Six essential things to consider before downsizing your home

Six essential things to consider before downsizing your home

If you are considering downsizing your home, it’s likely you are getting close to retirement or are already retired.

This is a smart strategy to explore and could well be the best decision, but it isn’t always and as with every financial decision, should be planned. Property decisions in particular should be planned as it is very expensive to buy and sell.

To help with the decision we’ve outlined the 6 essential considerations of downsizing.

What impact does the death of a parent have on children

What impact does the death of a parent have on children

One of the most rewarding things about being a financial adviser is seeing the positive impact an insurance policy can have on a family’s life.

That’s why I was particularly interested in the findings from a recent study that explored the impact the death of a parent has on children and the surviving parent, comparing the results between insured and uninsured households.

Borrowing to buy property in an SMSF? Find out the common mistakes people make

Borrowing to buy property in an SMSF? Find out the common mistakes people make

While borrowing to buy property in an SMSF can make complete sense, there are mistakes trustees often make that are important to be aware of. This article explains several of those common mistakes.

Want to know why borrowing in your super to buy property can make complete sense?

Want to know why borrowing in your super to buy property can make complete sense?

Want to know why borrowing in your super to buy property, can make complete sense? This article explores 5 reasons why doing so could 'supercharge' your retirement savings.

7 reasons why holiday homes usually do not make good investment properties

7 reasons why holiday homes usually do not make good investment properties

It's often while we're on holiday that the thought of owning a holiday home starts to seem like a good idea. This article explores 7 reasons why you might want to re-think the idea, or at least will allow you to make the purchase with a solid understanding of how you'll manage the potential pitfalls.

When it comes to Investment Property - one or two will normally do

When it comes to Investment Property - one or two will normally do

Often owning just one or two good quality properties long term can produce better outcomes than chasing short term gains by 'flipping' properties. Yield Financial Planning Managing Director James McFall looks at why holding good quality property for the long term could prove a better wealth creation strategy for your future.

8 tips to recover financially from divorce or breakdown of a de-facto relationship

8 tips to recover financially from divorce or breakdown of a de-facto relationship

The breakdown of a relationship can have dramatic effects on the financial position of those involved. This article, written by Yield Financial Planning's Managing Director James McFall, provides tips on how to financially recover from separation.

Helping our kids of all ages be more financially savvy

Helping our kids of all ages be more financially savvy

You want your children to have the best future possible. And that means teaching them good savings habits that will pay off when they’re older. As you get older and you start thinking about your own retirement, you often wish you had started planning earlier. So it’s only natural to want to help your own children get ahead...

Market Watch - A Trump Presidency

Market Watch - A Trump Presidency

Donald Trump’s victory in the US Presidential election has sent shock waves across the world. Even many Republicans have been surprised by the party’s unexpectedly strong performance, which is likely to see it keep a majority in both the Senate and House of Representatives, as well as winning the Presidency.

Age Pension changes to affect most retirees

Age Pension changes to affect most retirees

Around 76% of retirees in Australia rely on Age Pension currently and the rules are about to change. For the worse!

With the Government running up budget deficits, a wave of baby boomers about to retire — at the rate of almost 5,000 per week — and the fact our life expectancy is predicted to get longer, this is hardly surprising. But the impact on retirees is going to be significant. 

Investing for Yield

Investing for Yield

Investing for Yield means you are seeking income from your investment strategy.

There are several reasons why this may be a great strategy, but fundamentally it always needs to tie back to your specific investment objectives. For example, it is typical for retirees to invest for yield given they need their investments to provide income to meet their living needs.

Planning the ownership of your last home before retirement

Planning the ownership of your last home before retirement

Home ownership has been a much-debated topic recently through numerous media outlets.

Although the broader debate is about how hard it is for Gen Ys and Millennials to be able to buy their first home, through this article I’d like to highlight the importance of owning your own home outright before entering into retirement. I was recently interviewed by The New Daily to provide some tips for pre-retirees and retirees to consider for the ownership of their last home.

How to build value in your business

How to build value in your business

You may find it interesting that around two-thirds of business owners do not know the value of their business. It’s fascinating that many business owners will know the value of their home, but not the value of their business, which may well be their most valuable asset. And then if you don’t know what your business is worth its going to be hard to know how to increase its value!