Mature Families

At this stage in life you are:

  • Facing increased living expenses as your children are now older
  • Have moderate to high levels of non-deductible debt (such as home loans, personal loans, credit cards etc)
  • Have a greater capacity to save or invest as your household income is higher
  • Looking to accumulate savings and plan for retirement

Your financial concerns and goals might be:

  • Managing your family’s budget and cash flow
  • Protecting your family from financial hardship
  • Paying down debt
  • Building wealth
  • Estate planning

Lifepath Financial Planning can provide strategies for Mature Families involving:

  • Cash flow management
  • Budgeting
  • Debt reduction
  • Personal insurance
  • Determining your eligibility for Centrelink benefits
  • Funding education expenses
  • Building wealth through tax effective savings and investments
  • Superannuation and remuneration strategies

Lifecycle stages - pre-retirees revised - v2