People accumulate wealth for any number of reasons. These reasons can be as simple as saving for an annual holiday or new car purchase. Wealth accumulation can also be used to provide an additional nest egg to supplement your superannuation in retirement. Other reasons for wealth accumulation can include:
- Saving to fund your children’s education
- Saving for a deposit on a new home
We specialise in maximising client wealth. Good financial planning takes advantage of as many wealth creation strategies as possible.
Wealth is created when a person’s financial net worth increases (after adjusting for inflation) as a result of:
- Basic budgeting
- Investment growth
- Regular investment plans
- Salary packaging
- Government grants, tax offsets and schemes (ie superannuation co-contribution, first home owners grant and savings scheme, etc)
- Tax effective investment
Organic Wealth can can help you with wealth strategies and investment.
For more information how we can assist with growing your wealth, contact the team at Organic Wealth today on 08 8563 1673.