Victoria, Australia, 17th May 2024 – Gold Tree Wealth Advisory establishes its commitment to providing top-tier retirement planning services tailored to individuals at every stage of life. With its innovative Gold Standard Advice Process, the firm ensures that clients receive comprehensive financial guidance aimed at growing and safeguarding their wealth for the future.
Gold Tree Wealth Advisory recognizes the evolving financial landscape that individuals face today, compared to previous generations. Founder Nathisha Paramasivam explains in decades past, buying a home was more affordable, with lower income-to-house price ratios. Pre-90s – financé, wealth planning and retirement planning faced an entirely different landscape to those facing their future now.
In the 70s house prices were 4.1 times the household income. Since then, house prices have been on the rise with 2000s showing a 6.4 times income to house price ratio, with early millennials getting into the property market at a 7 times ratio. Now the average homebuyer today requires an 8.8 times income to home ratio making this figure double that of the 70s.
Yet, parents and many finance firms are now schooling our 20 and 30 year olds to get into their homes when it mathematically is impossible without parental contribution or governmental intervention says Nathisha. On the other hand, we have retirees in the 70-90s having their “retirement plan” as working hard for 40s years, saving very little away for retirement and then taking the Government Age pension to fund their retirement.
The reality that retirees are facing now is that the age pension payment has not kept up with the cost of living. Paying just over $43,000 for a couple – not enough for private health insurance, keeping heating on in winters and an occasional local trip. In light of these challenges, Gold Tree Wealth Advisory advocates for a shift in traditional financial advice.
“If all major financial variables have changed, income, cost of living, tax rates etc – the advice provided to individuals at every stage of their life has to be different, nuisance and push financial philosophies” says Nathisha.
Rather than prioritizing homeownership at a young age, the firm suggests considering alternative investment strategies pushing cultural normal to offer greater financial flexibility and growth potential to ultimately take control of one’s financial future sooner and realistically.
Furthermore, Gold Tree Wealth Advisory encourages individuals to rethink retirement planning strategies. While previous generations may have relied solely on government pensions, the firm emphasizes the importance of proactive wealth management and strategic planning to ensure a comfortable retirement. Proactively paying attention to on affectively utilizing mandatory superannuation contributions, proactively reviewing expenses/ budgets, and having a clear and concise target to work towards. Individuals can create a more secure financial future for themselves and their families.
Founder Nathisha Paramasivam’s vision for Gold Tree Wealth Advisory stems from a desire to revolutionize the financial planning industry. By prioritizing trust, education, and client-centric planning, the firm aims to empower individuals to take control of their financial destinies. Through virtual appointments and personalized Wealth Mapping Applications, Gold Tree Wealth Advisory offers accessible and convenient financial planning solutions, fostering financial literacy and enabling clients to make informed decisions.
“Our value proposition is simple: the client’s story comes first,” says Nathisha Paramasivam. “We are committed to fostering relationships built on trust and providing expert guidance tailored to each client’s unique goals and dreams.”
Gold Tree Wealth Advisory’s dedication to excellence and client satisfaction sets the standard for retirement planning and financial advisory services. To learn more about the firm and its Gold Standard Advice Process, visit www.goldtreewealth.com.au or subscribe to the Gold Tree Wealth YouTube channel for educational videos.
To learn more about Gold Tree Wealth Advisory and its Gold Standard Advice Process, visit www.goldtreewealth.com.au or subscribe to the Gold Tree Wealth YouTube channel for educational videos.
About Gold Tree Wealth Advisory
Gold Tree Wealth Advisory is a leading provider of retirement planning and financial advisory services. Founded by Nathisha Paramasivam, the firm is dedicated to empowering individuals to achieve their financial goals through comprehensive, client-centric planning. With a focus on trust, education, and personalized guidance, Gold Tree Wealth Advisory strives to make a meaningful difference in the lives of its clients.
Gold Tree Wealth Advisory Pty Ltd is a Corporate Authorised Representative (No. 1242101) of Lifespan Financial Planning Pty Ltd (AFSL no. 229892) | Nathisha Paramasivam is an Authorised Representative (AR No. 438124) |
Media Contact
Organization: Gold Tree Wealth Advisory
Contact Person: Nathisha Paramasivam
Website: https://www.goldtreewealth.com.au/
Email: contact@goldtreewealth.com.au
State: Victoria
Country: Australia
Release Id: 17052412225