Are you one of the 25% of retirees that spend too little money?

The narrative of a miserly, Scrooge-like figure hoarding his wealth for years instead of enjoying his retirement might seem unbelievable—but unfortunately, it isn’t relegated only to fiction. It’s a cold reality for many retirees.

Guest User30 July 2024FINANCIAL ADVISOR ADELAIDE, FINANCIAL PLANNER ADELAIDE, RETIREMENT PLANNING ADELAIDE, RETIREMENT INCOME ADELAIDE, SPENDING IN RETIREMENT ADELAIDE, FINANCIAL GOALS ADELAIDEComment

Financial security remains key to Australian retirement happiness

Support from advisers alongside financial education continues to be an integral driver of older Australians’ contentment in retirement, according to new data from Challenger. The 2024 Challenger Retirement Happiness Index revealed a score of 70 for Australians over the age of 60, citing financial wellbeing as a primary determinant.

Guest User12 April 2024FINANCIAL ADVISOR ADELAIDE, FINANCIAL PLANNER ADELAIDE, RETIREMENT PLANNING ADELAIDE, RETIREMENT INCOME ADELAIDE, SUPERANNUATION ADELAIDE, FINANCIAL SECURITY ADELAIDEComment

Work Bonus changes - two significant changes for Age Pension recipients (and they’re good changes!)

Two significant changes have been made to the Work Bonus scheme. These changes apply from 1 January 2024. The first change is that an initial credit of $4,000 will be granted to the “work bonus bank” of each new age pension recipient. The second is that the maximum balance of the “work bonus bank” has been increased to $11,800 (previously the maximum balance was $7,800).

Guest User27 March 2024FINANCIAL ADVISOR ADELAIDE, FINANCIAL PLANNER ADELAIDE, AGE PENSION ADELAIDE, RETIREMENT INCOME ADELAIDE, WORK BONUS ADELAIDE, SUPERANNUATION ADELAIDEComment

Creating a realistic retirement plan

Practical tips to close a retirement savings gap between genders that is larger than we think. The media has recently been filled with commentary on the gender pay gap. We constantly hear about differences in retirement savings between men and women. The solution seems clear - close the pay and retirement savings gap and we will reach equality.

Guest User27 March 2024FINANCIAL ADVISOR ADELAIDE, FINANCIAL PLANNER ADELAIDE, RETIREMENT PLANNING ADELAIDE, WOMEN AND SUPERANNUATION, GENDER PAY GAP, RETIREMENT INCOME ADELAIDEComment

How to get a 0% tax rate on super sooner?

Savvy investors can use a Transition-to-Retirement account to increase retirement savings and save on tax.

Guest User8 March 2024FINANCIAL ADVISOR ADELAIDE, FINANCIAL PLANNER ADELAIDE, SUPERANNUATION ADELAIDE, TRANSITION-TO-RETIREMENT, SUPER PENSION STRATEGY, RETIREMENT INCOME ADELAIDEComment

How to address risks facing retirees?

One of the biggest challenges in investing is the transition into retirement. Walking away from your career requires confidence that you have enough savings to last for the rest of your life.

Guest User24 November 2023FINANCIAL ADVISOR ADELAIDE, FINANCIAL PLANNER ADELAIDE, RETIREMENT INCOME ADELAIDE, ANNUITIES ADELAIDE, LIFETIME ANNUITIES ADELAIDE, SUPERANNUATION ADELAIDEComment

Transition to Retirement Pension

Superannuation can be used to start an account based pension once a person retires (or meets another condition of release). This allows income to be received as a series of regular payments (usually monthly, quarterly, half yearly, or yearly).

Guest User25 September 2023FINANCIAL ADVISOR ADELAIDE, FINANCIAL PLANNER ADELAIDE, SUPERANNUATION ADELAIDE, TRANSITION TO RETIREMENT ADELAIDE, ACCOUNT BASED PENSION ADELAIDE, RETIREMENT INCOME ADELAIDEComment

How much do you need for a comfortable retirement?

The cost of retirement has hit a record high, with couples needing more than $70,000 a year to fund a comfortable retirement, and $50,000 for singles, according to ASFA.

Guest User1 September 2023FINANCIAL ADVISOR ADELAIDE, FINANCIAL PLANNER ADELAIDE, RETIREMENT PLANNING ADELAIDE, SUPERANNUATION ADELAIDE, ASFA RETIREMENT STANDARD, RETIREMENT INCOME ADELAIDEComment