When is a Balanced Fund not a Balanced Fund?

  There has been discussion recently on the difficulty of comparing apples with apples when it comes to Balanced super funds. Chris Brycki - Founder and CEO of Stockspot has a 2 parter titled "How super funds play the ratings game" And Marshall Brentnall - Financial Adviser at Evalesco posted a terrific thread on Twitter … Continue reading When is a Balanced Fund not a Balanced Fund?

Are you Serious? Why $1m in Super May Not be Enough

It may sound crazy but $1 million in super may not be enough for a comfortable retirement. Deloitte have just released their latest report on superannuation in Australia. They highlight some big issues that will affect just about every Australian: A 30 year old on a salary of $60,000 is projected to have approx. $1.1m … Continue reading Are you Serious? Why $1m in Super May Not be Enough

Worried about Retirement? Here is How a Great Adviser Can Help

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

What Do (mature) Women Want?

Now I'm not going to pretend I know the answer to that question! Tomorrow is International Women's Day 2013 so there is plenty of discussion around bridging the gender gap. Sageco who specialise in career transitions have identified what they believe mature women want: Identity: Mature women want to be valued and recognised for their work and non-work roles. … Continue reading What Do (mature) Women Want?

Is Social Media more Important than your Financial Future?

According to marketing firm ExactTarget, online Australians Spend 3.6 hours per day on social media. But how long do they spend thinking about what their retirement might hold? Nowhere near as long if the latest Superannuation Sentiment Index Study from Mercer is anything to go by. I am particularly concerned with the finding that "two … Continue reading Is Social Media more Important than your Financial Future?

What is a Comfortable Retirement?

I have previously discussed what sort of retirement income is considered "modest" and "comfortable". You can find it here. The Association of Superannuation Funds Australia (ASFA) has just released their latest ASFA Retirement Standard for the June quarter. Related articles What Type of Retirement Will You Have? (davidjrae.com) How Much Money Do I Need in Retirement? (davidjrae.com)

What Type of Retirement Will You Have?

Despite the Government recently passing legislation to increase the superannuation guarantee from 9% to 12% by 2019, many Australians are still likely to have inadequate savings when they reach retirement. While the increase in the superannuation guarantee will certainly help address the issue of superannuation adequacy, it will be of most benefit to those people … Continue reading What Type of Retirement Will You Have?

How Much Money Do I Need in Retirement?

This is one of the most common questions I get asked. There is no definitive answer – everyone is different. Some people are used to living on very little while others have a lavish lifestyle to fund. Once you are no longer working would you prefer to have a set income that increases with inflation … Continue reading How Much Money Do I Need in Retirement?