Getting Started

You're building a career and are at the beginning of your wealth journey

You are aged in 20s to 30s and are enjoying the financial independence of working life. You are keen to be self-sufficient, but are aware of how difficult it is to save and get into your first home. You have some savings but not sure how much deposit you need, and you currently may be renting or living at home with your parents.

If this sounds like you, Virtue & Partners can help. Get in touch with us today.

Young Couple

You're building a life together and are planning for your financial future

You are aged in 20s to 30s, working on your career, and you enjoy having a reliable income. You may be paying off a mortgage, loans, credit cards, cars, etc. You are considering combining you and your partners' incomes, as it will help you to manage expenses and make provisions for your financial future together. You may also be thinking about starting a family.

If this sounds like you, Virtue & Partners can help. Get in touch with us today.

Families

Your career is doing well and you want to ensure your family is protected

You are aged in your 20s, 30s, 40s, or 50s, and you want to provide financial security for your family, usually on a tight budget. You need to protect the assets that you have worked hard to build, and also the income that you earn in case you can't work for an extended period. You may be wanting to start allocating funds towards education, but may have a reduced income due to one (or both) partners reducing working hours to look after children.

If this sounds like you, Virtue & Partners can help. Get in touch with us today.

Professionals

You want to balance growing your career with celebrating your success

You are aged in your 30s, 40s, or 50s and are enjoying an established career as something like a medical specialist, lawyer, accountant, engineer, architect, etc. You may have even established your own business or practice, developing your stake in the business. You have already started to enjoy financial success, and you are open-minded, approachable and appreciate good advice.

If this sounds like you, Virtue & Partners can help. Get in touch with us today.

Planning Retirement

You are looking to stop working and want to plan for your future

You are aged in your 40s, 50s, or 60s, have enjoyed a successful career but don't want to work forever. You've started to talk about how to fund your retirement, and you're keen to improve your financial knowledge as you may have money available to invest. You may even have existing investments, but are concerned about the volatility in the share market. You want help planning for the future - planning for things like education, renovations, travel, or even complete retirement - in a life with no or limited work.

If this sounds like you, Virtue & Partners can help. Get in touch with us today.

Enjoying Retirement

You want to enjoy what you have worked so hard for over your career

You are aged your 50s, 60s, or 70s. You've retired from work, or are just about to. You want to enjoy the fruits of your labour and need help managing your retirement income, including advice about social security services. You may have superannuation - as well as other investments such as managed funds, shares, and property - and want to make sure your estate planning affairs are in order.

If this sounds like you, Virtue & Partners can help. Get in touch with us today.

Changing Jobs

Changing careers can be stressful. Whether you love your job or you've been thinking about finding a new one, being without work or having to change careers unexpectedly can be planned for.

You may find yourself considering career options you hadn't given serious thought to before: undertaking training, seeking further education, looking for part-time work or considering working for yourself and starting your own business.

Have you considered the financial and emotional implications of changing jobs? These can be overwhelming and can affect other areas of your life. There are many options to be considered to ensure you'll be satisfied with the changes you're making and that you receive the entitlements due to you when you leave your current job.

Making time to speak with us can give you the opportunity to explore the viability of your options, assess your future and ensure you stay on track to reach your goals.

If you find yourself in a similar situation, Virtue & Partners can help. Get in touch with us today.

Ageing Parents

As Australia's population continues to age, the proportion of people over 65 is rising. Many elderly people aim to remain independent and live in their own homes. But in some cases this isn't possible.

Fortunately, there are many options. Sometimes staying at home with regular support is possible and sometimes full-time in-home care is required. You may find that eventually you're faced with the difficult decision of helping your parents move to another residence where their wellbeing can be better supported.

Working with Virtue & Partners will ensure you're aware of the options available to your parents, that their needs are met and they do not unintentionally forego any financial entitlements.

We will look at the structure of your parents' assets to maximise Centrelink aged-care and health-care benefits to help their savings and support them to stay at home. The impact of capital gains tax as a result of the sale of any assets may also be reduced or avoided altogether.

We can be there with you from the start to assist you with every aspect of exploring and managing your parents' options and needs. For example, we can assist by connecting you with care assessment teams and home support services, participating at family meetings to help ease the stress of challenging conversations during difficult times for your family, and even working with your accountant and lawyer to ensure the needs of your parents are being well supported.

Speak with Virtue & Partners for the right advice and guidance. Get in touch with us today.

Receiving Inheritance

Receiving an inheritance can leave you with mixed feelings. Dealing with the loss of a loved one, grief and other emotions can make it difficult to decide what to do. Sometimes during emotionally challenging times, the impact of tax and inheritance rules can be the last thing on your mind.

At such times, it can be comforting - and in your best interests - to speak with us. You can then go through the grieving process more freely with the assurance that tax and inheritance rules won't eat into your money unnecessarily.

Depending on the types of assets you inherit and the way any money is passed on to you, there can be issues to consider and manage in order to maximise the amount you receive.

Often when a loved one dies we can be reminded about the importance of planning for our own beneficiaries and ensuring everything is as uncomplicated for them as possible.

We can work with you and your accountant and lawyer to ensure you end up making the most of your inheritance, and can guide you in what you can do to ensure your loved ones are taken care of when you die.

If this situation sounds similar to you, Virtue & Partners can help. Get in touch with us today.

Buying Property

Financial advice from Virtue & Partners can make a big difference in how quickly you can own that home or investment property you have been thinking about buying. How you structure your mortgage, and considering any existing loans and savings accounts you have-makes a big difference to your long-term financial success.

Assess your financial position with us and you can take years off the duration of your loan and own your property quicker.

Before you commit to any contracts, get a second opinion from Virtue & Partners. Get in touch with us today.

Starting A Family

Welcoming a first, second or third child may be one of the most exciting and overwhelming times of your life. With a new child comes a new budget with many changes and a whole new life stage.

Financial decisions need to be made and it certainly pays to plan well ahead for such a significant time in life - especially if there's the chance your situation means changing from two incomes to one for any length of time. The cost of child care or an income reduction will have a financial impact throughout the child's lifetime and both or one parent may continue working and, depending on what's best for your family, the cost of child care while you're at work or a reduction in income will have a financial impact. The financial costs associated with having a baby can be surprising and related costs in raising the child need to be considered also.

When preparing for the arrival of your child, you may find yourself meeting the initial costs of furnishings for the nursery while you consider the day-to-day costs of looking after a baby. Some decide to buy another car while some may think about a larger home with a bigger backyard. The time also arrives when the options and costs for a child's education need to be considered.

Virtue & Partners can ensure these expenses are planned for, that your family and all you have worked hard to gain are protected and you can give your children the best start to life - regardless of what life brings.

If you are expanding your family, Virtue & Partners can help prepare for a better future. Get in touch with us today.

Getting Divorced

Whether you are married or in a de facto relationship, separating from your partner can be one of the most challenging times in your life. Current trends suggest that one couple in three will face the complicated emotional and financial issues of a separation or divorce.

When separating from your partner you'll need to review any joint investments, bank accounts, superannuation funds, personal insurance, health insurance, and possibly your tax arrangements. If you have children, you may need to address child maintenance arrangements too. In certain circumstances one or both parents may be entitled to temporary or long-term parenting payments from Centrelink.

By speaking with us you can be confident in your entitlements and options. Many people have benefited from our insights and assistance when negotiating with their partner.

The challenges can be complex and we can guide you through the financial implications of separation and help you prepare for the next chapter in your life.

In what is likely a very challenging time for everyone involved, Virtue & Partners are here to help. Get in touch with us today.