I. Financial Planning

Can you succeed without financial planning? Some people try to do that, but they may find out (too late) that they aren’t able to achieve their goals in the end.

The average person can expect to live well into their eighties, which means that retirement life is almost as long as you've worked. Financially, this could mean that a person’s savings should be enough to maintain the same lifestyle without a job for at least 20-30 years, not including increased costs as they age and require medical attention, which can be especially high during old age.

Planning for all this can be challenging for anyone. That's why it's important to figure out your plans for money early in life - as it can be difficult to adjust one's spending habits later on in adulthood.

MoneyBliss is here to alleviate the stress of managing your own finances.

We at MoneyBliss can help you systematically plan your finances towards achieving your short-term and long-term life goals, keeping in mind :

• Inflation

• Real Returns

• Taxes

and considering your :

• Finances, i.e., your income, assets, and liabilities,

• Goals, i.e., your current and future financial needs and

• Appetite for Risk

Our well chalked out financial plan can bring about the below benefits:

• Helps you monitor cash flows and reduces unnecessary expenditure.

• Enables the maintenance of an optimum balance between your income and expenses.

• Help you boost savings and create wealth.

• Help you reduce tax liability.

• Maximizes your returns from investments.

• Creates your wealth and ensures better wealth management to achieve your life goals.

• Financially secures your retirement life.

• Reviews your insurance needs and therefore also ensures that your dependents are financially secure in the unfortunate event of death or disability.

What we offer as your Financial Planner :

1. Cash flow analysis

One of the most critical aspects of financial planning is understanding your cash flow and the connection between your current assets and debts. If you spend more than you make, it will be impossible to reach the goals you’ve set.

2. Risk management

Another essential part of financial planning is risk management. How you deal with life situations, for example, what are you going to do if you become medically unable to perform your work or physically disabled to deal with work obligations should also be included in your plan.

3. Superannuation planning

Superannuation will likely be or become one of the largest investments you will own so it is crucial that you are maximising the opportunities within this structure. This includes analyzing the fees, the investments and asset allocation and taking advantage of any taxation or contributions strategies.

4. Retirement planning

Retirement planning helps you understand when you want to retire. The plan should include your lifestyle and income objectives after your retirement.

It is also important to understand how Government Entitlements can fit in to your retirement strategy and if there are any ways of boosting these further.

5. Investment management

There are many different vehicles or strategies to use to invest any surplus income or funds you may have and each have different taxation implications or risk and return characteristics which is why it is important to receive advice.

6. Taxation planning

To protect your investment returns, tax management is essential. There are numerous tax-reduction methods and strategies for wealth creation options and tax-free income, which can be achieved thanks to tax planning.