Tag: Retirement Planning
Retirement Realities: Five Tips for Rebuilding a Super Future
Australians will need to rebuild their superannuation and retirement savings, after withdrawing more than $36 billion in early super release payments in 2020, according to Colonial First State’s Retirement Realities Series.
SMSFs and your retirement horizon
Self-Managed Super Fund (SMSF) trustees often ask themselves, “What is the right mix of investments for my SMSF?” It’s a very common question, and one that will need to consider individual preference and the time until retirement.
Understanding different types of retirement pensions
We explain the difference between three commonly used pensions, including the government’s Age Pension, a transition to retirement pension, and an account-based (or allocated) pension, so you’re across how they work and what might be right for you.
Downsizer Contributions for 65+
From 1 July 2018 older Australians (65 years or over) will be able to contribute proceeds from the sale of their home to their superannuation fund under “Contributing the proceeds of downsizing into superannuation’ measure that became law in December 2017.
6 tips for retiring earlier
Are you dreaming about an earlier retirement, but unsure how to go about it? According to the Australian Bureau of Statistics, 40 per cent of Aussie men and 35 per cent of Aussie women are planning to work past age 70 because they are worried about their ‘financial security’ in retirement.
Funding retirement income in a low interest rate environment
While a traditional bank deposit is generally regarded as one of the safest forms of investment, it also currently offers amongst the lowest returns. For those relying on bank deposits to fund their retirement income, the current record low interest rate environment offers little reward.
Ways to manage your debt leading up to and during your retirement
While most Aussies had planned to retire at age 65, the reality is that around a quarter of us are expecting to delay our retirement. The most recent Retirement and Retirement Intentions survey data released by ABS in 2015 found the number of people aged 45 and over who intend to retire later than age 65 is 23%, compared to only 8% of people surveyed in 2004-051.
Super reforms explained
If you are waiting for the superannuation reforms announced in the Budget to pass Parliament before working out what they mean to you, you might miss out on any opportunities available.
Boost Your Super in 3 easy steps
Want to see your super grow faster? Here’s how you can — by choosing what happens to compulsory contributions from your employer. Make the super payments from your employer go further by choosing an investment strategy that suits your stage of life and retirement goals.
Earn $164,000 without breaking a sweat!
Are you 55 or over? If you are, stop what you are doing and read this article!
For all those under 55, please forward this to your 55 and over gang and please make sure they read this article!
Don’t just read this article – act on it! It’s one of those rare opportunities in life where it is possible to earn some extra cash – with no catches!
Wind down your working days sooner
3 things to know about transition to retirement pensions.