SPG Wealth is a small financial planning practice based in Cockburn Central, 20 kilometres south of the Perth CBD.
The business was formed on the desire by owner Ryan Baker to help every day people make a difference to their financial future through making smart financial decisions.
Our core belief is that it doesn’t matter how much you have, it’s about making wise decisions with what you have and making the most of what life throws your way!
We work closely with a number of professionals that work in related fields and that we can highly recommend. Should your require the services of an accountant, finance broker or solicitor, please let us know and we can put you in touch.
SPG Wealth can assist you with Superannuation & Retirement Planning, Insurance Protection & Investments
SPG Wealth: Helping you SAVE money, PROTECT your most important assets and GROW your wealth.
Our Team
Ryan specialises in Gen X & Gen Y clients helping them in the areas of Budgeting, Superannuation, Insurance and practical help.
FINANCIAL ADVICE PAYS
Jadan was paying $612.90 a month for insurance. We reviewed his policies and reduced the premiums to just $201.98 a month while still retaining over $1.5 million of Life Cover, $1 million dollars of TPD Cover, maximum Income Protection and $350,000 of Trauma. On top of this we consolidated the 5 Super Funds Jadan had into 1 account and invested his funds into investments that suited his risk profile which we hope will perform better over the long term.
PRE RETIREMENT SAVINGS – $157,793.28 ($4,931.06 x 32 years)
Rebecca had 5 Super Funds of which 3 had insurance in. Some policies she would never have been able to claim on. We also directed Rebecca to a finance broker that helped her save on crippling credit card interest. Reviewing her funds, investing her into appropriate investment options and ensuring she had more relevant insurance meant we saved Rebecca $1,540 a year.
PRE RETIREMENT SAVINGS $15,400 ($1,540.00 x 10 years)
Jason & his wife were paying $7,097 a year for insurance premiums per annum and each year this amount would increase. We tweaked the level of Trauma cover slightly and wrote the policies again with a new provider that we believed would be more likely to pay should they need to claim. They also received additional benefits like child support benefit, access to best doctors, agreed value income protection, indexed claim benefits and premium policies rather than just standard cover. Each year we saved them $1,752.90 pa
PRE RETIREMENT SAVINGS - $38,563.80 ($1,752.90 x 22 years)
Tammy had 2 Super Funds that both had insurance but one fund was very expensive while the other was subsidized by her employer. We identified that she would need to keep the expensive fund as due to health conditions she could not obtain new insurance without significant costs and exclusions. We shuffled money around accounts, changed investment options and reduced the income protection cover to a level she could actually claim on. With no new accounts, policies or underwriting we saved Tammy $1,932.17 pa
PRE RETIREMENT SAVINGS - $44,439.91 ($1,932.17 x 23 years)
How to get started
To start making informed financial decisions call our friendly office to arrange a conversation with one of our team.