Treasurer Josh Frydenberg has given the clearest sign yet that the government may freeze the currently legislated superannuation boost, but declared fears of the pension being phased out are “unfounded”. In a speech made to the national press club on Friday, 26 February, Mr Frydenberg pointed...
Millennials are struggling to save for retirement as they face challenges that are different from other generations. What are these reasons? To the youngest working generation, retirement seems like a distant chapter in their lives. And it’s understandable, since the majority of the Millennial generation (individuals who were...
These are the ways retirees around the country have flicked the switch on budgets and routine during Covid-19. The past 12 months have been a big change for so many Australians, with only a lucky few avoiding upsets to their everyday habits, including their spending,...
Within a couple of months of your planned retirement date, the company who employs you decides to make you redundant and hand you a redundancy payout. The extra $40,000 to maybe $50,000 would certainly be a bonus, like a small lotto win. An ideal situation...
Have you considered what's on the agenda, such as how often you see yourself eating out and whether you want to travel domestically or afar? If you're in or approaching retirement, you may be prioritising things such as living costs, utility bills, health care and even...
For many people, the government’s COVID-19 (coronavirus) early release of super scheme has been a lifesaver, with the money accessed from retirement savings helping provide additional support at a time of economic uncertainty. In total, 1.81 million Australians have withdrawn $13.5 billion from super funds, at...
Finding the right level of insurance cover is important when you’re thinking about retirement. If retirement’s coming up on your horizon, the impact of COVID-19 (coronavirus) may have thrown a warehouse-sized rack of spanners in your planning. It makes sense to concentrate on things you can control,...
The cost of a comfortable retirement in Australia has gone up over the September quarter despite COVID-induced lifestyle changes, new research has revealed.
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If retirement was on your horizon in the next five years or so, the market downturn due to COVID-19 coronavirus might have prompted you to take a closer look at your superannuation and how it’s invested. Perhaps you’ve seen your balance drop and are now...
Finding the right level of insurance cover is important when you’re thinking about retirement. If retirement’s coming up on your horizon, the impact of COVID-19 (coronavirus) may have thrown a warehouse-sized rack of spanners in your planning. It makes sense to concentrate on things you can control,...
He is also an accomplished presenter and educator
Co-authoring the popular investment book, Property vs Shares.