7 tips to reduce your debts before you retire

7 tips to reduce your debts before you retire As your working life draws to a close, your social life and recreational activities don’t have to. If you’re a little anxious about money still owing, here are a few pointers. Ahh retirement! You may have been dreaming about it for decades. You visualise yourself putting away your uniform, high-vis or corporate gear, farewelling that lovely boss of yours and spending the rest of your days …

Speaking up against financial elder abuse | Money & Life

Speaking up against financial elder abuse Australians from all walks of life are being urged to speak up if they suspect they or someone they know are being subjected to financial elder abuse. Marking World Elder Abuse Awareness Day last month on June 15, Elder Abuse Action Australia (EAAA) urged Australians to understand the red flags for financial elder abuse. These include: Unexplained inability to pay bills; Significant bank withdrawals; Changes to wills; Blocked access …

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 …

Budgeting for baby: What you need to know

Budgeting for baby: What you need to know Having a baby is an exciting and life changing experience. But what about the cost? There are many hidden and unexpected expenses that go along with your new bundle of joy. Follow our handy guide to planning your finances, so you can avoid any money worries once baby arrives. No two ways about it, having a baby in Australia isn’t cheap. It also comes at a time …

Don’t want to be retired and in debt?

6 ways to help reduce your debts before you retire As your working life draws to a close, your social life and recreational activities don’t have to. If you’re anxious about money still owing, here are some helpful hints. Ahh retirement! You may have been dreaming about it for decades. You see yourself hanging up the work boots, putting away the laptop, swinging in a hammock by the ocean somewhere (the Croatian coast sounds nice …

How to have a good relationship with your retirement

How to have a good relationship with your retirement “The best piece of financial advice I give, is telling people to treat money in the same way they do their life partner or lover,” says Andrew Heaven, an AMP financial adviser at WealthPartners Financial Solutions. “To have a healthy and happy relationship with your finances, you need to treat money with respect and not take it for granted.” While it might not be the first …

How to prepare for retirement both emotionally and financially | Q&AMP

Retirement is a new and exciting chapter of life. As with any major life change, it’s important to have a retirement plan that prepares you both emotionally and financially for what lies ahead. AMP Capital Senior Economist Diana Mousina and AMP Workplace Education Manager Jess Arambulo discuss why you should spend time preparing for retirement and learn the strategies to employ when adjusting to retirement life. Watch for practical tips on how to prepare for …

Life After Work

Life After Work Retirement is instilling a new level of confidence, with almost two thirds of Australians aged 50 and over saying they are living their best years.i In this video we demonstrate this with some real-life stories. Three retirees talk about what their lives are like after work, including their fears, hopes and dreams for the future. “Nothing like what I dreamt it’d be like – it’s so much better.” Retirees reveal the magic of …

AMP’s Tomorrow Fund 2020

AMP’s Tomorrow Fund wants to support Australians of all ages, walks of life and interests who are working hard to reach a goal that will positively impact their community. Australians working in any field – from art to technology, science to social innovation and sport, health, music and more – can apply for grants of up to $100,000 between 3 March and 15 April 2020. Apply at ampstomorrowfund.com.au or share the link and help us …

5 financial hacks to set you up for life

5 financial hacks to set you up for life With life’s big financial milestones just around the corner getting off to a good start in your 20s and 30s will help set you up for financial freedom later in life. We asked senior financial adviser, Nga Vu, from Kearney Group, for some simple ways to manage your finances each step of the way. Getting married Q: Transitioning from ‘my’ money to ‘our’ money can be tricky. …