How To Reduce The Risks That Cause Financial Failure

There are some life events and circumstances that can derail efforts to achieve financial independence. Some of them are out of our control like natural disasters and accidents, but our society has developed products such as life and health insurance to mitigate the consequences. “Lifestyle” diseases can also be controlled by making better food and […]

By |September 7th, 2016|Financial Advice, Home Loans, Property Investment, Wealth Creation|Comments Off on How To Reduce The Risks That Cause Financial Failure

Employer Funded Super – Helping It Work Harder

There is no doubt that investing in just about any kind of superfund is better than doing nothing. For some recently retiring baby boomers and the streams to follow them until 2028, there will be a vast number who will fall short of the dollar value required for them to retire comfortably with.

As this system […]

Banks Fund Retirement Plan

Let’s face it. Not many of us are born with a silver spoon in our mouths. If you have dreams, especially dream home dreams, or dream investment dreams, you are going to need to get the money from somewhere to fund that dream.

The people who fund such dreams are lending institutions such as banks, building […]

By |May 28th, 2015|Financial Advice, Retirement|Comments Off on Banks Fund Retirement Plan

Building Your Own Retirement Fund

For some, the luxury of relying on employer funded superannuation is just not an option.

As employer funded superannuation only came into existence in 1992 there are many people staring down the barrel of retirement with roughly 20 years’ contributions to their funds.

This style of retirement planning can be a great advantage if you are 20 […]

By |February 6th, 2015|Retirement, Wealth Creation|Comments Off on Building Your Own Retirement Fund

Retirement Is A Global Crisis

Just when Australians are bracing for the baby boomer generation to retire, the whole world is sharing these sentiments. In order for people to live a comfortable life in retirement, they may need to work past the retirement age.
These brewing problems are effects of the Recession and the 2008 Financial Meltdown. It is forecasted that […]

By |December 30th, 2013|Retirement|Comments Off on Retirement Is A Global Crisis

Who Wants To Retire At 70?

A new late-retirement plan from the Australian government is proposing drastic changes for retirees. Part of the proposal is to move the retirement age to 70, as post World War II baby boomers hit the retirement age within the next several years.
The Productivity Commission is leading the charge in this initiative. The current retirement scheme […]

By |November 25th, 2013|Retirement|Comments Off on Who Wants To Retire At 70?

Age Pension Problems Starting to Surface

Age pension is in danger of becoming unaffordable for retirees. The current age pension is 30% of the average salary of male individuals, short of what is needed to support retirees for 20 years or longer.
The complexities of current cost and regulations for in-home services are a major problem, with daily fees for accommodation as […]

By |October 24th, 2013|Retirement|Comments Off on Age Pension Problems Starting to Surface

Advisers Be on Guard: Baby Boomers Set to Retire

Baby boomers are set to retire in the next several years, where the first baby boomers retired in 2011. Expectations are set to grow further as retirees have been constantly increasing, from 40,000 in 1950 to 140,000 in 2010.
Financial Advisers are facing the daunting task of accommodating retirees from this generation, according to professional service […]

By |October 23rd, 2013|Retirement|Comments Off on Advisers Be on Guard: Baby Boomers Set to Retire

The Age-Old Retirement Question: How Much Do I Need?

This has been the lingering question for retirees – how much do I need on my super to retire comfortably? Do I have to rely on aged pension?

A study by Deloitte gives us an overview of how much retirees from the different generation group will get from their super upon retirement. According to the research, […]

By |September 25th, 2013|Retirement|Comments Off on The Age-Old Retirement Question: How Much Do I Need?