As investment market volatility continues, what does this mean for Australians’ retirement savings? The COVID-19 (coronavirus) crisis has caused uncertainty in many areas of life, not least on investment markets. Share prices have been fluctuating wildly as investors react to unfolding global events. From its high point...
As you approach retirement, it could be a good idea to consider giving your super a boost. If you’re looking at retiring in the near future, your savings will soon turn into an income stream. So the more you’ve saved, the better. Here are some ways...
Australians are becoming increasingly gloomy about their retirement prospects, with many believing that the flow-on impact of COVID-19 will mean they will have to work longer, new research has found. Forty-five per cent of Australians are either scared or do not feel financially confident about retiring,...
The government now expects around $42 billion to be removed from the super system as a result of the early release scheme, having revised up its initial estimates of $27 billion at the start of the scheme.
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Older Australians who are looking to have a fruitful retirement have been advised to carefully consider timing, with a bad year early on in retirement having the potential to wreak havoc on future returns. According to a webinar hosted by Montgomery Investments founder and chief investment...
According to Stanford Brown private wealth adviser Todd Stanford, the answer really depends on a few factors, and the answering of a few questions. Questions like: What is your net asset position now? Do you have the ability to save to add to your retirement capital?...
Australians are no longer confident of a comfortable retirement despite the impact of COVID-19 expected to be short-lived, new research finds. Survey results from State Street have found that 42 per cent of Australians are not optimistic about their retirement outcomes, a level similar to 2018 suggesting...
The Federal Government recently announced the mandatory minimum drawdown rates for retirees with account-based pensions would be temporarily halved in both the 2019-20 and 2020-21 financial years.
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The end of financial year on 30 June is a good time to take stock and get your finances in order. This is an end of financial year like no other. Being prepared, reviewing your super contributions and submitting your return on time are good policies every...
In 1946, psychiatrist, author and Holocaust survivor Viktor Frankl published the first edition of what would become the international bestseller, Man’s Search for Meaning, making the timeless observation: “In times of crisis, people reach for meaning. Meaning is strength”. Every crisis the world faces is unique in...
He is also an accomplished presenter and educator
Co-authoring the popular investment book, Property vs Shares.