Retirement and Estate Planning

/Retirement and Estate Planning

GROWING YOUR NEST EGG USING REAL ESTATE

In Australia, the national past-time seems to be to save, save, save for a house deposit! People are making all sorts of sacrifices to get that all-important deposit together – from living with mum and dad into their thirties, to sacrificing life’s little luxuries. But why are so many Australians so very [...]

By | 2018-02-28T13:19:15+00:00 September 28th, 2017|Retirement, Retirement and Estate Planning, Retirement Nest Egg, Superannuation and SMSF|Comments Off on GROWING YOUR NEST EGG USING REAL ESTATE

DON’T GAMBLE WITH YOUR LIFE

Gambling in Australia is a multibillion-dollar industry. And while we are in the midst of spring racing season – it is more evident than ever. Let’s imagine if the money that is being gambled away was saved instead for the purposes of retirement. We spend over $18 billion dollars per annum on all forms of gambling. Read [...]

By | 2018-02-13T17:24:49+00:00 November 16th, 2016|Finance Control, Financial Planning and Advice, Money and Wealth, Retirement, Retirement and Estate Planning|Comments Off on DON’T GAMBLE WITH YOUR LIFE

A COMFORTABLE RETIREMENT

A COMFORTABLE RETIREMENT FOR TOM & TILLY While a comfortable retirement might mean different things to different people, the popular benchmark is the one produced by the Association of Superannuation Funds of Australia (ASFA). The most recent ASFA figures (1)suggest that a couple will require an annual income of just short of $60,000 to enjoy a comfortable retirement lifestyle. ASFA goes [...]

By | 2018-02-13T13:59:24+00:00 May 13th, 2016|Retirement, Retirement and Estate Planning|Comments Off on A COMFORTABLE RETIREMENT

IS SUPERANNUATION A FLAWED RETIREMENT STRATEGY?

The frenzy and speculation that occurs sometimes in the media on the topics of superannuation, retirement, and age pensions is nothing unusual. Over the years there has been a constant parade of legislation, which has been introduced and passed, all in the spirit of refining the ‘Three Pillar Retirement System’. If you are extremely desperate and have a couple of hours, [...]

By | 2018-02-13T14:05:39+00:00 May 9th, 2016|Retirement and Estate Planning, Superannuation and SMSF|Comments Off on IS SUPERANNUATION A FLAWED RETIREMENT STRATEGY?

DO YOU HAVE A VALID WILL?

Have you given any thought to what will happen to your assets when you pass away? Recent statistics have shown that approximately 45%* of us do not have a valid will. Most people don’t know that if you die without one, the government in the state in which you live will determine [...]

By | 2018-02-13T15:59:08+00:00 April 4th, 2016|Retirement and Estate Planning|Comments Off on DO YOU HAVE A VALID WILL?

SAVING YOUR AGE PENSION – ONE GIFT AT A TIME

Our media is full of discussion around changes to the age pension assets test that will come into effect from 1 January 2017. However, some of the strategies being promoted, with the aim of enabling affected Australians to keep their pensions intact, are scary to say the least. For some, the idea of giving away money or assets to children, [...]

By | 2018-02-13T16:30:06+00:00 December 9th, 2015|Retirement, Retirement and Estate Planning|Comments Off on SAVING YOUR AGE PENSION – ONE GIFT AT A TIME

TEN RETIREMENT COMMANDMENTS

With 40 years' experience working in financial services, I have learnt a thing or two about retirement in my time. These are the 10 commandments that I will use to guide my life into retirement. Are they same as yours? 1. PREPARE - financially and emotionally, what do you want to do in retirement [...]

By | 2018-02-13T17:03:35+00:00 December 7th, 2015|Retirement, Retirement and Estate Planning|Comments Off on TEN RETIREMENT COMMANDMENTS

AGE PENSION MOVEMENT

For a person in receipt of a part rate Age Pension – as a result of their assets and their income being above the applicable thresholds – understanding the pension they are being paid and working out whether it is correct can sometimes be a hit and miss process. The asset and income thresholds which affect your [...]

By | 2018-02-13T16:34:19+00:00 November 19th, 2015|Pension, Retirement, Retirement and Estate Planning|Comments Off on AGE PENSION MOVEMENT

GETTING AHEAD IN YOUR 50s

Life in your 50s is great. You don’t have a huge mortgage, the kids have grown up and are not as dependant on you, your career has progressed… So what’s next financially? When you are in your 50s you can see retirement on the horizon. Sure it might be 10-20 years off, [...]

By | 2018-02-13T16:51:45+00:00 November 13th, 2015|Retirement and Estate Planning|Comments Off on GETTING AHEAD IN YOUR 50s

LIVING THE DREAM

WILL YOU BE ABLE TO LIVE THE DREAM? We all have ideas about how our dream retirement would look. Many of us would like to travel, pursue hobbies, treat our grandchildren and live a comfortable lifestyle. But how big does our nest egg need to be to afford all of this? The ‘ageing’ of Australia’s population will put immense pressure on the [...]

By | 2018-02-13T17:08:19+00:00 November 6th, 2015|Retirement, Retirement and Estate Planning|Comments Off on LIVING THE DREAM