Help! I’m not ready to retire If you don’t feel prepared for retirement, you’re not alone. Retirement preparedness doesn’t just mean having enough money to leave work but includes emotional challenges like your sense of self and what your future might look like. Set yourself up for a rewarding retirement […]
How many bank accounts should you really have There’s no such thing as a perfect number of bank accounts that will suit everyone. But there are good reasons for avoiding the extremes of having only one account struggling to cover all your needs and goals, or on the other hand, having a […]
Blended families and money: How to protect assets fairly About one in 10 families in Australia is a blended or step family, according to census data, and this trend has increased in recent years. Blended families can work well, but it’s best to aim to avoid any potential problems with the division of money and other assets. These may occur […]
Financial red flags when entering a new relationship In the exhilarating early days of a new personal relationship, it can be easy to overlook warning signs that you and your prospective partner may be financially incompatible. This may lead to future stress and legal risk. It’s not a question of always being […]
Income protection insurance: Is it still worth the premiums? Income protection insurance is a financial tool that’s essential for some people, ‘nice to have’ for others, and possibly quite unnecessary for a third group. In other words, there’s no one-size-fits-all answer to whether the premium cost justifies the risk. It depends on your circumstances, […]
Passive income in Australia: What actually works (and what doesn’t) What’s the first thing that springs to mind when you hear the term ‘passive income’? It may be creating an e-book, a blog or a YouTube channel, engaging in affiliate marketing or selling stock photos, but in fact, none of these is entirely passive. They all require […]
Financial planning for digital nomads and remote workers Conventional employees can usually plan for their financial future knowing that certain fundamental parameters will not change: their regular income, their Australian tax residency, their banking arrangements, their superannuation contributions and their insurance needs. But for digital nomads and remote workers, the picture is completely […]
5 ways to boost your Super with contributions before EOFY Looking to give your superannuation a boost before the end of the financial year? Look no further! Follow these five savvy strategies to maximise your contributions and make the most of your superannuation savings: 1) Consider additional Concessional Contributions (Pre-Tax […]
It’s not really a sacrifice If you are earning more than you need to live comfortably, salary sacrificing may be an attractive option to reduce your tax, boost your superannuation and prepare for a more comfortable retirement later on. Salary sacrificing simply involves having part of your salary paid into […]
Retirement Planning for Couples with an Age Gap: Practical Insights & Strategies (Part Two) When you meet the love of your life, it’s natural to imagine growing old together. But what many couples don’t consider are the practicalities of how that journey will unfold. For couples with a significant age […]