Archive for the ‘Superannuation’ Category

If you think you’d never fall for a scam, read this…

By admin • September 18th, 2019

If you are aged over 50, male, highly educated, financially literate and manage your own super, beware. You’re at a higher risk of being the target (and victim) of organised investment fraud. This isn’t necessarily because your demographic is particularly gullible. Rather, it’s because you’re more likely to control higher levels of wealth, perhaps as […]

How much Income do you need in Retirement?

By admin • July 2nd, 2019

Many people will say that they are dreaming of retirement, but some are not taking the necessary action to make it a reality. In fact, there are not too many people who know the answer to a straightforward question: How much income do you need in retirement? Let’s take a look at what the Association […]

An illustration of the need to diversify

By admin • July 2nd, 2019

Schroders produces a wall poster each year that shows the relative performance of all asset classes from the past 20 years. It’s one of the most popular items we provide to clients because it serves as a stark reminder of the role diversification plays in portfolio construction. This year’s table is ever more striking, given […]

How much super should I have?

By admin • March 11th, 2019

How much super should I have? It’s all very well having retirement savings as a financial goal, but just how much should you plan to have in your super balance now, and when you retire? Above or below average? Assuming you’ve been in the workforce for a few months, years or even decades, your retirement […]

What’s your magic number?

By admin • March 11th, 2019

According to a recent survey *, Australians tend to underestimate the amount of money needed in our retirement years by as much as 20%. Survey respondents, including active Australian investors, revealed a disconnect between income amounts believed to be needed in retirement, versus their real cost of living. Pre-retiree Australians foresee their base line living expenses […]

When is a good time to retire?

By admin • February 25th, 2019

There has been much social and political debate since the federal government proposed pushing out the age at which Australians can access the age pension. Although most occupations don’t have a legislated retirement date, there is little doubt that our tax and social security systems do have a significant impact on when many of us […]

Downsize your home, upsize your super

By admin • December 4th, 2018

Over 65? Thinking of selling your home? From 1 July 2018 you may be able to contribute up to $300,000 ($600,000 for a couple) from the proceeds of the sale of your home to your superannuation fund. This incentive, known as the ‘downsizer contribution’, is part of a federal government program to improve housing affordability. […]

Early access to super

By admin • December 4th, 2018

We all know that our superannuation is there to provide for our financial needs in retirement. That means we can’t usually access our super until we reach preservation age and meet a condition of release. Preservation age is between 55 and 60, depending on date of birth. It is the age at which you can […]

The role of estate planning in super

By admin • August 31st, 2018

If you are thinking that a so called ‘Self-Managed’ superannuation fund (SMSF) might be suitable for you, one of the critical areas to address in the set-up phase is how your super account balance will be handled when you’re no longer here. We have outlined below some points that must be part of your estate […]

5 Step superannuation check

By admin • August 31st, 2018

Since you can’t access your superannuation until you reach a “Condition of release” which is for most people is retirement and that may be a long way off for some – it’s something many people tend to “set and forget”. However, to ensure you have a comfortable retirement, investing in superannuation is virtually essential. We […]

Next Page »