Too often people wait until they are nearing retirement before asking a financial planner if they’re on the right track. The truth is the choices you make right now dramatically impact the next 10 or more years of your life. 

A financial planner can help you plan for a comfortable retirement but also set you up for successfully accumulating more wealth now. Whether you’re looking to own a home, start investing, protect your assets – the earlier you start the better.

Here’s why you should engage a financial planner when you’re in your 30s or 40s.

Get concrete future goals

Many people talk about their financial goals in vague and generic terms. I want to have more money. I want to provide for my kids. I want to have a retirement where I’m not worried about money.

A financial planner can take these sweeping statements and turn them into a roadmap for the future. Once they understand what you’re hoping to achieve they can turn it into action items and a firm plan.

Take action now

Long term goals are important but you can’t overlook short term goals. What needs to happen right now?

This will mean discussing with a financial planner what investments might best suit your aims. Understanding what your tolerance is for investment risk. Discovering the best strategy for your superannuation. Maximising your surplus cash flow.

Grow your confidence

See a financial planner as a mentor or money coach. They can give you the knowledge to understand your current financial situation better. You’ll be educated on the different options for building your wealth and protecting your assets.

Many people in their 30s or 40s feel like they could be doing more with the money. You might feel like you’re not saving enough, or spending too much, or you just don’t have great clarity. A financial planner can really help you get your head around all of this.

The key to confidence is knowledge.

To set yourself on a path towards financial freedom, book a discovery session with Venture Wealth Management.