Best places to retire in Australia and overseas
Are you seeking better value for money, or a better lifestyle, in retirement? If so, here’s some retirement locations to consider.
Tag: Australia
Weekly Market Update 25 May 2018
Weekly Market Update 25 May 2018 Investment markets and key developments over the past week The past week has again seen geopolitical issues dominate with renewed trade worries out of the US, the cancellation of the North Korean summit and rising angst around the formation of a populist coalition government in Italy. Despite this US shares managed a slight rise but Eurozone, Japanese, Chinese and Australian shares fell. Bond yields continued to blow out in Italy …
How does housing affordability in Australia rank on world stage?
How does housing affordability in Australia rank on world stage? When it comes to housing affordability, our capital cities haven’t fared well. There are 28 ‘severely unaffordable’ major housing markets that exist internationally1—and of those, Sydney, Melbourne, Adelaide, Brisbane and Perth all rank among the top 212. These are the findings from the 2018 Demographia International Housing Affordability Survey, which assesses housing markets across nine countries including Australia, Canada, China, Ireland, Japan, New Zealand, Singapore, the …
Can you afford a divorce?
Can you afford a divorce? With divorce happening later in life[1], Australians are taking the financial hit that comes with the end of marriage at a time when they’re at the peak of wealth accumulation. While saving money may not be a reason to stay together, it’s worth knowing what kind of impact divorce can have on your financial position. And if separation is on the cards, how can you limit the financial and emotional …
Personal debt – maybe the mortgage isn’t so bad
Personal debt – maybe the mortgage isn’t so bad Household debt in Australia is high but more of us are taking a sensible approach to debt management. Nationally, our household debt ratio is nudging 200%. On paper it means we owe twice as much in debt as we bring home in our pay packets each year. It sounds like an alarming figure but as 74% of all households have some level of debt, the reality …
What’s your side hustle?
What’s your side hustle? Freelance work and the gig economy are on the rise in Australia. If you’re planning to follow the trend by starting your own business or joining Airtasker, here are some things to think about before saying goodbye to your salary. The gig economy is definitely taking off. Australia’s very own peer to peer portal for casual jobs, Airtasker, recorded 1.8 million members in January 2018, up from 950,000 just a year …
Will you be renting in retirement?
Will you be renting in retirement? Is owning your home the best option for your senior years? Discover why renting in retirement could be on the rise and explore some advantages of being a tenant in later life. Being secure in a home you own is usually part of the picture – and costs – of life in retirement. In fact, Retirement Standard figures published by the Association of Superannuation Funds Australia (ASFA) are based on the assumption …
Australians reveal their priority goals
Australians reveal their priority goals Most Australians indicate their biggest life goal is a financial one, but many admit failing to plan is a roadblock. Increased household debt, record-high property prices and the aftermath of the global financial crisis have not impeded Australians’ belief in their ability to achieve their goals. In fact, an August 2016 research paper by The Financial Planning Association of Australia and McCrindle, showed four in five Australians were confident they could turn …
How would your superannuation stack up if paid as a monthly salary?
How would your superannuation stack up if paid as a monthly salary? Your super balance might look good as a lump sum figure, but would it suffice if divided into regular monthly repayments in retirement? Superannuation is likely to be one of the biggest assets most of us will ever own, with expectations it could become the average Aussie’s greatest asset, overtaking the family home, in the coming decades1. If you checked your super balance …
Separating fact from fiction when it comes to superannuation
Separating fact from fiction when it comes to superannuation If you’re wondering whether super is improving retirement outcomes for Australians, we take a look at some of the findings. If you’ve got compulsory super contributions coming out of your wages or salary, or you’re making voluntary contributions, or both, you’re probably keen to know how super is making a difference to everyday Aussies, if at all, given it’s a system that has now been in …