2H2016

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!

Business Partnership Agreements

Business Partnership Agreements

A partnership agreement is like an employment agreement or pre-nup between the partners. It is a framework for how the partners agree to work together and is intended to provide confidence and clarity to all partners now and in the future, including agreement on business succession.

What is exit planning?

What is exit planning?

Have you started to ponder your retirement, picturing what life may look like after running a business? With a huge number of baby boomers reaching retirement age there is an increasing number of small to medium-sized enterprises considering future sale. It is more important than ever to start thinking about exit planning. But what does exit planning really mean — and where can you begin?

Is your insurance working for you?

Is your insurance working for you?

Recently a client of ours, Anand, came to us seeking an opinion on his existing insurance cover.

We detailed his cover to him and explained the strengths and weaknesses of it and to Anand’s surprise there were many variables we identified that were not in his favour.

A lot of people think that they are well protected because they have insurance through their super but not many people stop and think to understand whether their cover is sufficient, or let alone know how much they have!

Is Centrelink in your retirement plan? Get the benefits you deserve.

Is Centrelink in your retirement plan? Get the benefits you deserve.

Over the past 10 years the rules to Centrelink have changed considerably. They are set to change again in January 2017 (read our article 'Changes to the Age Pension rules — will you be affected?' on this change), however many people nearing retirement don’t understand how Centrelink may fit into their retirement plan.