If you’ve thought about how much money you need to save so you can retire comfortably, it might feel a little daunting. Maybe so much so, you’d rather not think about it at all. There are three simple rules anyone can follow that make saving for...
Australian superannuation funds have crawled back the losses experienced during the COVID market crash and now have “a good chance” of finishing the calendar year in positive territory, new research has revealed. Median growth fund is up 0.5 per cent for the month of October. Following growth in...
Recent research has revealed that more than half of retirees are projected to fall short of their desired retirement income level by more than 10 per cent, says Russell Investments.
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While the government has announced plans to increase governance over the performance of super funds, super members will still need to actively monitor the performance of their fund to avoid being stapled to an underperforming one, says a mid-tier firm.
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Older Australians face the dilemma of not being confident about their retirement outcomes but are among the wealthiest retirees in the world due to a large proportion of their wealth being tied up in the family home, new research has revealed. Only one in four Australians is very...
Ever wondered why some people accumulate more wealth than others, even when their incomes are on par? It probably stems from their personal values, writes Helen Baker. You and your best mate have so much in common: you’re the same age, earn similar incomes, live in...
Packing everything up and living out your golden years abroad is the ultimate retirement goal for many Australians. But retiring overseas isn’t just sipping mimosas on the beach and lazing in the sun, in fact it requires a whole lot of preparation. While organising finances and...
Most retirement ‘experts’ will tell you that you should be debt-free in retirement. Not only should your home be paid off, but you should have a decent superannuation balance, plus a and handy stash of emergency cash outside super. Unfortunately, as the saying goes, life’s what...
Renting isn’t often associated with retirement but it should be, because almost one in 10 Australians aged over 55 live in private rental accommodation. What many of those older renters may not be aware of, though, is that renting in a retirement community is a solution...
The Federal Government has updated superannuation laws to allow older Australians to contribute to their super for longer. Work test to apply from age 67 The government has increased the age up to which super contributions can be made without having to meet a work test from...
He is also an accomplished presenter and educator
Co-authoring the popular investment book, Property vs Shares.