Financial Planning

Personal Insurances

Adequate protection against the consequences of unexpected accidents or illness is integral to any sound financial plan. By securing your finances, the right insurance will help ease the burden on you and your family should the unthinkable happen.

• Life Insurance providing a lump sum payment in the event of death
• Total and Permanent Disablement (TPD) Insurance providing a lump sum payment if you become disabled to the point you can no longer work
• Trauma Cover which pays an agreed lump sum benefit in the event of a serious illness to help you financially while you focus on recovering and getting back to your everyday life
• Income Protection which can pay up to 75% of your income if you suffer an illness or injury to help replace lost income whilst you recover.

We use our extensive industry experience and relationships with Insurance Providers and Chief Underwriters to manage all your insurance matters, from the establishment of insurance policies through to the processing of claims. We also review your level of cover to ensure it continues to meet your changing needs.

Big Bear Wealth can access all Risk insurance products allowing us to provide recommendations on which cover best fits your situation – considering price, product features and provider performance.

Superannuation

At Big Bear Wealth we know that a sharp and considered focus on your superannuation today will pay dividends when you need it most.

For most people, superannuation is one of their largest assets. It’s a major source of income in retirement and one of the most tax-effective ways to build your wealth.

We’ll help you identify the super strategies that suit your circumstances and give your retirement savings a real boost. While there are many strategies and opportunities to consider, the key to maximising your super’s performance is to start planning early.

Wealth Management

Managing your wealth, in line with your goals and objectives, relies on selecting the right investment strategies that can be practically implemented and maintained. Our advisers will consider a broad range of investment options that take into account your wealth aspirations and risk preferences. When determining which investment strategies are best for you, we design solutions that deliver on:

• Capital preservation
• Wealth creation
• Cashflow optimisation
• Debt management
• Income requirements
• Tax effectiveness

At Big Bear Wealth, we place our clients first. We recognise our clients as individuals who will have specific investment needs and that there is no “one size fits all” investment solution. Our advice is supported by a robust investment framework and access to the best available industry research.

Retirement Planning

The simple fact is many Australians will spend more time in retirement than in the work force and to be able to fund retirement we need investments. The good news is that there are actions you can take while you are working, as you are easing into your retirement and when you are fully retired that may assist you to reach your retirement savings goals and help make your money last you through retirement.

Transitioning into retirement

By using a Transition To Retirement strategy you can take control of your retirement date, prolong your retirement or use it to turn a redundancy into a time of opportunity.

Managing your retirement

Reaching your retirement is a significant milestone, and it’s important you live the life you want to without having to worry about what your money’s doing.

There are still many ways to make the most of this stage of your life and you might have a few questions.

Big Bear Wealth can help you manage and understand your investments and also provide guidance on issues such as super/pensions, tax, residential care and Estate planning.