After accumulating superannuation savings over multiple decades, many retirees are fearful of spending too much. When it comes to life in retirement, many Australians are probably being more frugal than they need to be. And that’s largely built around a fear of running out of their retirement...
The Federal Government has flagged it expects the gender gap in superannuation balances to persist well into the future. The Federal Government’s just-released 296-page Intergenerational Report 2023 provides a detailed analysis of the factors expected to shape the Australian economy and fiscal position over the next 40...
As our superannuation balances grow larger, it makes more sense than ever to keep track of the many rules changes that have recently happened or are coming up soon. So, check out these latest changes in case they affect you. Super bonus for workers For employees, the new...
Preparing for loss of capacity or death is vital for SMSF members. It's important to ensure your trust deed is watertight. There are more than 600,000 self-managed superannuation funds (SMSFs) in Australia, managing close to $900 billion of assets on behalf of over a million Australians. Each...
With more Australians starting a SMSF, we look at the reasons for doing so and some of the key challenges. A desire to have more control over investments is the key driver for almost 70% of the people who have established a self-managed super fund, according...
Are you retirement ready? Our inaugural How Australia Retires study has uncovered some common themes that make Australians highly confident about their retirement. How confident are you about your future retirement? Do you think you’ll have enough money to achieve the retirement lifestyle you imagine? And, importantly, what steps are...
Working out how much you need to save for retirement is a question that keeps many pre-retirees awake at night. Recent market volatility and fluctuating superannuation balances have only added to the uncertainty.So it’s timely that new research shows you may need less than you...
The age pension is a major source of income for the majority of Australian retirees. A bonus is that eligibility for a part pension gives them access to most of the pension’s fringe benefits, including the prized Pensioner Concession Card, even if their age pension...
Before you retire If you're planning to retire, you need to consider: your age including if you have reached your preservation age when you can access your super how much tax you will pay on amounts you receive if good leaver conditions apply if you are part of an Employee Share...
A growing number of Australians are downsizing their home to fund their retirement. Here's the latest data from the ATO on use of the downsizer measure. Vanguard’s recently released How Australia Retires study found that Australians with the highest confidence about their future retirement tend to take the...
He is also an accomplished presenter and educator
Co-authoring the popular investment book, Property vs Shares.