Protecting retirement savings from inflation
Protecting retirement savings from inflation Explore the strategies that can help in protecting the value of your retirement savings, now and into the future When entering the retirement phase of life, there’s a shift from primarily employment income to income derived from our retirement savings and potential social security entitlements. With this shift comes the […]
A letter from your future self
A letter from your future self Our future self is the beneficiary or unfortunate inheritor of all our major decisions and daily choices. For some of us, it can be difficult to get ahead financially and stay the course to realising our future financial goals and objectives. Importantly, this struggle can sometimes be due to […]
Death Benefits from Superannuation
Death Benefits from Superannuation If you were to die, the money you have in super may not necessarily be distributed to your intended beneficiaries. Superannuation is not an estate asset and upon death of the member does not automatically flow to the estate of the deceased. However, superannuation funds will allow you to nominate a […]
Unpredictable income affecting your super balance? You can catch up
Unpredictable income affecting your super balance? You can catch up If you work casual, take time out of work, or have ‘lumpy’ income, Carry-forward (catch-up) concessional contributions can help keep your super on track By Christoper Wilsmore If you work casual or part-time, take time out of work, or are a small business owner you […]
Do you have a plan B for the unexpected in 2022?
Do you have a plan B for the unexpected in 2022? Establishing an appropriate personal insurance plan can be a key consideration for wealth accumulation and risk management strategies. Written by: Christopher Wilsmore Establishing an appropriate personal insurance plan can be a key consideration for wealth accumulation and related health (and financial) risk management strategies. […]
New Year’s resolutions for your finances
New Year’s resolutions for your finances As we start the year, now is a good time to pause and reflect and make new resolutions for the year ahead Christopher Wilsmore As we start the year, now can be a good time to pause and reflect and make new resolutions for the year ahead—especially when […]
Financial needs and wants in (hopefully soon) a post-COVID-19 world
Financial needs and wants in (hopefully soon) a post-COVID-19 world While the COVID-19 pandemic is foremost a public health issue, other significant issues have also emerged By Christopher Wilsmore While the COVID-19 pandemic is first and foremost a public health issue, other clear and significant issues have also emerged over time for many of us, […]
Are you a high-income earner? Thinking of contributing to super?
Are you a High-income earner? Thinking of contributing to super? Read this Division 293 tax is an additional 15% tax on concessional contributions. Christopher Wilsmore When looking at super contributions, a concessional contribution refers to a contribution that can be claimed as a tax deduction by the contributor. This can encompass mandatory (including Super Guarantee) […]
Get your house and assets in order for a better retirement
Getting your house in order for a better retirement Will you be asset rich, but income poor during retirement’? Here are some tactics to consider Christopher Wilsmore The Age Pension remains a vital source of income for many older Australians in retirement—ensuring we can meet a minimum standard of living in our retirement years. Though, […]
Thinking of getting a home loan? A recent change may impact you
Thinking of getting a home loan? A recent change may impact you APRA recently announced new loan serviceability assessment expectations Christopher Wilsmore APRA (The Australian Prudential Regulation Authority) is an independent statutory authority that supervises institutions across banking, insurance and super, and promotes financial system stability in Australia. On 6 October 2021, APRA advised that […]