As the end of the year approaches yet again, you might be reflecting on how things have changed over the past 12 months. Many unexpected world events have happened lately, including a global pandemic, war in Ukraine, and inflation taking over. Well composed articles about the future can be entertaining, but little more. However educated […]
Reverse Mortgages
It’s a common scenario for older Australians – asset rich, cash poor. Owning a valuable home and having little income can be an issue, but there are ways around this other than selling your house. Below we look at the workings of a reverse mortgage. What are they? It is called a reverse mortgage as […]
New Super Contribution Rules
Good news for older Australians wanting to save for your retirement. For those age 67-74, you no longer need to meet ‘the work test’ when making a personal super contributions. Prior to 1 July 2022, anyone aged 67-74 had to work ’40 hours in a 30 day period’ in order to put money into super. […]
7 Must Haves of an Effective Estate Plan
Planning an estate isn’t always easy and for this reason many people don’t get around to doing it properly. Careful estate planning involves the process of structuring your personal and financial ‘stuff’ so that the right people get the right amount of ‘stuff’ at the right time. This includes ensuring prized personal possessions and financial […]
What Does Rising Inflation Mean for Share Markets?
A question that I am being asked more and more is whether we should make changes to an investment portfolio as a result of rising inflation. The answer is mostly good news – Inflation isn’t necessarily bad news for stocks. (It isn’t necessarily good, either). A look at the Australian share market performance over the […]