Retirement planning can be difficult, especially when it comes to predicting the expenses you’ll have to account for during your retirement years. There are several types of retirement expenditures to consider, ranging from essential expenditures such as housing and utilities to…
The terms “trauma insurance” and “critical illness insurance” may sound like two distinct insurance products, but in Australia, these terms mean the same insurance product and are often used interchangeably. However, insurance providers often define the terms of their policies…
You have diligently worked to accumulate assets over the years, including savings, investments, and personal property. But what happens if unforeseen events threaten to diminish the value of what you've worked so hard to achieve? This is where wealth preservation…
Superannuation is important to your financial future as an Australian, but it can often be complex and confusing. To help demystify this topic, we've compiled quick answers to the most common questions Australians search and ask about superannuation. Whether you're…
Did you miss Part 1? Click here to read before starting Part 2. First, let's revisit the purpose of an emergency fund. An emergency fund is a savings account of money set aside specifically for unplanned expenses and financial emergencies.…
An emergency fund is a vital safeguard against life's uncertainties, offering financial stability and a reassuring peace of mind. Typically, the 'rule of thumb' is to accumulate an emergency fund large enough to cover at least three months' worth of…
A property investment is attractive because unlike other investments, you don't need any particular specialised knowledge to invest in property. It also comes with ample benefits such as capital gains, rental yield, and tax deductions. So, if you're thinking about…
As you near retirement, a Transition to Retirement strategy, also known as a TTR strategy, can offer you an innovative way to access a portion of your superannuation even while you're still working. This provides you with the opportunity to…
What’s your idea of early retirement in Australia? Some would say retiring before the Age Pension age of 65. Others would say retiring before the superannuation preservation age of 55. And then there are those from the younger generation who…
Many people look forward to enjoying their retirement. However, to ensure you end up with a comfortable and worry-free lifestyle after retiring, it is essential to plan it carefully. All retirement investment strategies come with their own list of pros…