WHERE DOYOU START?
Whether you are just starting out, in the process of accumulating wealth, thinking about retirement or have retired, a financial plan can empower you through life’s many decisions to ensure you get the optimal outcome. If you are unsure about any element within your financial affairs or whether or not your goals are achievable, Optalife Financial Services can help you get there.
Our role is to understand your unique circumstances, partnering with you to develop, implement and review your strategy to help you achieve your personalised goals and objectives.
Who we are
Optalife is a boutique financial services firm specialising in providing a broad range of comprehensive financial solutions designed and tailored to the individual needs of Australians and their families. We are an experienced and energetic team with one purpose in mind; to partner with, and provide our clients with clear, considered and objective financial advice to help improve their quality of life and assist in achieving their goals. Optalife has partnered with Millennium3to provide, what we believe is, the strongest framework to help us achieve this. Millennium3 is one of Australia’s largest financial services adviser groups with origins tracking back over 30 years. This partnership allows us to deliver transparent and innovative advice solutions, as well as the systems, programs and processes required to deliver the highest quality advice.
Achieving long-term financial and lifestyle objectives can seem complicated and time-consuming. Our simple six-step process is designed to enable a seamless and efficient financial advice journey for you.
Your Goals
The initial consultation is an introduction to financial planning. It is a goal development, education and fact find session designed to get to know you on a personal level. In order to create your tailor-made strategy, we need to fully understand you, your goals and your objectives.
WHAT AREAS ARETO BE ADDRESSED
Based on your goals and objectives we will define the scope of advice to be addressed. The scope may be limited to one strategy or goal, or it may address all areas of your financial situation.
Our findings
We will commence our research and analysis of your unique goals and objectives. This will involve reviewing your current strategies and products to determine their suitability in helping you achieve your goals. You are kept well informed throughout this process.
We will help to simplify often complex and complicated concepts as we develop your strategy, giving you confidence and peace of mind about your current and future financial needs.
Our Recommendations Your Statement of Advice will contain our recommendations
on the most suitable strategies, products and services to help with the achievement of your goals. These recommendations are presented in person to ensure adequate understanding by giving you the opportunity to ask questions on our advice.
We do all the work
Once you’re comfortable to go ahead, we will put the plan into action. We will work with your current providers, potential new providers and any third parties, such as accountants or mortgage brokers, to successfully implement your recommendations and strategies.
A strategy that evolves with you
Over time your circumstances, goals and objectives may change. As a result, we build a continuing partnership with you to ensure you stay on track and your financial plan is still relevant to your goals.
Everyone has unique goals and objectives when it comes to their finances.
This is why Optalife Financial Services offers an extensive range of internal and external advice based solutions. Working with our in-house and external specialists provides a truly integrated approach.
Whether you’re in need of help with specific elements of your finances, such as your superannuation, risk protection, getting prepared for retirement or considering more comprehensive advice, we can help you put it all together.
Our holistic approach draws upon a wealth of experience, industry knowledge and strong partnerships to create efficiencies and enhanced benefits to you.
This cohesive structure enables us to reveal options and opportunities that you may have never previously considered.
Mortgage Broking Services provided by Optalife Finance Pty Ltd: ABN: 16 607 051 481. Australian Credit Licence 440225. Millennuim3 does not have anyaffiliation with Optalife Finance Pty Ltd and take no responsibility for any advice or services provided by them.
Legal & Accounting Services are all provided by trusted partner firms. Other than a referral arrangement, Optalife Pty Ltd or Optalife Finance Pty Ltdhave no affiliation with these firms and take no responsibility for any advice or services provided by these firms.
A flexible and diverse range of integrated advice solutions
FINANCIAL ADVICE
For a clear view of where you want to be and whether or not your goals are achievable, we’ll work with you to understand your personal circumstances, then develop a structure and plan that will help you get there. It’s all about ensuring you have a strategy in place that is aligned to your unique goals and objectives, and has your money working smarter for you. Our partnership begins with our six-step process and sees you on your way to having a clear, considered and objective roadmap toward achieving your goals.
CASH FLOW AND DEBT MANAGEMENT
To start on the path to building wealth, you need to start saving money and reducing your debt. An appropriate way to do this is to set yourself a budget. Setting a budget is about finding a balance between income and expenses and deciding what’s important so that there is money left over to save. A simple strategy to reduce your debt is to make additional repayments with your extra cash flow or savings. Not only will this reduce the level of your debt, but it will also reduce the overall interest you pay over the life of your loan. We work with you to set up and create an achievable budget and devise strategies to help minimise outstanding debts.
INVESTMENT PLANNING
Having an appropriate investment plan can enhance your returns and help you reach your long-term goals and dreams. Whether you’re an experienced investor or a beginner trying to gain exposure to the market, we can take the complication out of investing by creating a diversified investment strategy in line with your risk tolerance, goals and objectives. By analysing your full financial situation, we can determine the most suitable investment plan for you across a wide variety of investment options. Such options include direct shares, managed funds, fixed interest and investment bonds.
ESTATE PLANNING
A continuation plan for your estate provide speace of mind for you and your family at a difficult time. It works to ensure the intended recipients of your estate receive it with out intervention and delay. Working with our trusted legal partners we can assist with the development of Wills & Powers of Attorney. We will also work in partnership to develop strategies to minimise the tax payable to your estate.
SELF-MANAGED SUPER FUND
A Self-Managed Super Fund (SMSF) can give you flexibility and control over your retirement savings.With greater control comes greater responsibility when operating your SMSF and this is something that needs to be taken into consideration. Creating your own SMSF can be complicated, especially if you aren’t sure of the benefits or if it’s even right for you. Our experienced team of in-house and external experts will assess whether operating aSMSF has advantages for your retirement goals. We will provide you with the advice that will allow you to make an informed, unbiased decision.
HOME LOAN FINANCE
Finding the right loan can be very challenging, especially for first time property owners and investors alike. We use our skills and expertise to sift through the thousands of products available in the market place to find the most competitive loan for you. We work with you to educate and develop the appropriate loan structure, paired with the most suitable lender and competitive
rate. Working on your behalf, we assist with the legwork and negotiation to ensure a smooth lending journey. Our strong relationships with all the major lenders enables us to offer you a competitive
home loan rate that are often not available through other channels.
RETIREMENT PLANNING
For most, retirement is considered a goal, an aspiration, and a reward for a lifetime of hard work. Whether travelling the world, playing golf, volunteering or just relaxing, the ideal picture of retirement varies for everyone, but to maintain this lifestyle for 20 to 30 years, you need to have a plan. We work with you to determine how you will turn your retirement savings into a regular income, your eligibility for Centrelink benefits, the different living options, and how to pass your assets onto loved ones after you are gone.
SUPERANNUATION
You’ve worked long and hard to build up a nest egg, now put it to work. With our advice and guidance, we will work with you to devise a strategy that can help you enhance your current superannuation savings, giving you peace of mind that it will last long enough so you can enjoy more of your retirement.If you have several funds, we can assist with tracking down and rolling over too.
RISK PROTECTION
No matter how much expert advice you receive
or how well you manage your finances, there is always a risk of serious illness, injury or death. Where that leaves you and your loved ones financially can depend on the insurance cover that you have in place. Personal insurance can provide the money that you or your family need in critical times or if you are no longer able to earn an income. We work with you to help determine a level of cover that is adequate for you and your family. Using our expertise and strong relationships with the major insurers,
we can recommend a superior solution for:
We will also educate you on the benefits on holding cover personally or with superannuation so you can make an informed decision.
CENTRELINK & AGED CARE
Taking advantage of, and enhancing any potentialCentrelink entitlements is a great way to supplement your income and help in times of need. Entitlements such as the age pension can be used in conjunction with superannuation to achieve an adequate level of retirement income. We will educate, advise and guide you through the options available to you. It’s a fact of life that many of us will need to one day face the daunting task of seeking aged care for someone close to us. At first the complexity of dealing with the personal, practical and financial issues may seem overwhelming, but there are positive ways to address these issues and we’re here to help you navigate through them.
TAX SOLUTIONS
For most, retirement is considered a goal, an aspiration, and a reward for a lifetime of hard work. Whether travelling the world, playing golf, volunteering or just relaxing, the ideal picture of retirement varies for everyone, but to maintain this lifestyle for 20 to 30 years, you need to have a plan. We work with you to determine how you will turn your retirement savings into a regular income, your eligibility for Centrelink benefits, the different living options, and how to pass your assets onto loved ones after you are gone.
The information (including taxation) provided in this brochure is general information only and does not constitute financial or taxation advice. It has been prepared without taking into account any of your individual objectives, financial solutions or needs. Before acting on this information you should consider its appropriateness, having regard to your own objectives, financial situation and needs. We recommend you seek professional advice where appropriate including specialist tax advice from a financial adviser or registered tax agent.
Optalife Pty Ltd is a Corporate Authorised Representative of Millennium3 Financial Services Pty Ltd ABN 61 094 529 987 AFSL 244252.
Mortgage Broking Services provided by Optalife Finance Pty Ltd: ABN: 16 607 051 481. Australian Credit Licence 440225. Millennuim3 does not have any affiliation with Optalife Finance Pty Ltd and take no responsibility for any advice or services provided by them.
Legal & Accounting Services are all provided by trusted partner firms. Other than a referral arrangement, Millennuim3, Optalife Pty Ltd or Optalife Finance Pty Ltd have no affiliation with these firms and take no responsibility for any advice or services provided by these firms.