You’ve worked hard to build your retirement nest egg and now the time has come or is approaching for you to begin the “decumulation phase” — taking withdrawals in retirement to live off your accumulated assets. This can be a very exciting time in...
It’s hard to see the good in COVID-19. One of the few upsides is that you may be able to claim some tax back for the expenses incurred from running your make-shift home office. With lockdowns forcing many more people to work from home, the ATO has introduced a new...
Australia’s thriving property market has recovered so swiftly since the brief pandemic-induced recession of 2020, that authorities have stepped in to pull the reigns on runaway real estate prices. Nationally, dwelling values are up 20.3% higher over the past 12...
If you’re nearing retirement, you may be able to reduce your work hours but retain the same income. Through a transition to retirement (TTR) pension you can choose to work less, or continue working the same hours while making your own contributions into super. In both...
When it comes to super, the accepted wisdom is that performance is the most important consideration. That means we often ignore another critical part of our superannuation. Most super funds include life insurance along with total and permanent disability (TPD)...
Australia’s aged care system is incredibly complex, and making the wrong decisions can have a high cost, both financially and emotionally. Being aware of the common traps to avoid can help your family save time, money and stress. Mistake 1: Making aged care...
