You’ve spent decades working, so you don’t want to spend your retirement years scrimping for cash. How can you make sure that doesn’t happen? There’s a whole host of factors that will determine your lifestyle in retirement – savings, tax, investment strategy and more. It can be complex – but it doesn’t have to be….
As a new wave of investors enter the Australian share market, new trends begin to emerge. ASX recently published its annual investor study which this year surveyed over 5,000 investors on their investment preferences and priorities. The study provides a fascinating insight into the evolution of our investment markets and how investor behaviour is changing over time….
A joint account is a bank account that more than one person can access. It can make it easier to manage shared expenses, but also comes with the risk of sharing access to your money. A joint account can be any kind of bank account: savings, transaction or term deposit. The type you choose depends…
Until death do us part” …may not always be the case for some couples who tie the knot. While there were just under 50,000 divorces in Australia in 20181, over the long-term, it’s been found that many divorced people end up disadvantaged compared to their still-married counterparts.2 Divorce can be tough emotionally and financially. So,…
Superannuation fund members have experienced a rollercoaster ride this year as extreme volatility on financial markets has seen investment returns rise and fall, often quite acutely, on an ongoing basis. The sharp falls on markets in the first quarter of 2020 eroded the gains made by many super fund members over the preceding nine months,…
Life insurance can help protect you and your loved ones financially if something unexpected happens. What life insurance covers Different life insurance products are designed to protect you from different events that can occur: life cover — pays a lump sum when you die total and permanent disability (TPD) insurance — pays a lump sum to help…
To no one’s surprise, there has been renewed interest in government bonds in recent months, considered safe havens during troubled times. While no investment is completely risk-free, in comparison to other investment options likes shares and property, government bonds are regarded as one of the safer investment types in the market, second only to cash…
How much tax you pay on retirement income depends on your age and the type of income stream. For most people, an income stream from superannuation will be tax-free from age 60. How super income streams are taxed Types of super income streams Income from super can be an: account-based pension — a series of regular…
Should you worry if your super balance is fluctuating? Or is it a sign that you’ve got the right long-term, growth-oriented approach to your super…. The answer depends on whether your super choices are aligned to your needs. For many Australian super investors—and there are 16 million1 of us—COVID-19 may have caused your super balance to…
Depreciation is a key element of your investment property strategy. While depreciation tax breaks are higher on newer properties, they’re available for all types of investment properties. ‘The Successful Investor’s’ Michael Sloan explains how. How Do They Work? In our first story, we detailed the depreciation tax breaks you can claim on a new investment property….