Can I go back to work if I’ve accessed my Super?

Can I go back to work if I’ve accessed my Super? When you access your super at retirement your super fund may ask you to sign a declaration stating that you intend to never be employed again. But there may be compelling reasons why someone would subsequently return to work. According to the Australian Bureau of Statistics (ABS) the most common reasons retirees return to full or part-time employment are financial necessity and boredom.i Regardless of …

How important is money to your wellbeing?

How important is money to your wellbeing? Having more money should make us happier right? According to a number of different research reports, feeling good about life comes from a feeling of control over your finances, rather than how much money you have. Get tips on how to change your ways to boost financial wellbeing. The wellbeing formula for Australians After spending 15 years exploring what contributes most to the happiness of our population, Australian …

One income or two?

One income or two? Living on just one income can be a challenge whatever the circumstances. For singles and couples, with or without children, budgeting for all your household expenses is easier when you take steps to manage your money in a different way. Juggling work, family and finances When a family of two becomes three, it’s usually the case that one partner is going to drop their income, for a while at least. And …

How to max your tax refund

How to max your tax refund Expecting a refund from your 2017/18 tax return? 77 out of 100 Aussies are likely to get one and many could already have plans to spend it. If you’re one of them, find out how to treat yourself right with your windfall and be better off for good. For most of us, tax refunds rarely come as a complete surprise. In fact, sometimes we might even be using the …

Dealing with redundancy

Dealing with redundancy How you spend your time and money after redundancy can make a difference to your future career and wellbeing. Find out how to plan for your best outcome. When your time at work comes to an end because of redundancy, it can stir up all sorts of feelings, ideas and possibilities. For some it’s a great opportunity to rethink how you want to be spending your time. Fear of the unknown can …

Wedding planning: Budgeting tips for your big day

Wedding planning: Budgeting tips for your big day With the average Australian wedding costing over $65,000, is it more financially savvy to say ‘I do’ or ‘I don’t’ to a big budget wedding? When it comes to planning a wedding, every couple has their dream day in mind, which often includes extravagant flowers, a swanky venue, custom-made wedding attire, unlimited alcohol, vintage wedding cars and the list goes on. While digging deep into your pockets to …

Your wedding windfall

Your wedding windfall The average Aussie couple are spending around $65k on their big day. By making some smart wedding budget choices you could be investing that money for a better financial future. Let’s take a look at how saving $30k on your wedding could help you out with other lifestyle goals. Online source: Produced by The Financial Financial Planning Association of Australia and published on 15 June 2017.  Original article.  

Why an emergency fund should be your first investment (Video)

Why an emergency fund should be your first investment (Video)  Saving money for a rainy day might not seem like the best start to investing for the future, but it’s actually a very important part of any plan to grow your wealth. Find out how much you need and how it could save you from unwelcome debt and stress in the future. Setup a Financial Safety Net. Online source: Produced by The Financial Financial …

Telcos no place to find sustainable dividends in future

Telcos no place to find sustainable dividends in future Australia’s telecoms stocks have recently suffered a stretch that I could only describe as horrible, amid a very challenging industry pricing backdrop. The S&P/ASX200 Telecommunications Services Index has tumbled 33 per cent in the past 12 months alone. Many concerns have driven telecoms stocks lower, but the hazy outlook for dividend payments is what is making me steer clear of this sector for retirees seeking a …

What can I do in my 30s to prepare for the future? (Video)

What can I do in my 30s to prepare for the future? (Video)  Louise Lakomy CFP® Louise has a wide range of experience and depth of knowledge in all facets of financial planning providing advice over 15 years specialising in retirement strategies. As part of the Financial Planning Association’s Ask a Planner video series, Louise Lakomy CFP® answers the commonly asked question, “What can I do in my 30s to better prepare for the …