Each week we ask a question to help you focus on an area of your finances that might need a closer look. This week: How can you automate your finances? You’ll have heard it many times: automate your finances to really get ahead. But what exactly does that mean, and why does it matter so… Read more »
We all want to retire richer, but are you doing anything to make that a reality? Here’s how to maximise your super, even if you haven’t got a lot of cash to spare. While it’s easy to be discouraged by superannuation and fear you will never have enough money saved to stop working, remember that… Read more »
At what point does a self-managed superannuation fund (SMSF) become viable against the big funds? It’s one of the age-old questions of superannuation: at what point is it viable from a cost and performance perspective to transition to a SMSF? In years past, a general rule of thumb was that you’d need to have $750k-$1… Read more »
Managing money in your 50s is all about enjoying everything you’ve worked for, while planning for what comes next. In your 50s, you’ll often experience significant shifts in your lifestyle, goals and values. While your career may remain important, as your life changes, you’ll likely be thinking about what’s next. You might be preparing for… Read more »
Right now, is it best to put extra money into your mortgage or super? To help you decide, here are four questions to ask yourself. At a certain point in life, many wonder what’s better: to pay off the home loan ASAP or top up your superannuation? If your emergency cash buffer looks okay and… Read more »
There’s not a person among us who wouldn’t fancy an extra $1 million when it’s time to retire. Even better, it’s actually pretty easy to find it. By Ben Ford Do you know how much money you’ll have to live on when you retire? Do you know how much you’ll need? Do you care? Newsflash: You absolutely… Read more »
Keep ignoring your superannuation and you’ll most likely lose out. Instead, put a decent super plan into place and really optimise your nest egg. UniSuper opened its doors to everyone in July this year. The fund has been exclusive to the higher education and research sector for over 40 years to great acclaim, and now… Read more »
If you think you’re ‘too young’ to think about retirement, think again. If you want to retire rich, start saving for it now. By Alex Brophy Retiring rich is easy, until you’re old. Then your wrinkly old hands are tied to whatever assets you’ve accumulated in your taught-skinned youth. This means you should be thinking… Read more »
Have you been thinking about sorting your life admin but don’t know where to start? You know, all those things you never get around to, but can make your life function so much smoother and less stressful? Like organising your tax, sorting important documents, understanding superannuation and the list goes on… Here’s what you can… Read more »
Super stapling is the new buzzword in superannuation circles (ooh, now there’s a circle we all want to be in). Here’s what the changes mean for you. Some changes to superannuation have come into effect this month that may affect the way your super is managed. Under the old ‘default’ superannuation system, if you started… Read more »
