Considering retirement and starting to plan the rest of your life, there are some important decisions you need to make. When you see a financial adviser, you might be surprised to find they’re not always financial. These are some questions you might need to consider to prepare for retirement.
Shane Oliver, Head of Investment Strategy and Chief Economist at AMP has written an article that looks at five great charts on investing. The key points are as follows:
- At its core, successful investing is simple, but we have a knack of making it look complex.
- These five great charts help illuminate key aspects of investing: the power of compound interest; the investment cycle; the roller coaster of investor emotion; the wall of worry; and time is on your side when investing.
June 30 is fast approaching but there’s still time to consider the strategies available to you to build your wealth. Below are simple tips that could help maximise what you’ve got this financial year.
In the past personal finance wasn't largely taught by schools and money was somewhat a taboo subject to talk about. This is slowly changing, with an increase in programs being introduced across schools that aim to educate students with good money habits.
Practicing sound financial habits doesn't have to be difficult and this article explains 17 simple tips from financially successful people.
In November 2016, the Federal Government passed into law superannuation reforms that were first announced in the May 2016 Federal Budget. Importantly, these changes include reductions in the amount that can be contributed to superannuation
When —and how —should I retire? The answer to this question is never simple. We approach retirement armed with a lifetime of experience but at the same time we have no idea what to expect. Making the transition with confidence requires careful attention to many interconnected issues.
Life in your 50’s is great. You don’t have a huge mortgage, the kids have grown up and are not as dependant on you, your career has progressed… So what is next financially?When you are in your 50’s you can see retirement on the horizon. Sure it might be 10-20 years off, but it is becoming more tangible. So if you haven’t already, you need to start some serious planning.
We understand the importance of starting early with regards to developing good financial habits, the link below will take you to a blog on the Financial Planning Association of Australia (FPA) website. The article outlines practical tips to get ahead in your 20’s and 30’s.
Self managed super funds (SMSF's) are similar to other super funds as they are designed to help you build your super savings so you can have the lifestyle you want in retirement.