The last two years have been tough for millions of Australians. But now that we are starting to find our way out of the dramatic lockdowns and life is somewhat returning to normal, what can you do to boost your finances?
Did you know that you can access some of your super before you actually retire? The Transition to Retirement (TtR) strategy is designed to provide you with the benefit of a partial pension payment that supplements a reduction in working hours.
Have you heard about FIRE? Documentaries, blogs and media coverage are helping to drive the movement and as we are still experiencing the financial disruptions of the global pandemic, it is becoming increasingly appealing to many Australians.
It might sound crazy… but money isn’t everything. Yes, it’s important to be financially secure, but for you to have a happy and healthy retirement there are many other factors that you need to consider.
Did you know that as of the end of the June 2021 quarter, the total balance of Australian superannuation assets totalled $3.3 trillion? Understanding the different types of super funds is the first step in making sure you select the most appropriate fund for your needs.
If you are planning to retire in the coming year, you might already be knee-deep in details and logistics… but we’ve put together a list of some of the best places to retire in Australia. If you are thinking about making a move, then here are some ideas of locations you could consider.
As you get closer to retirement, boosting your super balance is always at the top of the financial to-do list. If you happen to receive a financial windfall or sell a significant asset, applying the super contributions bring-forward rule could be a useful strategy.
If you are a business owner, it’s important that you are familiar with the Government’s small business capital gains tax (CGT) concessions. The concessions can offer significant financial benefits, depending on your personal situation and how long you’ve owned your business.
On 31 August the Australian Prudential Regulation Authority released results from their first MySuper Product Performance Test. We take a look at these results and Chris Crough, First Financial Principal, discusses why our clients are protected from this poor super fund performance.
We talk about the importance of superannuation a lot. It is a critical part of making sure you are financially prepared for retirement. But there is so much more to it than just saving for the future… there are a lot of benefits that you can access if you are with the right fund and structure your super effectively.
