If fifty is the new thirty you’ve probably reached many of your goals but may have plenty more you’d like to achieve. For some, you haven’t quite got the house to yourself yet, but it won’t be long.
For others, the house is paid for and it’s time to look for the next invest ment or adventure. Sooner than you think, you’ll have more time to do the things you’ve been saving for – and maybe some extra cash to do it with.
It may be time to tip the work/life balance firmly in your favour by banking wisely to help secure a bright future.
Options
- Offset your mortgage with up to 9 high interest sub-accounts on your Everyday Options Account.
- Plan as best you can for the future with Suncorp Wealthsmart.
- Look at investments options that may benefit your family.
- See a Financial Planner for advice on better managing your finance.
- Pay off your home loan sooner so you may relax later.
- If you’re looking for secure and guaranteed returns, consider our award winning1, high interest term deposits. They suit both short term and long term needs.
- A range of smart savings accounts offer simple, high interest ways to save your extra cash and link to your day-to day transaction accounts.
- Renovating your home or thinking of moving? – then refinancing might be the way to go.
- Encourage good savings habits for grandchildren by opening a children’s savings account.
Tips and tools
Savings
- It’s always a good time to start thinking about locking away some cash. It may not be easy,but the sooner you do it the closer you may come to reaching your goals with various terms and interest rates on offer. the rewards can be great and so are the rates.
- Changing your savings and spending habits can be a lot easier when our Suncorp branch staff and call centre consultants are here to help you.
- Let us give you a ‘health check’ on your savings. Visualising your future may not be easy and although $300 today may seem more attractive than waiting for $350 next week – a Suncorp branch manager can show you how a simple savings plan can help make a big difference down the track. So get thinking with us about your banking habits, your future needs and better ways to save.
Managing Home loans
- If you’re thinking of selling your home, you may find our Residex useful – what is it worth?
- To help with savings, our budget planner helps you manage income expenses and get a good idea of what’s left over for everyday items, mid term goals, and long-term security.
- Paying your loan repayments fortnightly rather than monthly can assist in paying down the loan earlier. An offset may suit you – where your everyday account offsets the interest on your loan and reduces the interest you pay.
- Home loan cash back can be used on selected loans to withdraw funds if you’ve made extra repayments –its cheaper than using a credit card or personal loan.
Superannuation
- Transition to retirement by going part-time first to help maximize tax benefits.
- Redistribute assets to your spouse – especially if they are younger.
- Sacrifice salary.
- Consolidate your super.
Other tips
- Avoid fees by setting up a ‘sweep’ – an automatic transfer from your everyday account to your savings account.
- Create a list of direct debits and note the dates to ensure you have enough money in your account to cover them.
Keep in touch
We enjoy banking and we’ve been helping people with financial needs for over 100 years.
Sometimes you may need to talk things over and other times a quick do-it-yourself transaction may suit. One way or another you can always get in touch with us.
So come and talk to us face-to-face in one of our branches or over the phone 13 11 75 wherever you are. Transactions are easy too – via Branch, Telephone or Internet banking. As much help or as little as you need - with Suncorp Banking, the choice is yours.
1 Suncorp Bank has been awarded the 2009 AFR Smart Investor Blue Ribbon Award for Best Term Deposit (30 to 300 day), August 2009.