Recently there has been commentary suggesting retirees will need $1 million in superannuation to retire comfortably. The Association of Superannuation Funds Australia (ASFA) state a couple will need $640,000 and singles $540,000 in their Super to retire comfortably.
Here’s a confronting question: what would you do if the main breadwinner in your household could no longer bring in an income? Do you have a Plan B? Most people don’t. That’s where insurance comes in.
If you want to repay your mortgage quickly and still have easy access to your additional repayments, an offset account may be worth using.
It’s a simple and familiar concept – how much you need to live on each year will depend on the sort of retirement lifestyle you want.
Seventy-seven percent of Australian pre-retirees who haven’t enlisted the help of financial professionals1 don’t feel prepared for retirement.
Today is the day to: stop, take stock and tackle your finances head on. Is it always tomorrow, next week, next month or next year that you’re going to get your finances in order? It’s important to get on track as soon as possible. Here are some important things to take into consideration.
This week one of our valued clients Con received $90,377 from MLC Insurance following a successful Total and Permanent Disability insurance claim.
Finances are not always straight forward. Depending upon your financial personality and your personal situation, your first whiff of your own cash most likely went one of two ways: you were either …
Your retirement years are a chance to relax, rejuvenate and focus on the people and activities that matter most to you. But retiring is also one of the most significant life changes you’ll ever make, and adjusting to life after work can be hard. Here are some tips for avoiding the retirement blues and enjoying […]
Colonial First State published some interesting statistics on the use of retirement income streams.