Currently Browsing: Superannuation

Retirement costs continue to increase

There was a modest increase in the cost of living in the September quarter for retirees.

CONTINUE READING

How much do you need to retire comfortably?

When it comes to being able to retire comfortably, there’s no magic figure as everyone is different; but there is a goal to aim for if you want to make the most of your retired years. Some speculate you need at least $1 million to become self-sufficient, others claim much less. So what’s the estimate?

CONTINUE READING

1/3 Australians Believe They’ll Struggle in Retirement

new super rules

Only 13% of Australians believe they will have full control over their retirement, according to a new study by Compare the Market. The study (of 3,000 people( found that one in three Australians believed they won’t be able to retire when they are 65 years old. The majority of these were aged between 45 and

CONTINUE READING

ASFA urges super savers to stay calm in face of falling share market

The Association of Superannuation Funds of Australia (ASFA) has urged Aussie super savers not to panic following falls in Australian and U.S. share markets this week.

CONTINUE READING

Retirement costs on the increase, especially retiree health care costs

There was an increase in the cost of living for retirees in the June quarter 2018, with increases in the cost of health services, transport, and clothing in particular, according to the Association of Superannuation Funds of Australia (ASFA) Retirement Standard.

CONTINUE READING

How superannuation discriminates against middle income earners

While all workers benefit from the 9% superannuation guarantee, those on middle incomes benefit significantly less than lower and upper incomes, according to my research.

CONTINUE READING

Super scammers targeting workers through word of mouth

Superannuation scammers are hustling workers on fringes of Australia’s major cities into illegally spending their meagre retirement savings.

CONTINUE READING

Labour’s plan to scrap refundable franking credits

Does this affect YOU? Kairos Property Group gives their insight into the looming changes and why investing in House and Land Packages make perfect sense. Are you a retiree or shareholder who relies on the cashflow from your shares or superfund? Impending Labor policy changes proposed will remove the ability to convert share portfolio franking

CONTINUE READING

Bringing retirement budgets into the digital age

The Association of Superannuation Funds (ASFA)have released Retirement Standard (RS) budgets for the March quarter 2018.

CONTINUE READING

Are family trusts the new black?

With cuts to superannuation tax concessions and contribution limits, family trusts are having a bit of a resurgence. So, if family trusts are the new black, are they only suited to the rich. Certainly not says Financial Expert and Founder of HashChing, Atul Narang. Buying an investment property through a family trust Are you planning

CONTINUE READING