We all look for professional advice when it comes to building a home or diagnosing an illness.
But according to research, between 60 and 80 per cent of Australians have never used a
financial planner.*
Many people don't seek financial advice because they're embarrassed about their financial
situation, they don't have enough money to invest or they think it's only relevant for retirement
planning.
Everyone can benefit from visiting a financial planner whether they're young or old, high or low
income, single or married. Financial advice can help people save money, protect their loved
ones and build wealth for the future.
Five myths and facts about financial advice:
Myth: I don't have enough money to invest
Fact: You don't need a large lump sum to invest or a high disposable income
Everyone, regardless of their income or how much savings they have, can benefit from
visiting a financial planner. You don't need to be a high net worth individual to reap the
rewards of advice. Financial planners can help with everything from budgeting and
debt management, through to superannuation and retirement planning.
Myth: It's only for people who are close to retirement
Fact: It's never too early to seek advice
Many people don't think it's necessary to visit a financial planner until they're
approaching retirement. While it's never too late to seek advice, it's also never too
early. Young people who are just starting their working life can benefit greatly from
financial advice. People who establish good money habits early on are less likely to
develop financial pr