As geo-political tensions tighten in the Ukraine, economies around the world are reeling from mounting energy prices, soaring costs of living and in a desperate attempt to bring down inflation, and higher interest rates.
Sequencing risk is the risk of experiencing poor investment performance at the wrong time, typically when an investment portfolio balance is at its greatest. Sequencing risk is particularly important during the later part of the accumulation phase in superannuation and is particularly pertinent to Pre and Post Retirees.
Planning for your retirement isn’t something to be put off until the last minute. It takes time, patience, some investing smarts, and usually a bit of assistance from the professionals.
Residential aged care is a way for older Australian citizens to live in comfort whilst also receiving the daily care that every person needs. When living alone at home is no longer possible, residential aged care is set up to provide comfortable accommodation or in-home care and a range of other services to help with day-to-day tasks, personal care and hygiene, and any health problems.
Superannuation, or super, is a percentage of your income put aside by your employer over your working life to help fund your retirement. It’s a compulsory system in Australia that requires contributions to be made, most commonly, into either an APRA-regulated retail or industry superfund (run by a board of trustees) or an ATO-regulated self-managed super fund (run by the members).