What is a Non-Binding Death Benefit Nomination in Superannuation
,

What is a Non-Binding Death Benefit Nomination in Superannuation?

A non-binding death benefit nomination is an instruction given to a superannuation fund trustee that indicates who the member would like to receive their superannuation benefits upon their death. Unlike a binding nomination, which legally…
Top Mistakes to Avoid When Planning for Early Retirement

Top Mistakes to Avoid When Planning for Early Retirement

Early retirement is a dream for many, but achieving it requires meticulous planning and disciplined financial management. While early retirement offers the chance for more freedom and time, it also demands a larger nest egg to cover potentially…
Financial Planning for Dual Residency
, ,

Financial Planning for Dual Residency

Dual residency, or holding tax residency in both Australia and another country, presents unique financial planning challenges. Managing Australian and overseas assets under dual residency status requires careful planning to address tax obligations,…
How Superannuation Contributions Affect Your Age Pension Eligibility

How Superannuation Contributions Affect Your Age Pension Eligibility

For Australians approaching retirement, understanding how superannuation contributions impact Age Pension eligibility is essential. The Age Pension provides a baseline retirement income for eligible Australians, helping supplement other retirement…
How to Make Superannuation Contributions for Retirees

How to Make Superannuation Contributions for Retirees

As one transitions into retirement, the significance of superannuation often takes centre stage. For retirees, superannuation isn’t merely a pre-retirement strategy but a pivotal component in ensuring ongoing financial security. Given Australia’s…
Understanding the Impact of Superannuation Contributions on Your Investment Strategy
,

Impact of Superannuation Contributions on Your Investment Strategy

Superannuation is a cornerstone of retirement planning in Australia, yet its influence on investment strategy is often underappreciated. By aligning super contributions with a broader financial plan, Australians can maximise returns…
The Role of Income Protection in Career Planning

The Role of Income Protection in Career Planning

Income protection insurance offers individuals a lifeline during times of uncertainty, particularly in scenarios where illness or injury renders them unable to work for an extended period. For professionals building long-term career paths,…
The Role of Financial Advisers in Managing Your Superannuation

The Role of Financial Advisers in Managing Your Superannuation

For many Australians, superannuation serves as the primary vehicle for building a secure retirement. Yet, managing superannuation can be complex, with layers of tax rules, investment choices, and regulatory requirements to navigate. Entrusting…
How to Make Superannuation Contributions for Part-Time Employees

How to Make Superannuation Contributions for Part-Time Employees

Superannuation is essential for all employees in Australia, including those working part-time. While full-time employees may have structured superannuation benefits clearly set out, part-time employees often face varying arrangements. Ensuring…
The Benefits of Superannuation Contributions for Young Professionals

The Benefits of Superannuation Contributions for Young Professionals

For young professionals in Australia, superannuation represents one of the most crucial elements of financial security. In an era where retirement may seem distant, initiating superannuation contributions early in a career sets a foundation…
How to Use Superannuation Contributions to Achieve Financial Independence

How to Use Superannuation Contributions to Achieve Financial Independence

Superannuation is one of the most effective tools Australians can use to achieve financial independence. By making regular contributions throughout your working life, you are building a foundation that will support you in retirement. Superannuation…
The Future of Superannuation in Australia

The Future of Superannuation in Australia

Australia’s superannuation system has grown into one of the most robust retirement savings schemes in the world. Introduced in the 1990s, superannuation was designed to provide Australians with financial security in retirement. Since then,…
How to Claim Lost Superannuation

How to Claim Lost Superannuation

Superannuation is a crucial component of retirement planning for Australians, but many people are unaware that they may have lost or forgotten super accounts. With billions of dollars in lost super waiting to be reclaimed, taking the initiative…
Superannuation for Migrants_ What to Consider

Superannuation for Migrants: What to Consider

Australia’s superannuation system is a crucial part of planning for retirement, but it can seem complex for migrants who are new to the country. For those settling in Australia—whether temporarily or permanently—understanding how superannuation…
The Role of Life Insurance in Retirement Planning

The Role of Life Insurance in Retirement Planning

When thinking about retirement planning, life insurance may not be the first tool that comes to mind, but its role is crucial. As you approach retirement, protecting the financial well-being of your loved ones becomes increasingly…
Impact of RAD on Estate Planning and Inheritance

How to Make Superannuation Contributions for Low-Income Earners

Superannuation is one of the most important tools for securing financial stability in retirement. For low-income earners, contributing to super can seem challenging, especially when balancing daily expenses. However, making even modest contributions…
Ethical Superannuation Funds_ What You Need to Know

Ethical Superannuation Funds: What You Need to Know

Australians are increasingly seeking to align their financial decisions with their personal values, and superannuation is no exception. Ethical superannuation funds have gained immense popularity as more investors look to support companies and…
Understanding the Impact of Superannuation Contribution Limits on Your Savings

Understanding the Impact of Superannuation Contribution Limits on Your Savings

Superannuation is one of the most effective tools Australians have to ensure a comfortable retirement. However, to truly maximise its benefits, it's essential to understand the contribution limits imposed by the government. These limits…
How to Check Your Superannuation Balance and Performance

How to Check Your Superannuation Balance and Performance

Superannuation is far more than just a retirement savings plan; it is the cornerstone of financial independence in retirement. The Australian system mandates that a percentage of your salary is set aside, growing over time through investments…
How to Make Superannuation Contributions for High-Income Earners

How to Make Superannuation Contributions for High-Income Earners

Superannuation is one of the most effective vehicles for building retirement wealth in a tax-efficient manner. For high-income earners, who often face substantial tax obligations, maximising super contributions is particularly important. Superannuation…
The Benefits of Superannuation Contributions for Women

The Benefits of Superannuation Contributions for Women

Superannuation plays a pivotal role in ensuring financial security during retirement. For women, contributing to superannuation is even more critical due to the specific challenges they often face in building wealth for later life. The superannuation…
Investing Your Superannuation in Property Is It Worth It
,

Investing Your Superannuation in Property: Is It Worth It?

Superannuation, designed to support Australians in retirement, offers a wealth of investment opportunities, with property emerging as a popular choice. More Australians are now considering how they can utilise their superannuation to invest…
How to Use Superannuation Contributions to Support Your Financial Goals

How to Use Superannuation Contributions to Support Your Financial Goals

Superannuation plays a vital role in long-term financial planning, serving as a key pillar for building wealth and securing retirement. Whether you’re just starting your career or approaching retirement, understanding how superannuation…
Understanding the Impact of Superannuation Contributions on Your Retirement Savings

Understanding the Impact of Superannuation Contributions on Your Retirement Savings

Superannuation is the cornerstone of Australia’s retirement system, offering individuals a structured way to accumulate wealth over their working lives. With the right approach, super contributions can form the bedrock of financial security,…
Spouse Super Contributions_ How They Work

Spouse Super Contributions: How They Work

Superannuation remains one of the most effective means of building wealth for retirement. While most individuals focus on their own super contributions, there’s a powerful strategy that many overlook: spouse super contributions. This is a…
Investing for Retirement Strategies and Tips
,

Investing for Retirement: Strategies and Tips

Retirement is a significant milestone that requires careful financial planning. For Australians, the transition from the workforce into retirement brings both freedom and responsibility. With life expectancy increasing, it is essential to ensure…
The Impact of COVID-19 on Superannuation

The Impact of COVID-19 on Superannuation

The COVID-19 pandemic left an indelible mark on global economies, reshaping financial landscapes in ways few could have predicted. As economies grappled with lockdowns, market crashes, and widespread job losses, superannuation—Australia’s…
How to Make Superannuation Contributions for Self-Employed Individuals

How to Make Superannuation Contributions for Self-Employed Individuals

Superannuation isn’t just for employees. If you’re self-employed, planning for your retirement should be a priority, yet it's often overlooked in the hustle of running a business. Unlike employees, you don’t have the luxury of employer…
The Role of Income Protection in Retirement Planning

The Role of Income Protection in Retirement Planning

Retirement planning is a critical aspect of securing your financial future, requiring careful consideration of various elements that contribute to long-term stability. While superannuation and investments are often the focus, income protection…
Early Access to Superannuation Pros and Cons

Early Access to Superannuation: Pros and Cons

Superannuation is a cornerstone of retirement planning in Australia, designed to provide financial security in one’s later years. However, the concept of early access to superannuation has gained attention, especially during times…
How to Make Catch-Up Superannuation Contributions

How to Make Catch-Up Superannuation Contributions

Superannuation is the bedrock of retirement planning in Australia, providing a tax-effective means to accumulate savings for your later years. However, life’s unpredictable nature can sometimes lead to gaps in contributions. Whether…
Downsizer Contributions to Superannuation

Downsizer Contributions to Superannuation

Superannuation is a cornerstone of retirement planning in Australia, providing a tax-effective way to save for the future. As Australians approach retirement, many seek strategies to maximise their superannuation balance. One such strategy is…
How to Make Salary Sacrifice Work for You

How to Make Salary Sacrifice Work for You

Salary sacrifice is a powerful tool in the Australian financial landscape, offering individuals the opportunity to enhance their retirement savings and reduce taxable income. When incorporated into a well-structured financial plan, salary…
How to Track Your Superannuation Contributions

How to Track Your Superannuation Contributions

Superannuation is one of the most significant investments Australians make towards their retirement. With the complexities of contribution limits, tax implications, and the need to maximise returns, keeping a close eye on your superannuation…
The Role of Insurance in Your Superannuation Fund

The Role of Insurance in Your Superannuation Fund

Superannuation is a cornerstone of financial planning in Australia, providing a tax-effective way to save for retirement. However, it’s not just about building a nest egg; superannuation can also play a crucial role in protecting your financial…
The Benefits of Regular Superannuation Contributions

The Benefits of Regular Superannuation Contributions

Superannuation is a fundamental pillar of financial security in Australia, designed to provide individuals with a reliable income during retirement. Consistent contributions to your superannuation fund are crucial for building a substantial…
Superannuation and Estate Planning

Superannuation and Estate Planning

In Australia, superannuation is more than just a retirement savings vehicle—it is a significant part of your financial legacy. However, many people overlook the importance of integrating superannuation into their estate planning, which can…
The Impact of Superannuation Contributions on Your Tax Return

The Impact of Superannuation Contributions on Your Tax Return

Superannuation is more than just a retirement savings vehicle; it is also a powerful tool for managing your tax obligations. For Australians, the interplay between superannuation contributions and tax returns can offer substantial…
Understanding the Superannuation Guarantee

Understanding the Superannuation Guarantee

Superannuation is a cornerstone of retirement planning in Australia. It ensures that individuals save regularly for their retirement, providing financial security and peace of mind. As living expenses rise and life expectancy increases, having…
The Role of Superannuation Contributions in Retirement Planning

The Role of Superannuation Contributions in Retirement Planning

Retirement planning is an essential aspect of financial health, ensuring that individuals can enjoy a secure and comfortable retirement. It involves setting long-term goals, understanding future needs, and creating strategies to achieve those…
Superannuation for Self-Employed

Superannuation for Self-Employed

Superannuation is a critical aspect of retirement planning for all Australians, including the self-employed. While those in traditional employment benefit from compulsory employer contributions, self-employed individuals must take a proactive…
Understanding the Bring-Forward Rule for Super Contributions

Understanding the Bring-Forward Rule for Super Contributions

Superannuation, often referred to as "super," is a cornerstone of retirement planning in Australia. These contributions, made by employers and individuals, are designed to accumulate over time to provide financial security in retirement. Superannuation…
Transition to Retirement How Superannuation Can Help

Transition to Retirement: How Superannuation Can Help

Transitioning to retirement is a significant life phase that requires careful financial planning. Superannuation plays a crucial role in this transition, offering a variety of strategies to ensure a smooth and financially secure shift from…
How to Make Non-Concessional Contributions to Super

How to Make Non-Concessional Contributions to Super

Superannuation is a vital component of retirement planning in Australia, providing a tax-effective way to save for your future. Non-concessional contributions, in particular, offer a powerful method to boost your superannuation…
How to Maximise Your Superannuation Growth

How to Maximise Your Superannuation Growth

Superannuation is the bedrock of a secure retirement, offering a tax-effective way to save for your golden years. Maximising the growth of your superannuation is essential to ensure a comfortable and financially stable retirement. This article…
The Impact of Concessional Contributions on Your Superannuation

The Impact of Concessional Contributions on Your Superannuation

Superannuation is a cornerstone of retirement planning in Australia, providing a structured and tax-effective way to save for your future. Concessional contributions, often underutilised, can significantly enhance your superannuation…
Superannuation Strategies for High-Income Earners

Superannuation Strategies for High-Income Earners

The Importance of Superannuation for High-Income Earners Superannuation is a cornerstone of retirement planning, particularly for high-income earners. Ensuring a comfortable retirement lifestyle requires more than just saving; it involves…
The Benefits of Spouse Superannuation Contributions

The Benefits of Spouse Superannuation Contributions

Spouse superannuation contributions are a powerful tool in enhancing retirement savings, offering tax benefits, government co-contributions, and improved financial security.
The Impact of Fees on Your Superannuation

The Impact of Fees on Your Superannuation

Understanding and managing superannuation fees is essential for safeguarding your retirement savings.
Understanding the Government Co-Contribution Scheme

Understanding the Government Co-Contribution Scheme

The Government Co-Contribution Scheme is a valuable tool for low and middle-income earners in Australia to boost their retirement savings.
How to Consolidate Multiple Superannuation Accounts

How to Consolidate Multiple Superannuation Accounts

Consolidating multiple superannuation accounts can simplify your financial life and boost your retirement savings.
How to Make Salary Sacrifice Contributions to Super
, ,

How to Make Salary Sacrifice Contributions to Superannuation

Making salary sacrifice contributions to superannuation is a strategic way to boost your retirement savings and enjoy immediate tax benefits.
Tax Benefits of Super Contributions

Tax Benefits of Superannuation Contributions

By understanding and utilising tax benefits of superannuation contributions, individuals can enhance their retirement savings, reduce their taxable income, and enjoy a more financially secure future.
The Role of Employer Superannuation Contributions

The Role of Employer Superannuation Contributions

By understanding the various aspects of superannuation contributions, both employers and employees can optimize their strategies and ensure long-term financial security.
The Role of Life Insurance in Estate Planning
,

The Role of Life Insurance in Estate Planning

From providing financial security to beneficiaries to ensuring smooth business succession, life insurance plays a critical role in managing and protecting your estate.
Super Contribution Limits Explained from July 2024

Super Contribution Limits Explained from July 2024

Understanding the new superannuation contribution limits and changes from July 2024 is crucial for effective retirement planning.
Super Contribution Caps and Changes from July 2024

Super Contribution Caps and Changes from July 2024

Staying informed about legislative changes and regularly reviewing your superannuation strategy ensures that you are well-prepared for retirement.
How to Maximise Your Super Contributions

How to Maximise Your Superannuation Contributions

Superannuation is a pivotal aspect of retirement planning in Australia. By maximizing your superannuation contributions, you can significantly enhance your retirement savings and secure a more comfortable future. This article will explore various strategies and considerations to help you make the most of your super contributions.
The Importance of Regularly Reviewing Your Super

The Importance of Regularly Reviewing Your Superannuation

Superannuation is a critical component of financial planning for retirement. While setting up a superannuation fund is a significant first step, regularly reviewing and managing it is essential to ensure that it continues to meet your needs and maximises your retirement savings. This article explores why it's vital to keep a vigilant eye on your superannuation.
The Benefits of Voluntary Super Contributions

The Benefits of Voluntary Superannuation Contributions

Understanding the intricacies of voluntary superannuation contributions can help you make informed decisions that will pay dividends in your golden years.
How to Choose a Superannuation Fund
,

How to Choose a Superannuation Fund

Choosing the right superannuation fund is a critical decision that can significantly impact your financial future. With numerous options available, it’s essential to understand the intricacies of each type of fund and the factors that should influence your choice.
Understanding Super Contributions
, ,

Understanding Superannuation Contributions

Superannuation contributions are a fundamental aspect of financial planning for retirement in Australia. They represent a vital component of ensuring financial security and comfort in one’s later years. Regular contributions to your superannuation fund can significantly enhance your savings, providing a robust financial buffer when you retire.
The Best Superannuation Funds in Australia
, ,

The Best Superannuation Funds in Australia

Selecting the right superannuation fund is a pivotal decision that can significantly impact your financial future. With superannuation being a major source of retirement income for Australians, choosing wisely ensures that your retirement savings grow optimally, offering you financial security and peace of mind.
Understanding the Basics of Superannuation
, ,

Understanding the Basics of Superannuation

Superannuation serves as a pivotal element in the architecture of financial planning, particularly in Australia. It ensures that individuals accumulate sufficient funds to support their lifestyle post-retirement, alleviating reliance on government pensions. This comprehensive savings mechanism fosters financial independence and security in one’s twilight years.
How to Review and Optimise Your SMSF Performance
, ,

How to Review and Optimise Your SMSF Performance

Self-Managed Super Funds (SMSFs) offer a unique opportunity for individuals to take control of their retirement savings. Regular reviews and optimisations are essential to ensure that your SMSF is performing at its best and aligning with your financial goals.
EOFY Financial Health Check
, ,

EOFY Financial Health Check: Are You on Track for Retirement?

The end of the financial year (EOFY) presents a critical juncture to assess and optimize one's financial health, particularly regarding retirement planning. This comprehensive health check ensures that you are on track to meet your long-term goals and can make informed adjustments as needed.
How much can a client afford to spend during retirement

How much can a client afford to spend in retirement?

Determining a comfortable and sustainable retirement spending plan for a client involves a variety of factors and some unknowns.
Planning for Retirement in an Inflationary Environment in Australia
,

Planning for Retirement in an Inflationary Environment

With recent trends indicating rising inflation rates, retirees must adjust their financial strategies to ensure that their savings will not only last but also maintain their purchasing power throughout their retirement years.
Charting your aussie retirement.

Charting Your Aussie Retirement

The transition into retirement within the Australian context has faced unprecedented challenges since 2020. Rising living costs, inflation, volatile investment returns, and market instability have significantly altered the retirement landscape.
Navigating Market Volatility in Retirement.
,

Navigating Market Volatility in Retirement

Market volatility is an inevitable aspect of the investment landscape, particularly perturbing for those embarking on the golden phase of retirement.
The Role of Annuities in Retirement Planning.

The Role of Annuities in Retirement Planning

Navigating the vast sea of retirement planning, one beacon consistently shines through the fog of uncertainty: annuities.
Increase to Social Security Payments A Boost to Millions.

Increase to Social Security Payments: A boost to millions

In an ambitious move to fortify the financial health of millions, the Australian government is on the brink of implementing a significant enhancement to social security payments.
Superannuation Contribution Caps Changes for 2024-2025 Financial Year
,

Super Contribution Caps Changes for 2024-25 Financial Year

This year, significant alterations in super contribution caps are poised to redefine the saving strategies for the 2024/25 financial year. Grasping these changes is crucial for anyone looking to optimise their financial future.
Grandparents in miniature.
,

How can I maximise my Age Pension in 2024?

In this blog post, we'll share clear, straightforward strategies to maximise your Age Pension in 2024
Man in black suite and a big watch.
,

How can you catch up on lost retirement savings in your 50s or 60s?

In this blog post, we'll share some practical strategies you can use to boost your retirement savings, even if you're starting late.
How to withdraw money from your smsf.
,

How to withdraw money from your SMSF?

Your Self-Managed Super Fund (SMSF) represents years of dedicated contributions, a nest egg patiently growing for your future. But when that future arrives, how do you access those funds seamlessly and efficiently? That's where understanding your withdrawal options becomes crucial.
How to get the most out of your SMSF.
,

How to get the most out of your SMSF?

Your Self-Managed Superannuation Fund (SMSF) can be a powerful tool for building a comfortable retirement. However, navigating the complexities of an SMSF can feel daunting. This blog post is designed to serve as your roadmap to maximising the potential of your SMSF.
How to plan your retirement with your SMSF.
,

How to plan your retirement with your SMSF?

With the increasing popularity of Self-Managed Super Funds (SMSFs) in Australia, many of you are taking control of your retirement future. While this independence brings exciting possibilities, it also comes with unique challenges.
How to deal with SMSF disputes.
,

How to deal with SMSF disputes?

SMSFs have become increasingly popular, offering retirees greater control over their retirement savings. While empowering, the freedom of an SMSF can also bring unique challenges, particularly when it comes to disagreements among members.
How to comply with SMSF regulations.
,

How to comply with SMSF regulations?

In this blog post, we'll demystify the key compliance areas you need to master to keep your SMSF humming along smoothly.
How to choose an SMSF Service provider.
,

How to choose an SMSF Service provider?

In this blog post, we'll break down the key factors to consider when choosing an SMSF service provider, ensuring you pick the partner who'll empower you to make the most of your super and unlock a brighter retirement horizon.
Senior woman thinking whether to put extra money into super or mortgage.

How much income do I need in retirement?

As you embark on the journey towards retirement, one of the key considerations is determining your retirement income needs.
A person standing on a pavement that says start.
,

When should I start planning for retirement

How do you turn retirement dream into a reality? The answer lies in the power of planning, and the sooner you start, the better.
Person choosing what path to go.
,

How to choose a super fund?

In this comprehensive guide, we will delve into the world of super funds, equipping you with the knowledge and tools to make a well-informed decision about your retirement savings.
Lonely old man looking at his cake.
,

How Does Super Income Stream Affect Pension?

As an Australian retiree, you've likely accumulated a sizeable amount in your superannuation fund over the years. However, there are a few things you need to understand about how super income streams affect your pension.
People riding a boat representing trustees in SMSF.
,

Beginner’s Guide to SMSF

Before diving headfirst into the SMSF pool, it’s crucial to understand the nuts and bolts of how it operates.
Man in red long sleeves using a computer.

How to master retirement planning?

Embarking on the journey to retirement requires thoughtful preparation and strategic planning. By dedicating time and effort now, you can ensure a comfortable and secure future.
Two people assessing the graph on the tablet screen.
,

Navigating market volatility and recession in retirement?

Retirement ought to be a time of peace and financial stability, yet the volatility of investment markets and the looming threat of recession can cast a shadow of uncertainty on this phase of life.
Pensioner withdrawing money from piggy bank.

Understanding age pension entitlements for Australians retiring overseas

In this blog post, we dive into what happens to age pension entitlements for Australians who venture overseas for their golden years. 
Seedlings that represent investment options.

What are the investment options for retirees?

Australia’s ageing population is facing more choices than ever when it comes to investment. For retirees, understanding these options is crucial to ensuring financial security in the golden years.
Senior couple having a financial advice for retirement planning.

Financial Planning for Retirement: Unlocking A Prosperous Future

In today's ever-evolving economic landscape, preparing for retirement is paramount. At Wealth Factory, we firmly believe that retirement should be more than just an end to your working life.
Group of seniors spending retirement days

Comprehensive Pre-Retirement Planning

When we approach the inevitable phase of retirement, the forethought and planning required often go beyond the scope of mere desire.
Sample Commonwealth Seniors Health Card.

Navigating Centrelink Concession Cards for Retirees: A Comprehensive Guide

Commonwealth Seniors Health Care card and moreAs a retiree in Australia, you may be questioning, “Am I eligible for a Centrelink concession card?” This is a common query, given the array of concession cards available, with some retirees…
Retirement Village.

Is it worth living in a retirement village?

In this blog post, we'll explore the various aspects that make retirement villages appealing, the costs involved, the pros and cons, and whether they contribute to a longer and healthier life.
New Age Pension Rates and Limits Effective 20th September 2023.
,

Age Pension Rates and Limits as of 20th September 2023

Understand the new Age Pension rates and limits effective 20th September 2023.
Silhouette of a road signage during sunset.
,

When should you change super funds?

In this blog post, we'll break down the process of changing super funds and help you decide whether it's the right move for you.
A self-funded retiree using her smartphone.

What are self-funded retirees entitled to?

In this blog post, we'll unravel the world of self-funded retirees – those individuals who have taken their retirement planning into their own hands.
Packed carton boxes ready to move to a smaller space.
,

Is downsizing a good idea for retirement?

As you approach your golden years, making informed decisions about your retirement becomes more crucial than ever. One significant consideration that often arises is whether downsizing your home is a wise move for your retirement journey. Picture…
Senior man wearing a black hat with a clock and a signage that says what's next.

What happens to your SMSF when you retire?

In this blog post, we will demystify the process and provide you with the essential information you need to navigate the transition from your Self-Managed Superannuation Fund (SMSF) to retirement.
A retired woman staring out of a window with concerns.

What do retirees worry about?

In this blog post, we will explore the common worries that retirees have and delve into the topic of common retirement planning mistakes that people make.
A senior man employed in the textile industry.

Can I retire then go back to work?

In this blog post, we will delve into the topic of retiring and returning to work in Australia. We will address several key questions to help you gain a better understanding of this evolving trend.
Sale cards.
,

Should I claim a deduction for personal super contributions?

In this blog post, we'll explore the topic of claiming a deduction for personal super contributions and help you determine whether it's the right choice for you.
Pole in the middle of a couple holding hands.
,

What is spouse contribution and contribution splitting?

Are you considering splitting contributions to your superannuation fund with a spouse? With the complexity of Australian tax and superannuation laws, it can be difficult to understand how spouse contribution and contribution splitting works in Australia. 
Brown wallet in the pocket.
,

What is the re-contribution strategy for super?

In this blog post, we will talk about re-contribution strategy for super so that you can get started on making an informed decision about your financial future. Keep reading to find out more!
Tax wooden cubes on top of gold coins.
,

How to reduce taxable income?

In this post, we’ll explore a few strategies for reducing taxable income down under – from tax deductions and offsets to investing in bonds- so that you can maximise your earnings without having to pay too much of it back! 
Senior couple using a card for online transaction.
,

How to apply for a Commonwealth Seniors Health Card?

In this blog post, we’ll provide step-by-step instructions on how to apply for the Commonwealth Seniors Health Card so that you can take full advantage of its many benefits. Read on today and stay informed about one of Australia’s best health cards!
Pensioner withdrawing money from piggy bank.
,

How can I withdraw my superannuation?

This blog post will provide an overview on everything you need to know about withdrawing your retirement savings so that you make informed decisions regarding the best way to access them. Let’s jump in!
Moon airplane and silhouette of people in the airport.
,

How do I claim my superannuation when I leave in Australia?

If you're leaving Australia and want to claim your superannuation, don't worry, it's easy! Even if you're on a temporary visa and have been working in Australia, your employer has most likely been paying into your super. When it's time to leave, you can apply to take your super with you.
How much written on cheque.
,

How much super do I need to retire at 55?

In this blog post we explore these topics in detail and provide a comprehensive guide on what’s required to achieve a comfortable retirement lifestyle by age 55 in Australia.
Contribute with a heart.
,

What is a concessional contribution?

By the end of this blog post, not only should you know exactly what a concessional contribution is but also how to best leverage them for your own needs.
Adding coin to jar with stacked coins in background.
,

What are reportable superannuation contributions?

In this guide, we'll explore this topic and explain why they're important so that when it comes time to make investment decisions, you have all the information needed to make an informed decision.
Senior man using an ATM machine to withdraw money.

How much super can I withdraw after 60?

In this post, we'll look at some tips and strategies that will help maximise your access to superannuation funds over the course of your retirement. Read on for more information about how much super money can be taken out after turning 60.
How much is enough and a silhouette of a man.
,

How much can I put into super?

This blog post aims to provide clarity on how much you can contribute annually or over a lifetime towards your super balance in order to maximise your retirement savings and reap all the benefits that come with being a savvy investor! Keep reading to find out more!
Elderly man happy on computer wife holds credit card.
,

How much money can you have and still get a pension?

In this blog post, we will discuss exactly how much money you can have set aside and still get some form of government pension when planning for retirement.
Concrete Tombstones.
,

What happens to your superannuation when you die?

Death comes to us all, but the question of what happens to your superannuation when you die can be a tricky one. So, it’s time we addressed the elephant in the room – if you don't have an up-to-date Will and Estate plan, where does that leave your super?
Old couple standing beside a house and near cars.

What is transition to retirement?

Transition to retirement strategies can be an important tool for anyone close to retirement. It refers to the process of shifting from full-time work life towards semi-retirement while also taking advantage of particular tax benefits.
Back view of an old man facing a bridge.

How does an allocated pension affect Centrelink payment?

In this blog post, our team will explain what an allocated pension is, why it matters when claiming the age pension, and how both are taxed in Australia. We even provide some top tips on getting maximum benefit from these pensions.
A person looking at a wallet.
,

How much can I salary sacrifice into super?

Have you ever wondered, "How much can I salary sacrifice into super?" Well, wonder no more. In this blog post, we'll break down the current concessional contribution limit and explain why it's important for financial advice clients to be aware of it.
What is a non concessional contribution

What is a non concessional contribution?

A non concessional contribution is a payment you make into your super account from after-tax income. This means the money you use has already been taxed at your marginal tax rate. In this blog post, we'll take a closer look at what non concessional contributions are and how they work. 
The risks of banking on your business for your retirement income.

Business reliance for retirement income

The article focuses on the potential dangers of relying solely on the sale of a business to finance retirement, and offers steps on how to prepare for the sale or succession of your business, such as building up superannuation.
Elderly couple walking on the road while holding hands.

What are retirement income streams?

Everyone's idea of retirement is different. For some, it means travelling the world and never having to work again. However you choose to spend your retirement, one thing is for sure: you'll need a reliable stream of income to make it happen. 
Elderly Couple applying for an age pension.

How do I apply for an age pension?

For those of us who have worked hard our entire lives, receiving an age pension can be a bit of a shock. It doesn't seem fair that after contributing so much to society, we are now considered charity cases. Thankfully, the application process for age pensions in Australia is straightforward, and there are plenty of resources available to help you through it.
An important conversation with parents and kids.
, , , ,

An important conversation with parents (and kids)

Older people tend to be very private when it comes to topics such as their finances, estate planning, and aged care. This article offers guidance on how to initiate open and productive discussions with an elderly relative and your children.
Alarm clock and stacked coins.

How to Save More Money for Retirement?

Are you looking for ways on how to save more money for retirement but don't know where to start? You're not alone! In this post, we'll outline some tips for how to save money when you retire in Australia.
Old couple using a tablet while sitting on a couch.

Your Retirement Planning Checklist 2022

Imagine a world where we can finally quit working — where we don't have to go to work every day but still get paid. Sounds like a dream, doesn’t it? All it takes is a well-thought-out retirement planning strategy tailored to your specific requirements.
Guide to Retirement Living

Step-by-Step Guide to Retirement Living

Are you getting close to retirement and feeling a little lost about what to do? Or maybe you're already retired and looking for ways to make the most of your golden years? Whatever your situation, this step-by-step guide to retirement living will help you every step of the way. 
Old woman using a tablet with leaves behind her.

Keys to a Successful Retirement

When it comes to retiring in Australia, there are a few things that you need to take into account. In this blog post, we'll take a look at the keys to a successful retirement in Australia. So read on and see if any of these strategies could work for you.