Investment bonds (sometimes call insurance bonds) were once a popular investment vehicle for high income earners. However, in the mid 1980’s along came superannuation, which soon became the investment of choice for many. Investment bonds are now undergoing a resurgence of sorts. And this is thanks to the restrictions on the amount that can be […]
Downsizer Contributions
The Downsizer contribution gives Australians over the age of 65 who have recently sold their home the ability to make a superannuation contribution regardless of your working status. The idea is that sale proceeds up to $300,000 per person can be put into super to help fund your retirement. Who is this helpful for? Anyone […]
What if the government doesn’t need to repay its ‘debt’?
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 […]