Category: Money & Life – Work & Retirement

Should I still change jobs despite COVID-19? | Money & Life

Should I still change jobs despite COVID-19? With pandemic lockdowns in place across much of the country, is now still a good time to look for a new job? After falling to a 10-year low in June, the unemployment rate is again tipped to edge higher. So what does the future hold for Aussie workers? Go back a month or two and you’d be forgiven for thinking we were on the fast track to pay …

Blog / FP - Financial Planning / Money & Life - Work & Retirement / Money & Life by FPA   / / / / / / / / / / /

How to negotiate better work perks | Money & Life

How to negotiate better work perks With the COVID-19 pandemic taking hold again, many employers aren’t in a position to hand out pay rises, no matter how hard you’ve worked. If that’s the case in your role, it’s worth asking for other non-financial benefits that can improve your work and home life. Negotiating a pay rise or salary package is nerve wracking at the best of times, let alone during a pandemic. And, while you …

Blog / FP - Financial Planning / Money & Life - Work & Retirement / Money & Life by FPA   / / / / / / / / /

Supporting your kids, without sacrificing your own retirement | Money & Life

Supporting your kids, without sacrificing your own retirement With careful planning, you can give a helping hand to your adult children financially, while still enjoying a comfortable retirement. In the past, wealth was often passed on through an inheritance. But with our longer lifespans, and the higher cost of living (especially housing), the desire to help our kids while we’re alive and well is increasing. If your children are young, you may have twenty or …

Blog / FP - Financial Planning / Money & Life - Work & Retirement / Money & Life by FPA   / / / / / /

The superannuation health check | Money & Life

The superannuation health check Does your super deserve a clean bill of health? Managing your super might seem tricky, but it doesn’t need to be. With a few simple tweaks, you can put the basics in place to last you a lifetime. Here’s how to do a quick and easy health-check on your super. It’s likely that your super will provide much of your income in retirement, so it’s worth spending a little bit of …

Blog / FP - Financial Planning / Money & Life - Work & Retirement / Money & Life by FPA   / / / / / / /

Getting your super back on track | Money & Life

Getting your super back on track If you experienced financial hardship in 2020, you may have decided to withdraw from your superannuation balance to tide you over. Find out what you can be doing to top up your super and keep your retirement savings on track. In 2020, the Federal Government announced a number of different types of support for Australians in financial difficulty due to the COVID-19 pandemic. For people who lost their jobs …

Blog / FP - Financial Planning / Money & Life - Work & Retirement / Money & Life by FPA   / / / / / / / / /

Super milestones to hit in your 20s, 30s and 40s | Money & Life

Super milestones to hit in your 20s, 30s and 40s It’s never too early or too late to start planning for life after work, but where do you start? If you’re feeling unsure about how your super stacks up, take a look at our simple guide. While there’s no ‘one-size-fits-all’ approach to superannuation, it can help to understand what you need to focus on at each stage of life. Endura Private Wealth director Craig Stobbie …

Blog / FP - Financial Planning / Money & Life - Work & Retirement / Money & Life by FPA   / / / / / / / / /

Super – so what? | Money & Life

  Super – so what? For some people, super may be the most valuable asset they’ll ever have. So it makes sense to know how much they have and how it’s invested. But it’s very often the case that young people, in particular, see super as being something that’s of low concern. So how can the super industry get young people interested in something they won’t benefit from for years to come? With home ownership …

Blog / FP - Financial Planning / Money & Life - Work & Retirement / Money & Life by FPA   / / / / / / / / /

Superannuation 101: Your guide to a happy retirement | Money & Life

Superannuation 101: Your guide to a happy retirement Superannuation is a handy way of saving for retirement, so that you’ll have an income to live on once you’re no longer working. With Aussies living longer than ever before, you could be looking forward-to many happy years of retirement. Having a financial nest-egg to support you into old age is essential. Australia’s superannuation system is a highly regulated and efficient way of saving for your retirement. …

Blog / FP - Financial Planning / Money & Life - Work & Retirement / Money & Life by FPA   / / / / / / / / /

Putting your own needs first | Money & Life

Putting your own needs first It’s a confronting thought, but elder abuse is more common in families than in aged care facilities. The most likely form is financial, and it often results from well-intentioned plans that go wrong. Here are some ideas on how to help your family avoid the pitfalls. It’s a win-win idea. A parent sells their home to move in with their adult child’s family, providing cash for the deposit or renovations …

Blog / FP - Financial Planning / Money & Life - Work & Retirement / Money & Life by FPA   / / / / / / / / /

Making the most of tax savings before 30 June | Money & Life

Making the most of tax savings before 30 June The COVID-19 crisis is turning out to be a tough time for many households. Maximising tax effectiveness is one strategy for being smart with your finances. With the financial impact of COVID-19 being felt by many individuals and families, perhaps you’re looking to lodge your next tax return quickly to benefit from a refund. Before the end of the financial year arrives on 30 June, it’s …

Blog / FP - Financial Planning / Money & Life - Work & Retirement / Money & Life by FPA   / / / / / / / / /