Blog: Lifestyle

Blog: Lifestyle

Should we sell Dad’s house when he goes into care?

15 November 2018 - posted in Aged Care and Lifestyle and Pre-Retirees and Retirees by Matthew Kelly

In almost all cases, when someone has to move into an aged care facility, they will be moving from their home – their principal place of residence.

A long wait for probate

19 October 2018 - posted in Lifestyle and Pre-Retirees and Retirees by Sam Martin

What is Probate and is it necessary when administrating an Estate?

Retirement income – what’s right for me?

12 October 2018 - posted in Government Benefits and Lifestyle and Pre-Retirees and Retirees by Brenton Miegel

One of the most common queries that I have from new retirees’ is “how will my retirement income be paid to me?”.

The lowdown on Income Layering

10 October 2018 - posted in Investment Markets and Lifestyle and Pre-Retirees and Retirees by Sam Martin

Leading up to the Global Financial Crisis, strong share market returns (2002-2007) and the loss of favourable Centrelink assessment (5O% assessable in 2004 and 100% assessable in 2007) resulted in annuities falling out of favour.

An Aged Care testimonial

9 October 2018 - posted in Aged Care and Lifestyle and Pre-Retirees and Retirees by Matthew Kelly

Making decisions about a loved one's transition into Aged Care can often be fraught with uncertainty and require information and assistance which is not always easily accessible. Recently we were able to help Greg* with the aged care needs of his grandmother for whom he is acting Power of Attorney. This is his story.

Don’t outlive your savings!

5 October 2018 - posted in Government Benefits and Lifestyle and Pre-Retirees and Retirees by Craig Kirkwood

With life expectancies in Australia continuing to rise, you need to make sure your retirement savings can last the distance.

Will I lose my Age Pension?

19 September 2018 - posted in Aged Care and Lifestyle and Retirees by Matthew Kelly

A big fear for many of older people who may be considering moving into aged care is losing their age pension.

When the honeymoon is over

17 September 2018 - posted in Lifestyle and Pre-Retirees and Retirees by Michelle Sanchez-McCallum

So much time, energy and money goes into planning a wedding.

Life Insurance - Our Claims Process

13 September 2018 - posted in Insurance and Lifestyle and Pre-Retirees and Retirees by Craig Kirkwood

When it comes to insurance, it pays to know how a claim is processed. It simply makes sense to know what you’re entitled to if and when it comes to claiming on the policy you have been paying premiums for.

Over age 65 and selling your home?

24 August 2018 - posted in Lifestyle and Pre-Retirees and Retirees by Lachlan Harvey

From 1 July 2018, if you are 65 years old or older and meet the eligibility requirements, you may be able to choose to make a downsizer contribution into your superannuation of up to $300,000 from the proceeds of selling your home. I will explain what it is, how it works and a strategy to save a ridiculous amount of tax.

Be prepared for higher rates!

7 August 2018 - posted in Investment Markets and Lifestyle and Pre-Retirees and Retirees by Craig Kirkwood

The Reserve Bank of Australia (RBA) last raised interest rates way back in November 2010. Given the length of time that has passed, this article discusses some of the different impacts on rising rates.

Travel Insurance - don’t leave home without it!

9 July 2018 - posted in Lifestyle and Pre-Retirees and Retirees by Michelle Sanchez-McCallum

A few weeks ago I received an anxious call from a client who needed to withdraw some money to pay off their credit card. They were left with a hefty hospital bill while they were travelling abroad. It reminded me of the time I landed myself in a foreign hospital.

Kids and the value of money

2 July 2018 - posted in Lifestyle and Pre-Retirees and Retirees by Will Chapman

Having worked in this financial services industry for around 18 years, I have maintained the same philosophy when it comes to saving: the first $10,000 will be the hardest to save.

Life after work

25 June 2018 - posted in Lifestyle and Pre-Retirees and Retirees by John Oliver

Do you give much thought about what your life may be like after you retire? Will it be complete retirement or will you still want to do a little part-time work?

Do you know the signs of Elder Abuse?

22 June 2018 - posted in Lifestyle and Pre-Retirees and Retirees by Brenton Miegel

It is concerning that we continue to hear about cases of financial abuse of our older Australians although I am certain that the vast majority of those reading this who care for an elderly parent/ relative or friend are well intentioned.

Life beyond the walls

22 May 2018 - posted in Lifestyle and Pre-Retirees and Retirees by Matthew Kelly

With all of the publicity surrounding the big players in the financial advice space, I thought it timely to share my experiences and observations from working for a large financial institution, and also being associated with another, prior to joining Goldsborough.

2018 Federal Budget Overview

14 May 2018 - posted in Government Benefits and Lifestyle and Pre-Retirees and Retirees by Brenton Miegel

On Tuesday 8 May 2018, the Treasurer, Scott Morrison, released the Government’s 2018-19 Budget.

Helping elderly parents with their finances

4 May 2018 - posted in Lifestyle and Pre-Retirees and Retirees by Matthew Kelly

If your parent(s) were to unfortunately become ill or incapacitated, would you be prepared if you suddenly had to take over the management their finances and affairs?

My thoughts on the Royal Commission

24 April 2018 - posted in Lifestyle and Pre-Retirees and Retirees by Will Chapman

It has likely been a challenging few weeks for the PR departments of the major banks with the Financial Services Royal Commission turning the spotlight onto the poor practices associated with the Financial Planning divisions of Australia's largest financial institutions.

Lorraine’s story

18 April 2018 - posted in Lifestyle and Pre-Retirees and Retirees by Michelle Sanchez-McCallum

Lorraine and Bruce had been happily married for 40 years- both were aged 61 when I first met them as clients and were childhood sweethearts.

If not now, when? If not you, who?

17 April 2018 - posted in Lifestyle and Pre-Retirees and Retirees by Will Chapman

If death and taxes are the two certainties in life, we love talking about taxes (especially how much we dislike them), but avoid discussing death. Unfortunately, death and estate planning are necessary conversations!

Holiday Homes and the ATO – an interesting combination!

6 April 2018 - posted in Lifestyle and Pre-Retirees and Retirees by Brenton Miegel

There’s been some media commentary recently about the ATO ‘cracking down’ on holiday home owners who wrongly claim tax deductions on properties that are used for their own personal holidays.

I need a holiday! (and the truth about Frequent Flyer schemes)

22 February 2018 - posted in Lifestyle and Pre-Retirees and Retirees by Michelle Sanchez-McCallum

You know that feeling you get when your alarm jolts you out of a deep sleep? It’s a combination of shock, denial and disbelief.

Show me the money… in my bank account.

13 February 2018 - posted in Lifestyle and Pre-Retirees and Retirees by Will Chapman

It's been years in the making but real time bank transfers via the New Payments Platform (NPP) between Australian financial institutions is gradually being rolled out this year.

When is the right time to clock-off?

7 February 2018 - posted in Lifestyle and Pre-Retirees and Retirees by John Oliver

The thought of retirement can be a daunting prospect. There are so many considerations and unknowns particularly around investment markets and how they will perform in the early years of retirement.

I want to ride my bicycle!

12 January 2018 - posted in Lifestyle and Pre-Retirees and Retirees by Sam Martin

It is hard not to notice the upcoming Tour Down Under (TDU) with all the lycra clad coffee drinkers hitting the road, so I thought it might be the ideal time for a cycling blog.

Are you Emotionally Prepared for Retirement?

4 January 2018 - posted in Lifestyle and Pre-Retirees and Retirees by Brenton Miegel

Throughout my career as a financial planner, I’ve met with hundreds of people heading toward retirement.