Tag Archives: Planning for Retirement
Posted on 01. Jun, 2022 by admin.
After a lifetime of hard work, it’s important you maximise your entitlements in retirement. So you need to structure your finances carefully to make sure you don’t lose your age pension. After all, you’ve earned it. Here are some common traps to be aware of. Helping loved ones out… It’s only natural to want to […]
Posted on 01. Apr, 2022 by admin.
Australian retirees generally need a certain budget each year to live a modest or comfortable lifestyle, and industry figures recently revealed the highest annual increase in those budgets since 2010i. The Association of Superannuation Funds of Australia (ASFA) put that increase, in part, down to a range of unavoidable price hikes on things such as […]
Posted on 01. Aug, 2021 by admin.
Whether downsizing your home, relocating to a new city, modifying your existing property, or entering an independent or assisted living arrangement is on the cards, thinking ahead could create more certainty. When thinking about your retirement, financial and non-financial considerations will all play a part. Downsizing your home, relocating or both For many Aussies, retirement […]
Posted on 01. Jul, 2021 by admin.
Generally, you can, but there may be other things to consider. When you access your super at retirement, depending on your age and personal circumstances, your super fund may ask you to sign a declaration stating you intend to never return to work again. However, there could be compelling reasons as to why you might […]
Posted on 01. Jun, 2021 by admin.
The lead up to 30 June can be a good time to maximise tax benefits that may be available to you inside super. If you’re keen on taking advantage of potential tax benefits available inside super, or are looking at ways to rebuild your retirement savings (for instance, you may have made a withdrawal as […]
Posted on 01. Mar, 2021 by admin.
Aussie parents have coughed up more than $26 million to help their adult kids since COVID-19 hit our shores – and one in five is at financial risk from doing so. Parents helping their adult kids financially isn’t an unfamiliar concept in this country, but figures reveal mums and dads have forked out approximately $26.8 […]
Posted on 01. Dec, 2020 by admin.
As your working life draws to a close, your social life and recreational activities don’t have to. If you’re anxious about money still owing, here are some helpful hints. Ahh retirement! You may have been dreaming about it for decades. You see yourself hanging up the work boots, putting away the laptop, swinging in a […]
Posted on 01. Apr, 2020 by admin.
Women starting a family benefit most from the government’s low-income super contribution. Women are the biggest recipientsi of the low-income super tax offset (LISTO). The number of females eligible for the tax break increases significantly around the time they start having children. How low income super tax offset (LISTO) works LISTO is a government superannuation payment […]
Posted on 09. Jul, 2019 by admin.
The wave of older Australians will continue to grow over the coming decades. As such, we can no longer afford to ignore the issues around aged care with over 1 million retirees already accessing aged care services in Australia. Planning ahead can help to demystify aged care and reduce stress levels. With awareness and pre-planning, […]
Posted on 01. Mar, 2019 by admin.
Many younger Australians are joining the Financial Independence, Retire Early (FIRE) movement. Is it right for you? When you’re starting out in the workforce and building your career, retirement can seem like a long way away. And with the age at which you can access your super and age pension creeping up—not to mention the […]