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?

Federal Budget Update – Middle Income Super Savers to Suffer

The aim was to get the budget back in the black at all cost and that was delivered. To do this some of the tax increases have been aimed squarely at higher income earners - namely: contributions tax increased from 15% to 30% for those earning over $300,000 reduced employment termination tax offset - possibly … Continue reading Federal Budget Update – Middle Income Super Savers to Suffer