With ongoing interest rate cuts over the last three years, and proposed changes to the Superannuation laws, it can be difficult to know whether your savings should be put towards paying off your mortgage or building your Super balance. Read on to find out more and calculate your options with the ASIC Super v s Mortgage Calculator.
Matthew Lane WINS 2016 'Excellence in Advice' Award
EOFY Super Checklist
Timing is everything
Supersize your savings for retirement
2016 Federal Budget
The 2016 Budget was mooted to be a benign budget with some changes to superannuation and heavy increases for smokers being the key points to be aware of. As the budget was released, the actual reality was in stark contrast to pre-budget anticipation. The major changes that have been implemented are in relation to superannuation and these changes will have an impact on our clients’ plans that are in place and also those plans that are being implemented into the future.
Australia: Are we living beyond our means?
Australian household debt has tripled over the last 25 years, growing at an annual rate of 10.3%. Household debt now equates to over $2 trillion.
While Australians may now be more comfortable living with higher levels of debt, there needs to be a balance with preparing for the unexpected and planning to be able to live the lifestyle of your choice in retirement.
Travel plans for 2016
Become Financially Fit for 2016
Your New Year’s Resolutions may have included a plan to get in shape or improve your physical fitness... but have you considered your financial fitness?
Like exercise, setting aside time to review your finances is important, and the time to start is now. We believe achieving financial independence starts with just 7 fundamentals.
Planning for Change
If your personal or family situation has changed, it will very likely impact on your financial position.
2016 may bring new opportunities… a new job, increased salary, or maybe you are planning to start a family. Children starting school or finishing school can impact on your cash flow… either depleting it or as school fees come to an end make extra cash available to fund other things. For recent empty nesters, this year may be your opportunity to finally implement planning for your retirement.