BMG Financial Planning and Accounting Albury Wodonga

April 2019

FIRE movement | Emergency buffers | Sea/Tree changes | Linked policies | Aged care

In this month’s newsletter, we begin by providing insight into the somewhat controversial FIRE (Financial Independence, Retire Early) movement. Our animation illustrates the importance of an emergency buffer – a ‘rainy day fund’ to weather financial emergencies. A sea/tree change can be on the cards for some pre-retirees and retirees; we offer food for thought on this. Linked personal insurance policies can make sense in some instances; we explore this through the lens of a needs analysis. Lastly, we leave you with a video by Saturday Night Live that delivers a light-hearted segue into talking about aged care services.

Wealth accumulation and the FIRE movement

The FIRE (Financial Independence, Retire Early) movement is a rather controversial social lifestyle movement that’s gaining some traction. In this article, we provide insight into this movement.

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Establishing an emergency buffer

A key question to consider is whether you have enough savings at hand to weather an unexpected financial emergency. In this animation, we illustrate the importance of establishing an emergency buffer.

Launch Video

Considering a sea/tree change in retirement?

Nearing or in retirement, for one reason or another, some of us can start to give thought towards a sea/tree change. In this article, we discuss relevant considerations before taking the dive.

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Needs analysis: Linked personal insurance policies

A needs analysis can be an important initial step in the establishment of an appropriate personal insurance plan. In this article, we explore needs analysis and linked personal insurance policies.

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Aged care services and receiving care at home

At some point in your life you may find that you need assistance to continue living at home. In this video, Saturday Night Live provide a light-hearted segue to talk about aged care services.

Launch Video