How to create visibility on spending goals in retirement

How to create visibility on spending goals in retirement Retirees looking to develop a sustainable financial plan face a challenging technical problem. So it makes sense to simplify some of the inputs. Those of us who focus on the production of investment returns for retirees’ financial assets often choose to make simple assumptions about consumption patterns in retirement. However a more detailed understanding of priorities for spending in retirement can inform the design of appropriate …

Government pulls back on proposed changes to super

Government pulls back on proposed changes to super The government has announced changes to three key 2016 Federal Budget proposals—the most significant being that it would not go forward with its proposal to introduce a $500,000 lifetime cap on non-concessional (after-tax) super contributions. In a nutshell the new proposals include: From 1 July 2017, the existing annual cap of $180,000 on after-tax super contributions will be reduced to an annual cap of $100,000. The proposed …

5 ways to simplify your life

5 ways to simplify your life If managing life’s everyday complexities only seem achievable when you’re daydreaming about the chef, cleaner, personal assistant or nanny that you don’t have, you’re probably not alone. And, if ‘turbulent’ is the way you’d describe your day-to-day routine, these tips may help you get back the hours you need for the things that matter most. 1. Organisation – the Holy Grail Planning yours or the family’s life can take …