Happy New Financial Year!
If you are anything like me, you are hoping that the end of the financial year is the reset we need for 2020. Bring on the 2021FY, I say!! There is something about milestone dates that shifts you into ‘planning and reflecting’ mode, and this start to the 2021 financial year is no different for me.
In recent weeks, my team and I have received some wonderful comments from our clients who have reached their significant milestones/goals. This is welcomed positive vibes considering what this year has dished up so far… and if we are honest, who doesn’t like a little ego boost now and then!
A couple of these really stand out, as their planned early retirements have been part of on ongoing planning process for over a decade each. Not even the “Covid curveball” has stood in the way of it becoming a reality (and on schedule) in 2020.
What I love most about these milestones, is that we were able to play a role in ensuring these “plans” became a reality despite the many curveballs over the years. It is not always smooth sailing and often resembles a rollercoaster more than the beautifully smooth graphs used in the initial plan and modelling to set course. Call me crazy, but I like the rollercoaster and challenge of it all. On some subconscious level, I am sure it makes the success that much sweeter.
Planning is personal, and as advisers, we are fully invested in our clients achieving what is important to them. It is a privilege and why I got into and love financial planning.
Here’s to an awesome 2021 Financial Year!
Pete is the co-founder and oversees the investment committee for Pekada. He is a qualified financial planner with 17 years of experience. Based in Melbourne, Pete is on a mission to help everyday Australians achieve financial independence and the lifestyle they dream of. Pete has been featured in Australian Financial Review, Money Magazine, Super Guide, Domain, American Express and Nest Egg.