Ever wondered what the real advantages are of working with a Financial Adviser? Quantifiably, we now have some real-life numbers around what an Advisers value is worth to a client. Please click on the article link below published by Professional Planner. Link: Adviser Value worth 5.9% in 2023: Professional Planner Report If you would like…
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Now that non-concessional contributions are not subject to the work test right up to 75, the opportunity to influence a member’s tax components has increased considerably. A strategy that has been with us forever is the withdrawal of unrestricted non-preserved monies from predominantly taxable components and their recontribution as non-concessional contributions. The benefit of a saving of 15%…
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Many business owners make the mistake of ignoring superannuation in preference for re-investing spare funds in their business, hoping they can then sell at a premium when it comes time to retire. At some magical time in the future, they dream they can ring a bell, sell their business for their asking price, bank a…
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When was you last Financial Review? The months seem to fly past in a blink of an eye and although it feels like we were celebrating Christmas just a few months ago, it’s looming on the horizon again – another year gone! Almost every year we see changes to our superannuation system, interest rates, the…
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Looking forward to an enjoyable retirement? You are not alone… Check out my top 10 tips to make sure you’re on track for the retirement you deserve. And it won’t be as difficult as you think! Tip 1: Take stock How do you want to live in retirement? Now do the numbers. How much will…
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The word ‘inflation’ doesn’t only dominate business news headlines, but finds its way into general news reports too. So, what is inflation and how does it affect you? In simple terms, inflation signifies a rise in the price of goods and services, meaning you pay for more for every purchase you make. Does the US…
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Over 65? Thinking of selling your home? You may be able to contribute up to $300,000 ($600,000 for a couple) from the proceeds of the sale of your home to your superannuation fund. This incentive, known as the ‘downsizer contribution’, is part of a federal government program to improve housing affordability. It offers a further…
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Resilience is the ability to quickly recover from setbacks, and while setbacks can come in many forms most of them will have a financial component. So what can you do to build financial resilience? Expect the unexpected Rarely do we get advance warning that something bad is about to happen to us, so the time…
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More than $3.5 trillion dollars in inherited funds are expected to change hands within Australia during the next 20 years, with Australians enjoying one of the highest inheritance payout rates anywhere in the world. According to investment bank HSBC’s Future of Retirement report, Australians pass on average $561,000 to their heirs, almost four times the…
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It is commonly assumed that seeking financial advice is for the wealthy, and it only helps the rich become richer, yet financial advice can prove useful to anyone who wishes to better their financial future. Financial advice is like getting a health check-up for your financial situation. Your financial adviser is like your personal trainer,…
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