Build my wealth



Coastline provides practical ideas to build your wealth – for all ages and stages

When you're 20, you can't imagine being 70. And when you're 40, you don't want to think about turning 50. But you do turn 50 and life takes a new direction. Suddenly, you have to think about how you're going to fund it. 

At every stage in life, there are new things to learn about money and financial planning. From your early foray into savings, right through to planning for and managing your retirement income, building wealth is a process that can – and should – last a lifetime. 

Coastline will show you what you should be thinking about now, so you can feel more confident about moving to the next stage in life.


In your 20’s

  • Start budgeting to manage your cash flow and debt – the right spending choices now can help set you up for life
  • Pay off ‘bad’ debt – fast track credit card and personal loan repayments
  • Start a regular investment plan – keep disciplined using direct debit and re-invest your earnings
  • Kick-start your super – consider a more aggressive investment mix as you're in it for the long haul

In your 30’s

  • Pay off 'bad' debt – fast track credit card and home loan repayments
  • Consider consolidating – debts, super fund accounts and bank accounts
  • Have a regular investment plan and re-invest for the potential to magnify your returns
  • Take out adequate insurance – such as life, disability, income protection
  • Be smart with super – consider a more aggressive investment mix
  • Create a Will

40’s

  • Pay off bad debt – fast track credit card and home loan repayments
  • Consider consolidating – debts, super fund accounts and bank accounts
  • Have a regular investment plan and re-invest your earnings
  • Get financial advice on borrowing to invest for the potential to magnify your returns
  • Check your insurance cover and who it will be paid to
  • Be smart with super – consider a more aggressive investment mix as you still have a long-term investment horizon
  • Review your Will for changing circumstances

In your 50’s

  • Take advantage of higher limits for concessional super contributions until 2012
  • Get financial advice on how to pump up your super savings now to take advantage of the 55+ opportunities
  • Review your risk profile and make sure your investments still suit
  • Get financial advice on borrowing to invest for the potential to magnify your returns
  • Check your insurance cover and who it will be paid to
  • Review your Will and consider estate planning

If you're 55+

  • Take advantage of higher limits for concessional super contributions until 2012
  • Get financial advice on accessing your super to take advantage of tax benefits and government entitlements

If you're 60+

  • Get financial advice on accessing your super – look at ‘refreshing’ your arrangements each year to increase your income payments and contributions to further boost your super
  • Maximise government benefits by structuring your income and assets appropriately
  • Accelerate your super savings if you're still working
  • Release other wealth – consider equity and downsizing strategies
  • Review your Will and estate plan


For more information, contact Coastline to order your copy of ‘Ways to Wealth – any age, any stage’ booklet.