Posted in Retirement
3 financial considerations when preparing for a grey nomad lifestyle
Posted by Chris Collard
on 27 September 2016
Retirement, caravanning, sand between your toes, it all sounds pretty good, right? But how do your nomad travels financially stack up?
Has the thought of being a grey nomad got you excited? Retiring to travel Australia (or beyond) without a care in the world. Leaving behind the old house and lifestyle for a spot of caravanning. After all, you're never too old for an adventure.
Well before you sell up everything and kiss the kids and grandkids goodbye, there are few financial co...
Posted in:Successgrey nomadRetirementBuilding Wealth |
10 years to retirement checklist
Posted by Mark Attard
on 13 September 2016
A checklist for the unprepared.
We spoke to financial planner Stuart Skidmore from Saracens about preparing for retirement. Check out his seven key questions and considerations for everybody who has retirement on their mind.
By Stuart Skidmore
Understand that time is your enemy. 10 years equals 120 months. If you are paid monthly and have 10 years before retirement, you will be paid 120 more times so what are you going to do now to achieve what you would like t...
Posted in:Financial planningSuccessRetirementBuilding WealthReducing Debt |
Hard times loom for too many boomers
Posted by Chris Collard
on 30 August 2016
If you're born in the two decades to 1964, you'll want to read this.
Now that the last of the baby boomers have turned 50s, there's a push towards preparing for retirement. This means, there's no better time to understand and overcome the financial challenges so that you can enjoy the retirement of your dreams.
This article explains many of the hurdles today's baby boomers face, things like:
Not having saved enough money for retirement;
Having to wait for yo...
Not having saved enough money for retirement;
Having to wait for yo...
Posted in:Baby boomersFinancial planningRetirement |
Superannuation changes
Posted by Chris Collard
on 2 August 2016
Preparing for retirement? We ask superannuation expert Ben Hall for his top 5 proposed super updates that will affect you.
Now that the election is finally behind us, and the Liberal party has edged into government with a narrow majority, it's time to decipher what the federal budget really means for pre-retirees.
After all, the proposed superannuation changes are wide ranging and generally aimed at helping lower income earners, while cutting back some of the more generous conc...
Posted in:RetirementBuilding Wealth |
5 questions to ask yourself before setting up a SMSF
Posted by Mark Attard
on 2 August 2016
Find out if controlling your own superannuation investments is right for you.
First things first, what is a self-managed super fund (SMSF)?
Put simply, it's a superannuation fund that gives you control over making all of the investment decisions. That may mean more financial freedom, however it also makes you responsible for complying with the super and tax laws. So, you must know your stuff!
The Australian Taxation Office outlines: "An SMSF must be run for the sole pu...
Posted in:RetirementBuilding Wealth |