The Retirement Income Review (RIR) noted that many retirees leave large bequests and they would have enjoyed a higher standard of living in retirement if only they had spent some of their capital, not just the income from their investments. Planning cash flow in retirement is...
Government bonds are one of the safest assets that you can add to your investment portfolio, but there are other reasons why this asset class should be added to your portfolio. Consider the top reasons below. Safety and stabilityGovernment bonds, especially AGBs, are some of the safest...
Arguably the most successful investor of the modern age, Warren Buffett is still the chairman and CEO of Berkshire Hathaway at 90 years old, and currently has a net worth of over $100 billion, writes Robert Francis. While Buffett is famously frugal, eating at McDonald’s for...
Josh Frydenberg’s latest federal budget foresees a number of important changes to Australia’s superannuation system. While some of the big super changes included in the 2021 budget are specifically targeted at older Australians, other more general adjustments are likely to have a significant impact on the...
The 2021 Federal Budget was unveiled last night, and — as expected — is focused on creating jobs, rebuilding the economy through investment and guaranteeing essential services. Despite fairly significant spending, the deficit is still expected to fall from $161 billion in 2020/21 to $57...
Adopting good financial habits isn’t always as easy as it sounds. Otherwise, we’d all be doing it already. With the impact of COVID-19 still being felt, 42% of us now want to put money aside for unforeseen events in the futurei. Whether we’ve been affected or...
We check out the three largest contributors to household spending in Australia and where people would source additional cash if living expenses rose. If you worked a full-time job in Australia in 1975, the average amount you would’ve earned a year was about $7,600, whereas today,...
Six out of the top 10 categories relate to just two things. Can you guess what they are, and could you be cutting back? As a nation, Aussies aged 18 and over spent approximately $145 billion on lifestyle costs over a 12-month period, with the average...
Six out of ten Australians own investments outside of the family home and super. That’s good news. The only problem is that many people are still putting all their eggs in one, or just a few, baskets. The latest investor study by the Australian Securities Exchange...
Whether it’s finances or fitness, spending time on setting your goals can reap rewards. When it comes to the big things in life we all have our goals. Getting promoted at work. Educating the kids through school. Saving for a comfortable retirement. It’s important to aim high....
He is also an accomplished presenter and educator
Co-authoring the popular investment book, Property vs Shares.