We invite you to join the Fairway Family
We believe there are 6 key elements to achieving well rounded Financial Success, represented by the six sides of The Financial CUBE.
Working With Fairway Financial
We know that everyone will have their own definition of what Success means to them, however, all six elements will be present throughout your financial life – and, they’re all related.
At times you’ll have different financial priorities, which is natural, but, what we’ve found is that if we focus on one side of The CUBE only for you, without knowing the full picture, an opportunity can be missed, or worse, cause an unintended negative impact in another area. Good decisions are made in context!
This is why we believe that everyone should have their own Financial Plan. Not an off the shelf, one-size-fits-all plan, but a true Financial Plan designed specifically for you and encompassing all six key elements.
We see the 6 key Building Blocks represented in The Financial CUBE as:
An Income Plan can provide you with options whether you are an employee or self-employed.
A comprehensive Income plan will consider:
- Tax planning
- Negative gearing
- Ownership structures
- Salary packaging
- Trusts and income splitting
You work hard and your Income Plan will help you make the most of your future income.
Debt is a significant reality in most peoples’ lives. Having a debt plan will help you manage finances and use your money wisely.
Your Debt Plan may consider:
- Home loans
- Investment loans
- Business loans
- Principal and interest VS interest only
- Fixed VS variable rates
- Offsets or line of credit
Having a well constructed Debt Plan can help you control your finances and make strategic decisions with confidence.
Your Investment Plan will provide you with strategies and researched options in an easy to understand format.
Your Investment Plan should consider:
- Ownership and tax considerations
- Risk profiling
- Cash and term deposits
- Property investment
- Stocks and shares
- Flexibility to market changes
Why gamble with your future when an investment plan can help you make all the right financial moves?
What if an accident or illness took everything away? A Protection Plan can help you achieve financial success in the face of life’s ups and downs.
Your Protection Plan should consider:
- Life insurance
- Total and permanent disablement
- Trauma insurance
- Income protection
- Key person insurance
- Business buy / sell insurance
- Asset insurance
Your Protection Plan will outline a safety net to make sure you don’t fall too far.
A Retirement Plan aims to provide you with funds so you can live your retirement years in the way you have always pictured.
A good Retirement Plan will consider:
- Income / pension streams
- Superannuation assets
- Transition to retirement strategies
- Potential redundancy
- Other income streams
- Business sales strategies
The actions you take, or don’t take today will affect your retirement picture.
Protecting your family and their future means you need to make plans for your financial future.
An Estate Plan should consider:
- Wills and testamentary trusts
- Insurance policies
- Enduring powers of attorney
- Company and trust assets
- Tax implications
- Superannuation assets
Don’t leave it to the last minute! An Estate Plan may be relatively simple but often overlooked, and is an essential part of any future plan.
Get In Touch
At Fairway Financial Advice, we believe and know that financial advice is all about you: your hopes, your dreams, and the possibilities of what your future could look like. Our job is to then work with you to help design that future, the way you want it.
To find out how we can work with you to achieve your unique financial plan and ensure you feel safe, secure and in control of your financial future, get in touch. Your future starts NOW.