The Lifecycle Financial Planning Approach

The lifecycle financial planning approach places all your financial activity into distinct time periods, or stages, with retirement acting as the final phase in the financial lifecycle. This approach is powerful as it provides you a clear framework for evaluating different decisions. Here are the 5 standard financial life stages encompassed in the lifecycle approach….

Should You Make A Will?

A will is a legally enforceable declaration of how a person wishes his/her assets to be distributed after death. In a will, a person can also recommend a guardian for his/her children. A well-constructed will ensures that your wishes are carried out, and it can make things simpler and easier for your heirs. When a person…

4 Financial Essentials for New Parents

Being part of the Gen Y babies born in the 1980s, in recent years I have found myself often discussing the topic of parenting with my friends who have just become Mums and Dads. Interestingly, quite a handful of them have asked me the same questions: How can I financially plan for my baby? What are policies should I be looking at…