News & Resources
Account based pension versus annuity – which income stream is better?
At the end of March 2023, the total value of superannuation assets in Australia amounted to an incredible amount of $3.5trillion and it keeps increasing by 3.2% quarterly, which equals to $102bil 400mil.
Income required for a comfortable lifestyle in retirement
Income required for a comfortable lifestyle in retirementA year ago, I wrote an article “What income do I need in retirement” and many people read it, so obviously this is an important topic, and I am not surprised as we all need to know: 1. How much it would cost to...
Super changes from 1st July 2023
Super changes from 1st July 2023From 1st July 2023 there have been number of changes introduced to our superannuation system so today we will review some of them. Superannuation landscape is complex, and no part of your finance should be considered or planned in...
What really is “INDEPENDENT FINANCIAL ADVICE”?
What really is “INDEPENDENT FINANCIAL ADVICE”?In December 2017 the Royal Commission of Misconduct into the Banking, Superannuation and Financial Services Industry was established. It was concluded in February 2019. This changed the spectrum of financial planning...
How are shares assessed by Centrelink?
I have never discussed share investing, so I thought it is high time to start talking about share in more details. After all shares, and specifically Australian Shares are my personal favourite way of investing for long-term.
Superannuation, Retirement Pension and your age limits
Super funds advertise superannuation consolidation as a highly recommended strategy as you can save on ongoing fees. And sometimes it is correct, however often there are reasons why I would recommend more than one super account, and in most cases, this is for estate planning or tax reasons.
Low-income Health Care Card
Today we have one of the most requested topics – Low-income Health Care Card.
And please don’t be fooled by the name of “Low Income” it is not that low after all, so it is worth reading, understanding, and then planning correctly, to see if there is any way you can be eligible, especially if you or your partner have any health problems.
The end of the financial year and your retirement
The most obvious strategy at the end of the financial year is checking your concessional contributions made for the year. What does that mean?