• liberum financial

    (financial freedom)
  • liberum financial

    Having financial freedom means different things to different people.

    For some – it’s the idea of being able to fly away when they want, where they want. For others, it’s having certainty that they can live modestly throughout their retirement and be cared for in their later years.

    Whatever financial freedom may look like to you, to achieve it – you will either need to find a way, or make one.

    aut viam inveniam aut faciam

    (I will either find a way or make one)


    our approach

    outcome based

    We are an advice-based business which is focused on helping clients achieve their long term financial goals. Quite simply we are totally focused on you, our client.


    Our principal product is advice – if we recommend a product it is because it is in our clients’ best interests.

    privately owned

    We are privately owned. It is core to our offering that we only use highly competent research people to ensure only the best solutions are offered to our clients.

    Financial planning is not a one-size-fits-all commodity.

    We recognise that different people require different financial planning advice to suit their individual circumstances.

    We take a Mundus Novus (new world) approach to financial planning.

    Advice that is founded in the fundamental concept of putting your wants and needs first.

    Advice that is grounded in honest and meaningful conversations.

    Advice that is ‘outcomes’ based and unique for your very personal and individual financial objectives.

    what we do



    identifying personal, business and investment strategies to improve your income position



    creating investment strategies to improve your position in the short, medium and long term aligned to your goals



    determining if your current debt structure is appropriate and if debt can play a part in your wealth creation



    considering if there are better ways to mitigate your personal and investment risk given your circumstances



    helping you work towards creating the lifestyle you want to enjoy in retirement



    ensuring that your assets are passed to the right people, in the right way, at the right time under your estate

    how we can help

    No matter your stage of life, we’re here to help you achieve financial freedom, because nothing comes from nothing.

    We work with you to provide clarity, peace of mind and confidence in your financial future in a number of ways.

    pecunia, si uti scis, ancilla est; si nescis, domina

    (if you know how to use money, money is your slave; if you don’t, money is your master)

    From the Blog

    Life Insurance for every life stage

    One of the biggest misconceptions around life insurance is that it’s solely designed to provide a payout if you die. But life insurance is relevant at all stages of life.

    From your fancy-free 20s through your working life and into retirement, you will have different goals and priorities worth protecting.

    Here we look at the types of cover you should consider at each age and stage.

    20-30 years

    Partying, travelling, studying, working – for many, the first decade of adulthood means plenty of fun and not a whole lot of responsibility. As a result, you’re more likely to test your limits on the sports field, on the slopes, or in the sea.

    At this age it may not seem like you’ve got a lot to lose, but what about the loans you’ve taken out? That credit card bill you’ve racked up? The career you’ve been building? The mortgage you’ve just taken out with your fiancé?

    Life Insurance protects the future you’re building, your partner and your family, who could face liabilities if something happened to you.

    To protect what matters to you in your 20s, consider taking out Income Protection, Total Permanent Disability and Recovery Insurance with cover for Sports, Adventure Sports, Critical Injury and Accident. With age on your side, your premiums will start low if you opt for stepped premiums.

    30-40 years

    In your 30s you’re likely to be knuckling down: maybe you’re paying down a mortgage, building your investments or welcoming children to the family.

    It’s not only a busy and exciting phase, it’s one that can come with increased expenses and potentially debt.

    While it can be tempting to focus on paying down these debts or accumulating more assets, it’s equally important to make sure you’re protected.

    We can’t always predict what’s going to happen in life, and while we don’t like to think about the cost of being injured or getting sick, there are ways to support yourself and your family should you need an extended period off work.

    In your 30s you should consider Life Insurance, Income Protection Insurance, Recovery Insurance and Total Permanent Disability Insurance. Within each of those insurances you should look at building in additional protection against Illness, Accident, Injury and Cancer.

    40-50 years

    In your 40s you’re probably still plugging away at your mortgage(s), getting to the more expensive end of your children’s education, climbing the earnings ladder and adjusting your lifestyle accordingly.

    At this stage it’s important to protect everything you and your family have achieved, and the things you’re still working towards.

    Life Insurance, Income Protection Insurance, Recovery Insurance and Total Permanent Disability Insurance with appropriate additional cover for Accident, Illness or Cancer are all worth considering at this stage of your life.

    It’s also a good idea to review your level of cover regularly to make sure it protects your current assets and liabilities.

    If you haven’t done so already, think about whether your children need life insurance.

    It’s a horrible thought, but the unexpected death, terminal or critical illness of a child can be devastating financially, as well as emotionally.

    Child Life Cover can cover out-of-pocket expenses that are not recoverable via private health insurance or welfare schemes, and ease financial strain if a parent has to reduce their work to care for a sick child.

    50-60 years

    At this stage you are likely consolidating your wealth, getting to the point where your mortgage is nearly paid off and preparing for retirement.

    You may also be enjoying having an empty nest and doing a bit more adventuring.

    While you may feel you have fewer responsibilities now, the facts are: these are often your prime earning – and saving – years, but they’re also the years when chronic diseases often emerge.

    If something were to happen to you or your partner now, your retirement plans and the lifestyle you’ve become accustomed to may be disrupted. Not only that, your children could be left with your debts.

    Life Insurance is particularly important now – providing your beneficiaries with a lump sum if you die – and Income Protection, Recovery and TPD Insurance can play a vital role in ensuring you get to embrace that retirement you’ve been working towards all these years.

    No matter what stage of life you’re at, life insurance is worth considering. If you’re unsure about which option is best for you, we can help.

    Getting ready for retirement

    If retirement is something you are starting to think about, now is the time to put a plan together to ensure that you achieve the satisfying and meaningful retirement that you aspire to.

    While the most enticing aspect of entering into retirement is the prospect of being free to do as you wish, it can be challenging to adjust to all that free time and to navigate the changes associated with leaving the workforce. It’s important you continue to fill your days with activities that give your life meaning and make you feel valued.

    Maybe you have always wanted to pursue a certain hobby and never had the time. Whether it’s learning a language, picking up an instrument or unleashing your creative side, retirement can be the time to pursue your passions.

    The other thing to remember is that you have a wealth of knowledge in your field, and it can be very satisfying to pay that forward. Why not consider volunteering a few days a week at an organization that might be in desperate need of your skillset or mentoring someone who is just starting out.

    Staying active

    As you enter into retirement it’s important to keep in mind that old adage ‘move it or lose it’. In fact, by some estimates, lack of physical activity may be the cause of about half of the physical decline associated with ageing.i Aim to choose exercises that maintain muscle mass and flexibility as well as finding time a few times a week to get your heart rate up. Consider riding, swimming, strength training, yoga or even working on your golf game as good options.

    Practical Considerations

    Retirement often entails some big changes. Some people like to downsize, others seek a move away from the city’s hustle and bustle. In planning your next move, make sure that the area is adequately facilitated for your needs. Consider, for example, the proximity to medical services and importantly the rest of your family.

    Funding your lifestyle

    Everyone will have different aspirations when they retire. For some it will mean being able to travel and see the world. For others it will be enjoying time with the grandkids or pursuing projects they have always wanted to tackle. Whatever your goals, you want to be sure you have the money to fund the lifestyle you aspire to.

    It might be worth considering a gradual approach to ease into retirement. Rather than leaving the workforce altogether, you may be able to reduce the hours you work. That way you still have some income coming in, and a staged approach to retirement can also help with the mental adjustment to leaving the daily grind behind.

    Transition to retirement as a strategy

    A ‘transition to retirement’ (TTR) income stream is a type of pension that allows you to access your super while you are still working. The idea is that as you wind back your hours, you subsidize your decreased earnings with a portion of your super.

    To do this, you must have reached preservation age, between 55-60 depending on when you were born, and have started a super account-based pension.

    The table below will assist you in working out your preservation age.

    Date of birth Preservation age
    Before 1 July 1960 55
    1 July 1960 – 30 June 1961 56
    1 July 1961 – 30 June 1962 57
    1 July 1962 – 30 June 1963 58
    1 July 1963 – 30 June 1964 59
    1 July 1964 and onwards 60

    If you are younger than 65, you can draw down a pension income between 4% to 10% from your TTR account balance each year. You cannot withdraw a lump sum. When you are ready to stop work all together you can roll your TTR pension back into your super account.ii

    While TTR pensions can help increase your flexibility and may have tax benefits while you’re still working, they do involve drawing on your retirement savings, therefore leaving less for when you retire. Further, they may not be beneficial in all circumstances, are subject to restrictions and can be complex, so it is best to speak with an adviser before making a decision.

    Having a plan for how you ease into retirement is more important than ever. If you need help creating one, come have a chat with us to discuss your options.

    i https://www.betterhealth.vic.gov.au/health/healthyliving/physical-activity-for-seniors

    ii https://www.moneysmart.gov.au/superannuation-and-retirement/income-sources-in-retirement/income-from-super/transition-to-retirement

    Liberum Financial Pty Limited and its advisers are Authorised Representatives of Fortnum Private Wealth Pty Ltd ABN 54139889535 AFSL 357306 trading as Fortnum Financial Advisers This advice may not be suitable to you because it contains general advice that has not been tailored to your personal circumstances. Please seek personal financial advice prior to acting on this information. Investment Performance: Past performance is not a reliable guide to future returns as future returns may differ from and be more or less volatile than past returns.

    A Note about the Royal Commission

    In recent weeks we have seen plenty of media surrounding the Royal Commission into Banking and Financial Services. We felt it would be helpful to you for us to provide you with our preliminary thoughts.

    Read More

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