We’ve all heard the expression ‘Time is money.’ It’s meant to warn about the monetary costs of being idle. That is, the opportunity costs of not making money while we’re ‘young and able’, and the risks of spending the money we earn when we’re not ‘hard at work’. Sadly, the ‘time is money’ mantra has […]
Thinking about financial advice?
Thinking about getting financial advice but haven’t taken the first step? If so, you’re not alone. According to an Australian Securities and Investment Commission (ASIC) report[i] on Australian attitudes to financial advice, 41 per cent of survey participants who’d intended to seek advice, still hadn’t gone ahead. If that sounds like you, there’s probably a […]
Navigating retirement – FAQs about super
As you approach retirement, it’s important to understand how to access your superannuation. If you’re looking to retire this year – or are in the planning stages – here’s a list of frequently asked questions. When can I access my superannuation? Australian legislation sets out specific conditions – known as conditions of release – that […]
Retirement planning – lessons from the ‘elders’
There’s a lot to be learned from those who’ve journeyed before us. Retirement is no different. A Fidelity International survey of over 1,500 Australians over the age of 50 asked retirees about the lessons they learned in retirement and the challenges that arose which they hadn’t anticipated. Many said they underestimated the emotional impact of […]