Get ready for the first year of retirement Will you be a honeymooner, a go-getter or a relaxer? The first year of retirement is one of transition in which you will need to adjust to major changes that can bring big rewards. Some of the changes may include; preparing mentally for the shift to not working full-time, adjusting to not getting a regular salary, ensuring your money can last for about 30 years and keeping …
How (and why) to talk to your adult children about insurance Adult children living at home. It’s the premise for many a zany Hollywood comedy. Men in their ‘30s or ‘40s living with their mums, modern city families having to move to their parents’ country homes, houses packed to the rafters with multiple generations. Surprisingly, it’s the reality for a number of Australian families. Retirees looking forward to comfortable, leisurely lifestyles are suddenly saddled with …
Investing in your future What is superannuation? Superannuation, or ‘super’, is a way to save money for your future. It is important to understand how much super you’ll need, and how to best manage the money for your retirement…. Read More>>> Download the free PDF file
Working to restore your balance In our fast-paced world, the desire for a better work/life balance is a common goal. It affects everyone from young professionals working long hours to get ahead, dual income households juggling inflexible jobs and children, and older workers wanting more time to help care for grandchildren or ease into retirement. While some people want to increase their working hours, the more common reason for pursuing work/life balance is to …
Federal Budget – what could it hold? Speculating about the likely look and feel of the 2016 Federal budget is fast becoming a national pastime. That’s largely because significant tax reforms are on the cards, with changes that could impact key wealth assets like property and superannuation. Any reforms are expected to help to plug the revenue gap created by the winding down of the resource boom, which has seen corporate profits (and consequently tax …
Five super terms that should be on your radar Confused by industry jargon? We help you make sense of it all… We want to empower you to take control of your finances and own your tomorrow. But we know it’s not always easy. The language of finance can be complex and confusing. Here we explain superannuation terms in everyday language. Superannuation guarantee (SG) The payments your employer makes into your super. All Australian employers …
Jump retirement hurdles with a coach Retirement is a life event that many of us long for, dreaming of the day we don’t ‘have’ to work anymore and we can finally achieve the ‘financial freedom’ we have saved for. But it can also mean a period of adjustment as we settle into a new version of our life. This can sometimes bring with it feelings of anxiety, unsure of what we will actually ‘do’ or …
New year, new start – are you ready for retirement? If 2016 is the year you were thinking about retiring, Renata Singer – a writer, community activist and educator who recently released a book called Older and Bolder, Life after 60, actively encourages women in particular, to not give up work too soon. “If you’re feeling the pressure to retire, stay doing what you love and are good at for another ten years,” she insists. …
Insurance through my super Am I better off buying insurance through my super? What are the benefits of Insurance through my super? Get more for less It can be cost effective to buy insurance through super. That doesn’t mean you won’t find cheaper cover outside your super fund. But it’s likely you’ll be better off because tax benefits mean you could end up paying less overall and group buying power—which normally comes with insurance …
Living longer, living well A century ago few Australians lived long enough to enjoy a life after work.i These days, the average retiree can look forward to almost two decades of travelling, playing with the grandkids and generally enjoying life. In fact, a baby born today can expect to live to 91 if it is a boy and 93 if it is a girl. According to the latest government figures, the number of Australians aged …
