In recent years, market volatility has once again tested the nerves of investors. From the post-COVID recovery to ongoing geopolitical tensions, persistent inflation, and rising interest rates, many are questioning how best to position their investments for the future. For retirees, the challenge is even greater, finding reliable income while preserving capital isn’t easy in…
The introduction of compulsory superannuation in 1992, embedded the concept of retirement saving into our investment psyche. While Australia’s superannuation scheme has its complexities, the idea is simple: regularly contribute a percentage of earnings to a complying superannuation fund to provide financial support upon retirement. Well, that’s the plan. But what happens if your savings…
We’ve all seen media reports about ordinary Australians losing their entire savings after responding to a phone, email or mail offer that was impossible to resist. While some people may be naïve, scammers are also getting smarter.
Being retrenched from your job can be hard to accept. It is the sudden shock that catches most people unaware but try not to take it personally. Redundancy is usually not about your personal performance; it’s the performance of your employer’s business, the industry sector in which you work, or even the global economy.
Retirement can be an exciting phase in your life but all the recent changes to superannuation bring with them lifestyle and financial issues you need to be aware of as you plan your retirement.