As a business owner, you may find yourself investing every spare dollar into your enterprise, with little left to contribute to your superannuation. While this approach might make sense in the short term, relying solely on your business as your retirement nest egg carries significant risks. If you’re approaching retirement age, now is the time to reconsider your superannuation strategy and ensure you’re building a secure future for yourself and your family, independent of your business.

As the cost of living rises, many Australian families are exploring the idea of multi-generational living. This approach offers financial benefits but also requires careful planning to ensure everyone involved is protected. However, the conversation around generational wealth goes beyond just property sharing. It's about long-term strategies that help preserve and pass down wealth to future generations.

Inflation, rising home loan interest rates, soaring property prices, and the current housing crisis are significant worries for pre-retirees. Additionally, many are dealing with adult children who may not move out soon, market volatility, and the pressing question: "Will I have enough to retire?"

As the end of the financial year approaches, working professionals planning for future wealth should review their financial strategies to make the most of available opportunities.

Over the years we’ve advised a number of young professionals (and retirees as well) who have returned home after spending time abroad and let’s just say, navigating the complexity that is foreign asset transfer can be tricky. 

When it comes to investment outcomes, patience is almost always a virtue. This is especially true for long term investors who are prepared to ride the sometimes considerable waves of share market volatility. 

Tax-effective financial strategies are always important financial planning considerations, especially now as we face the high cost of living, rising home loan interest rates and making more of what we earn. 

If the rising cost of living has you reviewing your spending and your personal insurance policies are on the chopping block, may we suggest you take a moment and give us a call before you cancel.

Debt often receives a bad rap. Rising interest rates over the past year have done little for its reputation, however when debt is part of a clear financial planning strategy, it can contribute positively to achieving lifestyle goals and personal wealth.

If you control your family’s money, you’ll be very aware of the responsibility it brings and not just in terms of financial planning, tax and legal matters. What’s recently become known as intergenerational wealth transfer also needs careful consideration.

Superannuation still provides very worthwhile tax effective financial planning and retirement saving benefits, and importantly, not all rule changes are to your detriment.  Here we explore three rules that could be of considerable benefit…

You’ve worked hard throughout your life and now your thoughts are more often turning to savouring the fruits of your labour. Our role as qualified and experienced, financial planners is to empower your retirement planning decision making so you can do just that.

It’s an important question, and if you’re not 100% sure about who will receive your superannuation balance and any other wealth you may have accumulated when you die, then it’s time to check your superannuation fund binding nomination, estate plan and powers of attorney.

At the heart of effective financial planning is a qualified and experienced financial planner working closely with other equally qualified and experienced professionals from different areas of expertise creating great client outcomes. It’s called holistic financial planning, but we call it common sense.

Did you know you could downsize your home and use the proceeds of the sale to upsize your superannuation savings with the Downsizer Contributions Scheme?

The Downsizer Contributions Scheme is now available to eligible people over 60 years of age. In this article we outline THREE reasons why downsizing could be a good option for you.