You would have seen in the media many times about the huge sums of debt the Australian Government is racking up from the coronavirus stimulus package ($200 billion and counting). Conventional economic theory will tell you this is a bad thing, that it has huge implications for younger generations and their future as governments will […]
How much money do I need to retire?
Many Australians approaching retirement start questioning whether their superannuation balance is enough. According to the Association of Superannuation Funds of Australia (AFSA), most Australians don’t have enough saved and are at risk of facing a lower standard of living once they stop working[1]. There are no scholarships, grants or loans for retirement so a little […]
Don’t believe everything you think about your retirement wealth
There is increasing investor autonomy in today’s world – the range of information available online and in the form of apps give investors an abundance of knowledge to manage their finances on their own. Theoretically anyway. On the one hand, freedom of information is great for expanding the financial literacy of individuals and allowing them […]
Census shows retirement income disparity between men and women
The ABS has released statistics from the 2016 Census (remember that thing we filled out?) on retirement from the 9.4 million Australians aged 45 years and over. Out of this above age group, 65% had made superannuation contributions which comprised of more than three quarters of retired men in comparison to just over half of […]
Suddenly Single Article in Pittwater Life Magazine
This month, Darren writes in Pittwater Life magazine on how to face your financial future alone when you become suddenly single. You may think it doesn’t apply to you, but the reality is that at some stage in your life, you will face becoming suddenly single. This is an especially daunting thought if you’re not […]