Money Management /

Financial advice in your 40s and 50s

Attention: open in a new window. Print

With your career and family life in full swing, your 40s and 50s could be the busiest years of your life.

With so much going on, it’s easy to slip the finances into cruise control and just ‘get by’.

The danger of this approach is that you could be missing out on vital opportunities to improve your quality of life – not just now but in the future.

What financial advice can do for you

A financial planner can help you take control of your finances, recommending a range of strategies that will help set your family up for the next phase of your life.

Some of the common ways a financial planner may be able to help include:

  • Managing your debts – helping you eliminate non-deductible debt and use deductible debt to grow wealth.
  • Building assets outside the family home – helping you use some of your disposable income to build wealth for the future that’s not tied up in the family home.
  • Paying for children’s education – putting a savings plan in place to ensure you’re able to support your children the way you want to.
  • Boosting your super – using a salary sacrifice strategy to reduce your taxable income and grow your long-term savings.
  • Protecting your lifestyle – reviewing any existing life insurance you have and making sure your income and dependants are protected if you become seriously ill or injured.

Not all of these strategies will apply to everyone. But the benefit of seeing a financial planner is that you can get personal advice that’s tailored to you – so you can be confident you’re making the most of your opportunities.

Why choose us?

Established in 1880, IMB Bank is one of the most enduring financial institutions in the country, helping people achieve their financial goals for over 140 years. Our members can access a fully featured range of services: home and personal lending, savings and transaction accounts, term deposits, business banking, and more.

Our renowned personal service is backed by innovation, providing convenient, secure digital banking options where and when you want it. IMB also has a growing retail branch network throughout NSW and Victoria, for when you need to speak to someone in person, and a team of professionals at our locally based contact centre. We have a lending specialist in every branch and a team of mobile lending specialists who will come to you.

Find out more

Whenever, Wherever Banking