1800 800 225
Phone enquiries are available 8am to 7pm, weekdays and 9am to 3pm, Saturday.Our offices are open 9am to 5pm, weekdays.
Improve your chances of achieving your goals today
Visit the "My Goals" website developed by our partner, Bridges Financial Services*.
Whatever your goals in life, there’s a simple and powerful way to improve your chances of achieving them. How? Write them down. That’s right. Research* has concluded that people who write down their goals are more likely to achieve them. That’s why Bridges Financial Services* has developed a great online tool to help you do exactly that.
Visit the "My Goals" website now
After you’ve added to your goals, you’ll be sent a clear set of prioritised life goals delivered to your inbox, in about 10 minutes.
Research study by Dr. G Matthews, Dominican University, California, 2016
Bridges Financial Services Pty Limited (Bridges), ABN 60 003 474 977 ASX participant AFSL No 240837 part of the IOOF group, is the entity that provides advice. Firefighters Mutual Bank is a division of Teachers Mutual Bank Limited ABN 30 087 650 459 AFSL/Australian Credit Licence 238981. The Bank is the referrer and in referring members to Bridges, the Bank does not accept any liability or responsibility for any act or omission of advice provided by Bridges or its authorised representatives. This general advice does not take into account your individual situation, needs or circumstances. You should assess your own financial situation, or seek professional advice before making any financial decisions based on this advice. If we refer you to Bridges for financial advice we may receive a referral fee ranging from 0-30% of any entry fee and/or any ongoing fee paid by you to Bridges.
With the cost of living going up each year, it’s hard to imagine how much you’ll need for your retirement. But, the latest figures from the Association of Superannuation Funds of Australia (AFSA) suggest that if you’re aiming for a comfortable lifestyle in retirement you’ll need to save about $640,000 for a couple or $545,000 for a single person1. And, it would be even more if you want to enjoy some of the finer things in life.
To find out, enter the Bridges Retirement Lab, see how you measure up and whether you’re on track to live the retirement you want.
Enter the Bridges Retirement Lab
The Bridges Retirement Lab is an online tool that lets you picture your lifestyle in retirement and select the level of comfort you envisage for your home, food, leisure, transport and health care. You can then see if your savings, super and investment strategy measure up to meet the retirement lifestyle you want, view and download your results and see how financial advice can help you achieve your retirement goals.
To help you picture your retirement and see how you measure up, the Bridges Retirement Lab lets you test out various retirement scenarios through a three step process.
Picture your lifestyle in retirement.
Test if your savings, super and investment strategy measure up to meet the retirement lifestyle you want.
View your results, see what action to take and how financial advice can help.
Find a professional financial planner near you or visit the Bridges retirement lab by using the Bridges resources.
These links will take you to the Bridges website.
Bridges Financial Services Pty Limited (Bridges). ABN 60 003 474 977. ASX participant. AFSL No 240837. In referring members to Bridges, Teachers Mutual Bank Limited, does not accept any liability or responsibility for any act or omission or advice provided by Bridges or its authorised representatives. This is general advice only and does not take into account your individual situation, needs or circumstances. You should assess your own financial situation, or seek professional advice before making any financial decisions based on this advice. If we refer you to Bridges for financial advice we may receive a referral fee ranging from 0-30% of any entry fee and/or any ongoing fee paid by you to Bridges. Part of the IOOF group.
1. Source: ASFA retirement standard December quarter 2015. Note: assumes that the retiree(s) is in receipt of part age pension, owns their own home outright and is relatively healthy. For more information and the latest figures visit the ASFA website.
Bridges financial planners cover a wide range of financial planning and investment services to help you achieve your financial goals. They are committed to providing clients with professional, ongoing advice and service and can help you with retirement planning, superannuation strategies, salary packaging, stockbroking and so much more.
Bridges Financial Services Pty Limited is one of Australia’s largest financial planning companies focused on providing financial advice to the customer-owned banking sector including credit unions and mutual banks. They have over 60 offices and more than 160 planners across the country. Bridges has been helping Australians reach their financial goals for over 30 years. Bridges holds an Australian Financial Services Licence issued by the Australian Securities and Investments Commission (ASIC) and is an ASX Participant.
It pays to seek advice from a qualified professional. So while many people are aware that they need professional advice, it’s often hard to know where to start. The quest isn’t simply to find a planner; but to find one you can trust. Getting the right advice can make a huge difference, especially when it comes to your financial affairs. In fact, research by the Financial Services Council shows that people who received advice were almost $100,000 better off at retirement*.
*Source: Financial Services Council 2011. The research shows that a 30 year old would save an additional $91,000, a 45 year old would save an additional $80,000 and a 60 year old would save $29,000 more than those without a financial adviser.
Marriage, divorce, first job, new job, redundancy, first home, children, school fees, death of a loved one, illness, injury, retirement – some are expected, some are unexpected, but all are a part of life and just a few of the times when financial planning advice can make a difference. Any change in your personal circumstances can have an impact on your financial future. So, if your circumstances change, having a plan in place can provide reassurance and peace of mind at a difficult time.
Call us to arrange your free initial consultation
Make sense of the financial-planning process with our 6-step guide.
The first meeting with your financial planner will give you the opportunity to discuss your current financial situation. Typically, they will ask about how much you earn, other sources of income, commitments, and how you spend your money.
An essential part of this process is to clearly identify your financial goals. Your financial planner should take into account timeframes, financial commitments and other influences that may impact the development of your plan.
Your financial planner will assess your financial situation by asking you about your attitude towards risk and diversification as well as your time frame which will then help you prioritise your goals.
Based on your financial situation and goals, your financial planner will develop a complete strategy and prepare it for your review.
It’s good to approach your plan with flexibility; once you’ve agreed with your plan, it’s time to put it into action.
Staying on track is important to help you meet your goals and expectations. Your situation will change, so from time to time your financial planner will review your plan and check the progress of your strategy.
Selecting the right investment strategy is an important step in achieving your retirement goals. A Bridges financial planner can help you achieve a strategy that suits you so you can start creating a picture of what your retirement will look like.
A Bridges financial planner may be able to help you:
Everyone's situation is different. A Bridges financial planner can help you find a strategy that works for you.
After working so hard for so many years, don’t you deserve a retirement that’s as good as it can be? With a little bit of planning, you can do whatever you want in retirement. While many people rely on the Age Pension for their income in retirement, it only allows for a very basic lifestyle.
The Bridges retirement gap calculator projects how much you will have in super and how long it will last which is an important part of your retirement is planning. Then if there is a gap, there are a number of strategies you could consider to start closing the gap. For example, the salary sacrifice calculator illustrates the difference between making additional super contributions with pre-tax money compared with after-tax money. Super is concessionally taxed at just 15% compared to your marginal rate, which can really help your super grow.
Bridges financial planners cover a wide range of financial planning and investment services to help you achieve your financial goals. You can find out more about the financial planning process.
Bridges Financial Planning Resource Centre
Start planning for a brighter future today with these tips and resources from Bridges.
Most people have a desire to be financially independent but many never follow a plan to achieve it. Bridges, our financial planning partner, provides five reasons why seeing a financial planner may be the right thing for you.
As a Firefighters Mutual Bank member, you can make an appointment to prepare your Will. The cost for a single is $220 and a mutual Will is $350.
The cost for preparing a Power of Attorney* or Appointment of Enduring Guardian is $140 for a single and $210 for a mutual.
Appointments can be made at our offices below:
Monday, 14 January 2019
(Hunt & Hunt Lawyers)
Tuesday, 15 January 2019
(Maxwell, Meredith & Co)
To make an appointment submit an enquiry.
Thursday, 10 January 2019
(Maxwell, Meredith & Co)
Friday, 11 January 2019
(Maxwell, Meredith & Co)
Wednesday, 16 January 2019
(Maxwell, Meredith & Co)
Friday, 18 January 2019
(Maxwell, Meredith & Co)
Wednesday, 9 January 2019
(Maxwell, Meredith & Co)
Slater & Gordon are available by appointment.
Contact our WA office on
(08) 9421 8701.
NSW & ACT: As part of a wills service appointment, you have the opportunity to also speak to a Bridges Financial Planner as a complimentary service.
WA: pricing in WA differs from others States and it is highly recommended to call Slater & Gordon for a quote prior to making an appointment.
A Lawyer will talk through the requirements of the member in an initial telephone discussion and confirm the requirements of the member. In most cases, a draft Will is then prepared which is finalised and signed when the member attends for his or her appointment at the Wills Day in one of our offices.
When a situation arises where the Lawyers cannot complete the Will requirements on the Wills Days, the Will can always be finalised at the lawyers or by post. Once your instructions have been taken and documents have been prepared by our Solicitors the fees are payable in full regardless of cancellations.
We can organise signing of documents several ways if you are unable to attend on the day of your appointment.
The following are the most common areas which require preliminary thought:
The lawyers can discuss any need you may have for an Enduring Power of Attorney and/or the Appointment of an Enduring Guardian.
The Enduring Power of Attorney “endures” if you subsequently suffer loss of mental capacity. However, the Enduring Power of Attorney cannot be used for “health” or “lifestyle’ decisions. An Appointment of Enduring Guardian is required to be made to permit someone to make these decisions should you become incapable of managing your own “person”.
For an Appointment of Enduring Guardian to be effective, the person (or persons) you appoint as your Enduring Guardian should preferably be present with you when you sign an Appointment of Enduring Guardian in the presence of a solicitor. Otherwise, separate arrangements will need to be made for them to sign in the presence of a solicitor later.
Any Enduring Power of Attorney signed after 16 February 2004 requires any person appointed as your attorney to also sign the Power of Attorney for it to be effective. It is therefore helpful, but not essential, for your attorney(s) to be present when you sign a Power of Attorney in the presence of a solicitor.
The lawyers trust that the above information will assist you. We look forward to talking to you and meeting you at the Firefighters Mutual Bank.
The solicitors who provide advice to members on wills, powers of attorney and the like, while endorsed by the Bank, are in fact completely independent. While we have taken steps to ensure that the solicitors recommended from time to time are licensed, we cannot accept liability arising out of the provision of any legal services that they offer.