If you’re an Australian resident over 18 and earning more than $450 in a calendar month, you are probably contributing to superannuation. In a nutshell, super is a strictly regulated, tax effective way of putting money aside for your retirement. The government sets a minimum compulsory contribution amount, which your […]
Please contact us on 02 6621 8544 to speak to a financial adviser if you have concerns about the amount you are saving, or would like assistance in saving enough.
If I was 25 again I would……buy a pre loved car. As soon as you drive that shiny new car out of the showroom its value drops by thousands of dollars. You don’t notice it, but that’s real money down the drain. That’s why one of the great and often […]
Downsize your home, Upsize your super Over 65? Thinking of selling your home? From 1 July 2018 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’, […]
If I was 25 again I would…buy less stuff and pursue more experiences We all need to buy things, particularly in our 20s when setting ourselves up for life outside the family home. But the buzz that comes with buying stuff is often short-lived. Clothes go out of fashion. New […]
Beat the scammers at their own game We’ve all seen media reports about ordinary Australians losing their entire savings after responding to a phone, email or mail offer that was impossible to resist. While some people may be naïve, scammers are also getting smarter. Financial stings have become a serious […]
Super in your 60s. Its still not too late! For most Australians, their 60s is the decade that marks retirement. For some this means a graceful slide into a fulfilling life of leisure, enjoying the fruits of a lifetime of hard work. However, for many it means a substantial drop […]
End of year tax tips For more information or to speak to one of our Financial Advisers – please contact TNR Wealth Management on 02 6621 8544. Disclaimer Past performance is not a reliable indicator of future performance. The information and any advice in this publication does not take into […]
If I was 25 again I would……be wary of investment fads Today it’s crypto-currencies like Bitcoin. In 2000 it was technology shares. In 1987 it was shares in general, and way back in the seventeenth century investors were going nuts over tulip bulbs. When it comes to investment, fads occur […]
If I was 25 again I would… …pay extra off my mortgage! If I could find just $100 extra per month – less than the proverbial cup of coffee every day – and added this to my repayments on a $300,000 mortgage with an interest rate of 3.75% per annum […]