What if interest rates rise faster than expected? The US Federal Reserve may raise interest rates twice as often as the market expects in 2018, according to AMP Capital Head of Investment Strategy and Chief Economist Shane Oliver. “This year we think the Fed is going to raise rates more than the market is allowing for,” says Oliver. “Market expectations are factoring about two and a half hikes and we actually think they will do …
Sending more to the tax office than you should? Can you keep more money for yourself and work towards being better off from 2017? As the year-end fast approaches, it’s a good time to think about how you can start working towards being better off. Before the end-of-year holidays start shifting into full swing and before you know it you’re splurging your hard-earned money, take a moment to think about whether you can give yourself …
New research shows one in three Australians think retirement is too far away to plan for. That’s a big mistake. Retirement rolls around faster than you think. Take it from me, the day when you’re ready to hang up your work boots is likely to roll around far more quickly than you anticipate, and it pays to be prepared. If you think time passes more quickly as you get older, you’re absolutely right. It turns out …
Retirement still more than 10 years away Retirement can seem irrelevant when you’re in your 30s or 40s. There are so many other things you can do with your money – go overseas, buy a house, raise a family, or just have fun. However, according to research by the Investment and Financial Services Association (IFSA), the Age Pension won’t be nearly enough to fund the lifestyle we’d like when we’re no longer working. So …
