Blog: Retirees

Blog: Retirees

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.

RISK-y business

25 September 2018 - posted in Investment Markets and Pre-Retirees and Retirees by Will Chapman

There's lots of financial jargon to translate for clients but one of my favourites is "Risk"

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.

Disruptive service is better

10 September 2018 - posted in Pre-Retirees and Retirees by Will Chapman

I attended a presentation earlier this year on "Disruptors" basically highlighting what the internet had done to the global travel industry over the past 20 years.

Look behind the numbers

3 September 2018 - posted in Investment Markets and Pre-Retirees and Retirees by John Oliver

It is that time of year again when the annual performance comparisons of super funds are displayed in various media publications. Assessing the performance of super funds can be a difficult exercise for many investors particularly if they take too much notice of the media.

Super apathy: a default feeling

30 August 2018 - posted in Pre-Retirees and Retirees by Will Chapman

The rules for employer nominated super funds, or default super, enable an employer to simply nominate where their employees' super goes and it's become a political hot potato.

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.

Centrelink is changing….again!

21 August 2018 - posted in Government Benefits and Pre-Retirees and Retirees by Sam Martin

From 1 July 2018 Centrelink has removed the ‘intent to claim’ provisions.

Fees- what fees?

17 August 2018 - posted in Pre-Retirees and Retirees by Brenton Miegel

The Royal Commission into Misconduct in Superannuation, Banking and Financial Services Industry has in recent month offered up an array of issues that has sent the media into a frenzy and left many investors asking questions.

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.

Does your Will protect your Estate?

20 July 2018 - posted in Pre-Retirees and Retirees by Matthew Kelly

A Will is defined as a legal document that indicates how a person wants their finances, property and possessions to be distributed after their death. It can be easy to assume a Will is all that’s required to ensure your estate is divided up exactly as you want.

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.

Making Sense of End of Year Super Contributions

13 June 2018 - posted in Pre-Retirees and Retirees by Lachlan Harvey

Self-employed people have long had the ability to make contributions into super and claim a tax deduction.

A super car crash!

6 June 2018 - posted in Pre-Retirees and Retirees by Will Chapman

Did I miss the memo that measuring investment risk in super isn't important?

Tax deductible Super Contributions

23 May 2018 - posted in Pre-Retirees and Retirees by Craig Kirkwood

With the end of the financial year quickly approaching, now is the perfect time to review your superannuation contributions.

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!

The magic of an offset account

10 April 2018 - posted in Pre-Retirees and Retirees by Craig Kirkwood

An offset account is a great tool for both home and investment loan borrowers. Used correctly it can help repay your loan quicker, while retaining flexibility of your funds.

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.

A positive change for Centrelink

8 March 2018 - posted in Government Benefits and Pre-Retirees and Retirees by Brenton Miegel

Anyone who is on income support payments from Centrelink (Age Pension, NewStart Allowance, Disability Support Pension, Carer Payment/Allowance, etc) will know the frustrations that can occur when needing to update information to them.

What is home care?

27 February 2018 - posted in Aged Care and Government Benefits and Pre-Retirees and Retirees by Matthew Kelly

A Home Care Package provides Government funded services that can help you remain at home for longer, as well as providing choice and flexibility in the way that the care and support is provided.

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.

What does it mean to be “Tomorrow Ready”?

16 January 2018 - posted in Pre-Retirees and Retirees by Brenton Miegel

I’ll do it tomorrow, I’ll get to it tomorrow, it can wait until tomorrow….all sayings that most of us have been guilty of from time to time.

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.

De-stress your mortgage

13 December 2017 - posted in Insurance and Pre-Retirees and Retirees by Craig Kirkwood

“Don't sail out farther than you can row back.” This Danish saying is sound advice for anyone thinking of borrowing to buy a home, particularly now that interest rates are low and house prices are generally rising.

Why should I complete the Aged Care Assets and Income paperwork?

28 November 2017 - posted in Aged Care and Government Benefits and Pre-Retirees and Retirees by Matthew Kelly

Aged Care in Australia is not cheap. However, a lot of the cost is paid by the Government, and you only have to pay a portion.

Dealing with Centrelink is getting harder and harder

14 November 2017 - posted in Government Benefits and Pre-Retirees and Retirees by Will Chapman

I could fill a book the size of Tolstoy's War and Peace with all the stories of dreadful Centrelink experiences my clients have come to me with over the years. Except it may as well be written in Russian as it won't make any difference to their backlog...

When to teach your children about money

10 November 2017 - posted in Pre-Retirees and Retirees by Michelle Sanchez-McCallum

The other morning I had an amusing conversation with my four year old that went a little something like this;

The pro’s and con’s of downsizing

31 October 2017 - posted in Aged Care and Government Benefits and Pre-Retirees and Retirees by John Oliver

In retirement planning for you to achieve the goals you set, many factors need consideration.

How well do you know your parents finances?

25 October 2017 - posted in Aged Care and Government Benefits and Pre-Retirees and Retirees by Brenton Miegel

How would you cope if you suddenly had to take over the management of your parent’s finances? If your parent(s) were to fall ill or become incapacitated, someone has to take over the payment of bills, managing their money, and general well-being.

The basics of interest rates.

13 October 2017 - posted in Investment Markets and Pre-Retirees and Retirees by Sam Martin

Interest rates are very important for many Australians, and rightly so – after all, whether it's the returns on savings accounts or mortgage repayments, the rate of the day can have a significant impact on the household budget for millions of Australians. So what influences interest rates, and why are they changed?

The 10 Commandments to better wealth

18 September 2017 - posted in Pre-Retirees and Retirees by Brenton Miegel

I read an excellent article from Marcus Padley (Marcus Today) recently and thought I would share a paraphrased version of it. It offered 10 Commandments of equity investing for new investors:

How can I pay for my Aged Care Accommodation Costs?

13 September 2017 - posted in Aged Care and Pre-Retirees and Retirees by Matthew Kelly

Not everyone has to pay to enter residential aged care, but if you are like most people and have assets or income of some sort (whether that’s from investments, superannuation, or rent from your home), you will need to contribute toward the cost of your care.

The new (and more dangerous) Lay-by…

8 September 2017 - posted in Pre-Retirees and Retirees by Michelle Sanchez-McCallum

You’re a self-confessed shop-a-holic. You see that pair of Manolo Blahniks you’ve been obsessing about on the sale table. It’s fate. What else could it be?

Centrelink’s Granny Flat rules can help you.

1 September 2017 - posted in Aged Care and Government Benefits and Pre-Retirees and Retirees by John Oliver

A granny flat right is established when accommodation is provided in exchange for a payment or a transfer of assets. It is important that Centrelink has provisions for people to transfer assets or make payments to live with another person so that the transfer is not counted as a gift under the deprivation of asset rules.

More red tape for property buyers and sellers!

31 August 2017 - posted in Pre-Retirees and Retirees by Will Chapman

A little known technicality is making it harder to transact a property following some July 1, 2107 rule changes by the ATO for properties selling for more than $750,000.

Good news for Pension Concession Card holders!

23 August 2017 - posted in Government Benefits and Retirees by Sam Martin

People whose Age Pension ceased from 1 January 2017 due to changes to the assets test will be automatically reissued the Pensioner Concession Card (PCC).

It’s Financial Planning Week!

21 August 2017 - posted in Pre-Retirees and Retirees by Brenton Miegel

The Financial Planning Association actively promote Financial Planning Week annually – and it’s this week!

It’s a scam! How to identify, avoid and report financial scams

18 August 2017 - posted in Pre-Retirees and Retirees by Lachlan Harvey

On our regular 5AA radio talkback session this week, Sam Martin and I were sharing some alarming statistics about scams.

Choosing your Charity

14 July 2017 - posted in Pre-Retirees and Retirees by Will Chapman

We speak with clients constantly about their philanthropic pursuits and in doing so hear about lots of different charities supporting incredibly diverse causes.

Funding Aged Care for a spouse

4 July 2017 - posted in Aged Care and Government Benefits and Pre-Retirees and Retirees by Matthew Kelly

There are 4 possible costs associated with a move into residential aged care, with 2 of those based on a person’s income and assets (refundable accommodation deposit (RAD) and means-tested care fee).

Artificial Intelligence: Will the Entire Population Retire by 2030?

29 June 2017 - posted in Pre-Retirees and Retirees by Michelle Sanchez-McCallum

I always encourage people to start retirement planning as early as possible, but this might be taking it a little too far.

Transition to Retirement – still a worthwhile strategy?

20 June 2017 - posted in Pre-Retirees and Retirees by John Oliver

The Transition to Retirement (TTR) strategy was introduced many years ago with a number of benefits in mind. It allowed people to be able to access their superannuation (via a TTR account-based pension) while still working, thereby generating additional income.

Are you more biased than the average?

9 June 2017 - posted in Pre-Retirees and Retirees by Lachlan Harvey

About 40 years ago the psychology research of Daniel Kahneman and Amos Tversky changed the world's understanding of the human mind forever. It also changed our understanding how people make investment decisions.

Changes to the Age Pension and Commonwealth Seniors Healthcare Card

8 June 2017 - posted in Government Benefits and Retirees by Sam Martin

Highlighted below are some important changes regarding both the Age Pension and Commonwealth Seniors Healthcare Card, effective 1 July 2017

6 Financial Planning Myths - Busted!

1 June 2017 - posted in Pre-Retirees and Retirees by Brenton Miegel

We live in an era where the internet offers us an ‘answer’ to nearly everything in life. Whether it be Dr Google, renovating a dining suite, MasterChef-worthy meals or craft; there is generally a You Tube clip or internet reference that we can go to.

The life of a farmer

25 May 2017 - posted in Pre-Retirees and Retirees by Will Chapman

Having heralded from a family of SA farmers going back generations, I've been lucky enough to enjoy the best of both worlds between the city and country.

Funding the cost of Residential Aged Care

12 May 2017 - posted in Aged Care and Government Benefits and Pre-Retirees and Retirees by Matthew Kelly

Placing a parent or loved one into an aged care facility can be a stressful and distressing time for a family. It is not a pleasant financial experience either!

Could you, Would you Downsize?

4 May 2017 - posted in Pre-Retirees and Retirees by Michelle Sanchez-McCallum

It feels like just yesterday we were taking in the many proposed changes to the superannuation system from the 2016 Federal Budget.

Reverse Mortgages – Good or Bad?

11 April 2017 - posted in Pre-Retirees and Retirees by John Oliver

Reverse Mortgages have become increasingly popular in recent years. But are they an appropriate strategy for retirees?

Five things nobody tells you about retirement!

7 April 2017 - posted in Pre-Retirees and Retirees by Brenton Miegel

Most retirement conversations that I have with clients tend to focus on the financial aspects – understandable given my role as a financial planner.

Accessing super to buy a first home- is that REALLY the smartest option?

4 April 2017 - posted in Investment Markets and Pre-Retirees and Retirees by Sam Martin

Recently we have seen some organisations and politicians promoting the idea of first home buyers being able to dip into their superannuation to fund the purchase of a home.

One simple trick that could save thousands!

27 March 2017 - posted in Pre-Retirees and Retirees by Lachlan Harvey

If you have children and a super fund there is at least some possibility that you might leave some of that super money to your children when you die.

Super is changing, are you ready?

24 March 2017 - posted in Pre-Retirees and Retirees by Craig Kirkwood

Hot on the heels of the Centrelink reforms, a series of major new superannuation and pension rules will come into effect 1 July 2017. With only a few months left of this financial year, it is timely to consider what the changes could mean for you.

Understanding housing affordability

10 March 2017 - posted in Pre-Retirees and Retirees by Will Chapman

Since the Howard Government introduced the First Home Buyers Grant nearly 17 years ago, first home buyers (FHBs) have been dominating property headlines with the ever challenging housing affordability issue. As those FHBs back in 2000 are now on their second and third homes, this is not a new issue.

Australia’s Aged Care System - navigating the minefield

1 March 2017 - posted in Aged Care and Pre-Retirees and Retirees by Matthew Kelly

Quite often, the decision as to whether a loved one needs to access the Aged Care System in Australia is taken out of the hands of families.

Left vs Right Brain investing

23 February 2017 - posted in Investment Markets and Pre-Retirees and Retirees by Michelle Sanchez-McCallum

You may have heard the theory about the left vs right brain and how it affects our interests, the way we think, feel, make decisions and learn. But what about the way we invest?

Know your limits when it comes to super changes

15 February 2017 - posted in Pre-Retirees and Retirees by John Oliver

There are some big changes happening to the superannuation system on the 1st July this year and now that legislation has been passed we have a lot more clarity.

Should I transfer my assets before my death?

10 February 2017 - posted in Pre-Retirees and Retirees by Brenton Miegel

As a professional financial planner, I am always encouraging my clients to have well considered and professionally drawn up estate planning documents.

Additional 1 January 2017 CentreLink assessment changes for aged care recipients.

6 February 2017 - posted in Government Benefits and Retirees by Sam Martin

We are all aware of the recent 1 January 2017 asset test taper rate changes for CentreLink’s Age Pension recipients but there were additional changes affecting people entering aged care.

Contributing to Super? You’d better think about the timing.

19 January 2017 - posted in Pre-Retirees and Retirees by Will Chapman

In less than 6 months, a big window of financial opportunity will get smaller. From July 1, Superannuation non-concessional contributions cap will nearly halve from $180,000 to $100,000 per annum.

A man is not a financial plan!

1 December 2016 - posted in Insurance and Pre-Retirees and Retirees by Michelle Sanchez-McCallum

Did you know that 22% of married women outlive their husbands by more than 7 years?

The Gen Y dilemma

25 November 2016 - posted in Pre-Retirees and Retirees by John Oliver

Many people in their latter working years and nearing retirement still have their adult children living with them. I am in that position myself.

Super SA members to lose Salary Sacrifice benefits

18 November 2016 - posted in Pre-Retirees and Retirees by Lachlan Harvey

In July 2017 Super SA members are expected to lose a major benefit of being in that fund.

OBSERVATION: The US Election and the News headlines

11 November 2016 - posted in Investment Markets and Pre-Retirees and Retirees by Sam Martin

What a ride we have seen in the world markets over the recent US election. Every financial commentator was throwing their 2 cents worth in and then some.

The Chinese Traveller

28 October 2016 - posted in Pre-Retirees and Retirees by Will Chapman

Apparently only around 4% of the Chinese population have passports according to an Asian investment guru at Macquarie Bank. Compared to other western countries such as the US where the passports per population is more in the 30 -40% range.

Active vs Passive funds management

7 October 2016 - posted in Investment Markets and Pre-Retirees and Retirees by Sam Martin

I turn my computer on today and see another article debating the merits of using active fund managers when on the whole they struggle to beat their respective index.

The lowdown on Investment Bonds

5 October 2016 - posted in Pre-Retirees and Retirees by Craig Kirkwood

After 30 June 2017 it is likely that the concessional contribution cap (amounts put in to super before tax) will be reduced to $25,000, including Super SA members who previously benefited from an uncapped limit.

Some awkward Super changes have been scrapped

23 September 2016 - posted in Pre-Retirees and Retirees by Will Chapman

In our recent Retirement seminars, the conversation among attendees inevitably heads towards scandalous, successive governments wanting to stick their fingers in that fabulous pot of honey, our Super.

Don’t eat the cake mix!

15 September 2016 - posted in Pre-Retirees and Retirees by Lachlan Harvey

A Self Managed Super Fund trustee has been slapped with a $40,000 fine for using his SMSF as his personal ATM, making withdrawals from his preserved superannuation account.

By failing to prepare, you are preparing to fail…

12 September 2016 - posted in Insurance and Pre-Retirees and Retirees by Will Chapman

Succession planning is a topic that is often only considered once it's too late; by that I mean the business owner wants to get out suddenly, or worse, has passed away and the business is dragged through the probate process.

Superannuation - which fund is right for me?

26 August 2016 - posted in Pre-Retirees and Retirees by Brenton Miegel

Superannuation has become a very hot topic in recent times – particularly given some significant changes that are proposed from the May 2016 budget.

The Age Pension paradox

12 August 2016 - posted in Government Benefits and Investment Markets and Pre-Retirees and Retirees by Lachlan Harvey

The more you save, the better your lifestyle in retirement. …or at least that’s the conventional wisdom.

Let’s get producing….Seriously

29 July 2016 - posted in Pre-Retirees and Retirees by Will Chapman

I was recently at a serious fund manager briefing full of serious people addressing serious matters. It was all very serious. Until the serious presenter gave a less than serious overview about a more than serious issue, arguably even sinister.

Why rebalancing is important

19 July 2016 - posted in Investment Markets and Pre-Retirees and Retirees by John Oliver

It is commonly known that the biggest influence on your investment returns is your portfolio’s asset allocation. That is to say the proportion of shares, property and cash that make up your portfolio will determine its performance more than anything else.

When is the right time to get advice?

13 July 2016 - posted in Insurance and Pre-Retirees and Retirees by Brenton Miegel

I’m often asked “when is the right time for me to obtain financial advice?”. As a rule, my response is that it’s never too early and never too late to seek the advice of a professional financial adviser.

It’s official - The Robots Are Coming!

8 July 2016 - posted in Investment Markets and Pre-Retirees and Retirees by Lachlan Harvey

I keep reading that we are all at risk of losing our jobs through robots and automation.

A Will isn’t always the way….

1 July 2016 - posted in Pre-Retirees and Retirees by Craig Kirkwood

Everyone should have a Will, and it’s even more important if you have children, investments or you own a business. However, a Will is not the only consideration to ensure your wealth is passed correctly to your loved ones.

Eeny, meeny, miny, moe - we take the guess work out of Super funds

17 June 2016 - posted in Pre-Retirees and Retirees by Will Chapman

Since 1986, there has been an entertaining slinging match between the superannuation behemoths of Industry Super funds, Retail Funds and Employer funds as to which option is best at looking after our collective retirement benefits in what is Australia's greatest financial honeypot.

The Interest Rate dilemma

10 June 2016 - posted in Investment Markets and Pre-Retirees and Retirees by John Oliver

It is a difficult time for retirees at present with interest rates as low as they have ever been. With the cost of living rising every year, most are wondering how they can support their retirement capital if returns are less than what they need to drawdown. For the purpose of this article I have excluded any reference to additional age pension benefits.

Can you afford NOT to get financial advice?

3 June 2016 - posted in Pre-Retirees and Retirees by Brenton Miegel

If you’re looking to invest or plan for the long-term, whether or not you need financial advice will depend on a number of factors. These include: how complicated your finances and personal circumstances are, what investments you are looking for and your short and long-term goals.

Retrospective - what does it mean?

27 May 2016 - posted in Pre-Retirees and Retirees by Sam Martin

Since the May 2016 federal budget the word retrospective has come up quite a bit so I thought I would talk about retrospective changes in relation to superannuation, what it means and why it is treated with such contempt.

Investing in a low interest rate environment

20 May 2016 - posted in Investment Markets and Pre-Retirees and Retirees by Craig Kirkwood

At the beginning of this month the RBA cut the cash rate to 1.75% and slashed its forecast for inflation from 2-3% to 1-2%. Markets are now betting that interest rates will be cut again to 1.5% by October 2016.

The key to claiming Tax Deductions for Super Contributions

13 May 2016 - posted in Pre-Retirees and Retirees by Lachlan Harvey

Here’s a strategy that could save many people thousands of dollars but is often overlooked. You might be aware that self employed people can claim a tax deduction on their super contributions.

Frozen in Self Managed Super

6 May 2016 - posted in Pre-Retirees and Retirees by Will Chapman

Disney's Frozen song "Let it go" was never written with superannuation in mind but ironically can be applied to SMSF's with frozen funds.