment property – in fact they pay for themselves or pay you.
Use current equity or super for the deposit
Your tenants pay around 70% through rent
The tax man pays around 10-20% through tax reductions
Your savings on interest or loan restructuring could pay the remaining 10%
And depending on the property you buy (we always aim for positive geared) and your financial situation – you could even get an immediate passive income instead.
Even If You Have Pay A Little?
You would still have a house and land in the end for at least 90% less.
To put it another way, compare it to a savings account: If you put away $30.50 a week every week for 22 years, instead of having $35,000 which won’t be worth as much by then with inflation – you would have something worth $350,000 even if there was no increase in value since you bought it. However going by the average 7.25% increase per year, that would bring the value up to $1,521,988. That’s the equivalent of turning your $30.50 into $1330 every week.
Why Property Is Australia’s Most Popular Investment
Very secure and reliable
Easy to understand and manage
Very tax effective
Usually paid for by someone else
Provides inflation proof income for life
Steps To Successful Property Investment
Our properties are researched by a group of experts to be a successful investments based on:
Price to value
Potential growth location
Rental income / yield
Insurance for loss of rental income or damage by tenants
Exceptional re-sale value
Making sure the above boxes are ticked can be a lengthy and risky process – why bother?
The Complete Solution, Completely Free
Why risk 100’s of hours of time and vast sums of money when you can get experts to help you for free?
You can compare up to 3 different companies with us. Their financial planners can also help you protect your assets through setting up a trust, create better performing self-managed super fund, restructure loans or determine if other investment strategies would best suit you. We are bound by law to only present a solution or property if it is in your best interests.
Get a financial planning process designed for you, whether that’s property or other strategies,
and receive advice and pitfalls on all wealth creation opportunities that interest you.
This website contains information that is general in nature. It does not take into account the objectives, financial situation or needs of any particular person. You need to consider your financial situation and needs before making any decisions based on this information. Before committing to any financial product, always ensure you read the relevant Product Disclosure Statement (PDS) which contains important information about the risks and implications of the product you are purchasing. Free Financial Planners does not engage in or offer any credit activity or financial service itself but refers requests to those who are licenced to do so.
Disclaimer: Free Financial Planners disclaim all and any guarantees, undertakings and warranties, expressed or implied, and shall not be liable for any loss or damage whatsoever (including human or computer error, negligent or otherwise, or incidental or consequential loss or damage) arising out of or in connection with any use or reliance on the information or advice on this site. The user must accept sole responsibility associated with the use of the material on this site, irrespective of the purpose for which such use or results are applied. The information on this website is no substitute for financial advice.