Stay a Step Ahead!
Happy New Year!
It has been a great start for us here at Yield and we hope you are all rejuvenated and looking forward to the year ahead as we are.
To kick your year off positively, we’ve prepared a list of ‘7 simple tips for saving money in 2017’. A must read if you’ve overspent this Christmas.
In addition to this, some of you will remember us saying that Age Pension rules were changing and now it’s happened. As of January 1st 2017, changes were introduced that will have largely negative consequences for many Australian retirees that rely on it.
There are, however, strategies that those affected can consider to get some of their lost benefit back, and we’ve covered off on a list of these in our Age Pension article. If this story does not apply to you directly, you should do your family and friends a favour and share the insights we’ve outlined, as a reduction of Age Pension can have a serious impact on the quality and particularly sense of security in retirement.
Finally, with superannuation rules changing, we’ve outlined ‘how much you can contribute to super’. A question we are often asked and something that is valuable to know.
As always we welcome your questions or feedback and will look forward to seeing many of you throughout the year.
Have a wonderful day.
James and the team at Yield