Key takeaways: Determining how much annual income you’ll need to maintain your lifestyle in retirement is key You also want to evaluate how much you’re likely to have by the time you retire, if you continue with your current savings strategy If you find that you may...
You’ll have heard the old, almost grandmotherly adage that ‘every dollar counts’. But guess what – it’s true. Voluntary after tax super contributions (also called non-concessional contributions), refer to any payments you make to your...
Asset allocation is the biggest determinant of investment returns. Here’s why taking the time to get it right matters. Choosing investments on a whim based on current market conditions is unlikely to be a winning strategy in the long-run. What should come first,...
Key takeaways Investing in growth assets like shares and property can generate a passive income while building your wealth over time Keeping track of your expenses versus income can help identify possible savings to pay off debt Adding more to your super on a regular...
Key takeaways Understanding the different types of investments in super and how they work, can help you decide if your current investment approach is right for you A growth investment approach has the potential to provide you with higher returns, over the long term A...
A ‘transition to retirement’ (TTR) strategy lets you access some of your super and keep working. Setting this up can be complicated, so contact your super fund or financial adviser for advice. How transition to retirement works If you’ve reached your...
