Financial Advisor Hampton

Looking at Google Reviews from clients is an excellent way to see which financial advisors in Hampton are trustworthy. Vista Financial Group is an Authorised Representative of Count Financial Limited (AFSL 227232). As a local Bayside business, we’ve helped clients throughout the region retire in Hampton and effectively leverage their property equity. Our financial planners in Hampton build long-term relationships and celebrate milestones with clients. We will guide you through complicated financial matters with patience and understanding.

A retirement planner in Hampton will create a timeline of what needs to be done before you can retire with confidence. This involves reviewing your super, tax, assets, Centrelink and cash flow and creating a strategy that makes sense for your life. As a trusted financial advisor in Melbourne, we love to help our clients gain clarity about their future and ensure their finances are healthy and set up for a comfortable retirement.

There are a few different cost structures that financial advisers in Hampton use:

• One-off consultation
• Initial consultation fees
• Hourly rates
• Ongoing advice fees
• Flat fees
• Percentage-based fees

‍

The best structure depends on your individual circumstances. Financial advisors in Hampton charge different fees, but ongoing advice generally costs between $3000-$7000 annually.  Contact Vista Financial Group at 03 9598 8002 to discuss your financial needs.

It’s a common question, and the answer depends on your super balance, other assets and when you plan to stop working. Our retirement planning in Melbourne service ensures that your super and assets are optimised so you can  retire comfortably. Vista’s team of retirement planners in Hampton will take a broad view of your finances and identify areas that need improvement. Book a conversation with our team to discover what you need to retire.

How much you need to retire in Hampton depends on your lifestyle and your expenses on things like holidays or health care. The ASFA suggests that a comfortable retirement for couples costs around $73,000 annually, and $52,000 for a single person. When it comes to retirement planning in Hampton, Vista will find your exact retirement number based on your expenses and lifestyle. We’ll work with you to ensure you’re in a solid financial position and confident in your well-deserved retirement.

Eligibility for the aged pension depends on whether you own your home. A homeowner couple can access the full pension at up to around $470,000 in assets, excluding the home. You can receive a part pension of up to $1 million in assets. The exact threshold changes regularly, so it’s a good idea to engage a financial planner in Hampton to help you optimise your finances and ensure you’re eligible.

The downsizer contribution is a valuable strategy for eligible individuals. If you’ve owned a home for over 10 years and decide to sell, you can make a large contribution of sale proceeds into your super.

There are eligibility requirements for the downsizer contribution that include:

1. You must be 55 years or older
2. You must have owned the home for 10+ years
3. You can only make a downsizer contribution for a single home
4. You must contribute within 90 days of receiving settlement proceeds

Potentially. If they’re adults and financially independent, they’re considered non-dependents under tax law. Super paid to them as a lump sum after you die can be taxed at up to 17% on the taxable component. It is an easily overlooked clause in estate planning, but it is easy to fix. Speak with a Vista financial advisor in Hampton to discuss how you can protect your legacy and avoid unnecessary taxes on your super.