When planning for retirement there are some typical problems for most people: Don't know how long they have to work for Not sure what lifestyle they can afford to lead on an ongoing basis Stressed because the future in uncertain, they don't know, they're living week to week and panicked that they may have left … Continue reading Worried about Retirement? Here is How a Great Adviser Can Help
Bill Shorten has this morning announced Labor's Superannuation changes. The measures include: - Introduction of council of superannuation custodians to assess future changes - Changes are prospective not retrospective - Tax free of earnings in the fund remain up to $100,000 pa - future earnings above $100k from 1 July 2014 will be taxed at … Continue reading Shorten announces Superannuation Changes
There has been plenty of talk recently about what changes the government may or may not make to superannuation in the upcoming budget. Pressure is mounting on Labor to be seen as "fiscally responsible" and minimise the size of the deficit. Will there be an increase to contributions tax or earnings tax? Is is only … Continue reading Over 60’s to be Taxed on their Super?
I want to share one of the best pieces of advice I have ever been given. When it comes to your personal finances - think of yourself as a business. At least once a year, prepare a personal balance sheet - total up everything you own and everything you owe. Then look at what your … Continue reading Think of Yourself as a Business
My first post for the year focussed on the key steps you need to take to achieve your goals. I said I would use one of my big goals for this year to illustrate how the process works. This year I'm going to ride 6,000km on my road and mountain bikes. Indoors doesn't count. It's … Continue reading One of My Big Goals for 2013
Welcome to the start of a new year - I can tell you I'm looking forward to making 2013 my best year yet! A new year is the time for new year's resolutions and plans. According to the Journal of Clinical Psychology these are the Top 10 New Year’s resolutions: Lose weight Get organized Spend less, save more … Continue reading 5 Key Steps to Achieving Your Goals in 2013
Often you can't get through a commercial break on TV without seeing an ad for life insurance. As a basic no frills, low cost service there is no doubt direct insurers have a place. You need to know what it is you are buying though - exactly what is covered and what isn't. A lot … Continue reading Direct Life Insurance vs Personal Insurance Advice
Recently I was asked if all financial advisers do is give advice on shares. There is so much more a great adviser can do for you. To start with a Financial Plan that is regulary reviewed can provide you with a number of key outcomes. Here are 5 reasons to use a Financial Adviser/Mentor that don't mention … Continue reading 5 Reasons to use a Financial Adviser/Mentor