Being self-employed certainly has its benefits, but there are also downsides. The immediate ones that come to mind are that you are responsible for everything and don’t always get to draw an income. However, there is also the long-term issue of [...]
You can increase your super balance without making additional contributions If you haven’t already, most of you will soon be receiving your annual super statements. Many people don’t look at them and in some cases they may not make a lot [...]
Retirement isn’t what it used to be. It lasts longer and we expect to do more. In the early years we spend more on travel and as we get older health care costs rise. On average, in 1970 you would have [...]
Recently I had a milestone birthday. If you are anything like me, milestone birthdays make you stop and think about the future. In my case, while it is still a while off, it made me stop and think about my retirement. [...]
Last week I wrote about some behavioural things you can do to help your children get on the right financial path from an early age. This week I am going to talk about investing and how starting early can set them [...]
What type of future do you want for your kids? Recently, my wife Fiona and I were chatting about this and interestingly we didn’t think about what jobs they would have or where they would live. Instead, the words that came up [...]
From 1 July 2019, there will be six changes to Superannuation and/or pensions that will impact millions of Australians. The first four are positive and should help people minimise fees and/or increase the amount of super they have. The last two [...]
One of the main questions I get asked is “am I in the right super fund?” My response is usually that the super fund you are in is less important than the investment option you have selected with your current super [...]
Superannuation is simply a way of investing your money to fund your retirement. Employers are required to contribute 9.5% of your salary to your super. The contributions made on your behalf will then be invested in the investment option you have [...]
