Maintaining your lifestyle

Maintaining your lifestyle What is retirement income? During your working life you receive regular income in the form of a salary or business income. In retirement, this regular income stops, so you need to draw on your savings to meet your lifestyle costs. You set up your savings so you still receive regular payments, just like a salary. This is called a ‘retirement income stream’. The type of income stream you can start at retirement …

What to consider when investing in a low return world

What to consider when investing in a low return world Identifying market dislocations is something that requires investment expertise For some investors, volatility matters. When approaching retirement, volatility tends to matter more owing to sequencing risk. In the video below, we assess some considerations for investing in low return world. Share market volatility is expected to remain elevated Investment market volatility is essentially triggered by uncertainty around market fundamentals such as economic growth, earnings, dividends …

Get ready for the first year of retirement

Get ready for the first year of retirement Will you be a honeymooner, a go-getter or a relaxer? The first year of retirement is one of transition in which you will need to adjust to major changes that can bring big rewards. Some of the changes may include; preparing mentally for the shift to not working full-time, adjusting to not getting a regular salary, ensuring your money can last for about 30 years and keeping …

Why your kids won’t listen to money advice

Why your kids won’t listen to money advice …and how you can bring them around Every parent wants the best for their children but kids often won’t listen to the wisdom of your experience, especially when it comes to money. Don’t give up! Here are some of the common beliefs and misconceptions kids have about managing money—and how you could get them to take your advice. 1. Money buys happiness This is one of life’s …

Investing in your future

Investing in your future What is superannuation? Superannuation, or ‘super’, is a way to save money for your future. It is important to understand how much super you’ll need, and how to best manage the money for your retirement…. Read More>>>   Download the free PDF file

Put your backyard to work

Put your backyard to work Across Australia, the granny flat is currently experiencing somewhat of a construction boom. And it’s not hard to see why. Rising property prices, coupled with an ageing population, have resulted in an increased demand for multi-generational and multi-dwelling living. These popular and relatively affordable buildings offer considerable lifestyle benefits for homeowners. At an average cost of $100,000i, they can be used as a home office, a teenage retreat or even …

Understanding financial advice

  Understanding financial advice How advice can help you own your tomorrow What are your financial goals? Your financial goals are unique to you. Whether you’re thinking about taking your finances to the next step or planning for retirement, there’s help available. A financial adviser can put a fresh perspective on your current financial position and what it will take to achieve your goals.  The value of advice We think an adviser is like a …

Financial advice

Financial advice We’re committed to helping you achieve your financial goals Why AMP… Why FinancialPartners (Tas)? FinancialPartners (Tas) are AMP financial advisers, we are committed to providing you with quality financial advice and services based on your needs, goals and current situation. What makes us different? FinancialPartners (Tas)… We are part of AMP Australia’s largest financial adviser network, with more than 4,400 aligned and employed advisers across Australia. We provide training, support, research and ongoing development …

To sell or not to sell?

  To sell or not to sell? For many Australians, the family home is their largest asset. And if you’re planning to wind down from work, you may be considering what you’ll do with yours. Like many people, you may have worked for a lifetime to build the value you hold in your family home. While selling your home may not be your first choice, if your super balance is low this may be one …