Retirement and your mental health

Retirement and your mental health It can be hard to stay engaged and keep a positive outlook in retirement, but advances in technology can help enormously. For example, if you are interested in volunteering, websites such as Good Company can instantly put you in touch with hundreds of opportunities, charities and individual projects. Or other options such as renting out a spare room on Airbnb or driving for Uber will not only contribute to keeping you more connected, you can also …

Your guide to getting the right personal insurance

Your guide to getting the right personal insurance Knowing you’re covered for what life has in store can really take a load off your mind. Our no-nonsense guide to personal insurance can get you on the right track to choosing cover that gives you peace of mind.   Online source: Produced by The Financial Financial Planning Association of Australia and published on 20 November 2017.  Original article.  

7 ways to boost your super

7 ways to boost your super Investing in your super now may help you live the life you desire in retirement. By the time you retire, your super will likely represent one of your biggest assets. It’s real money and it’s your money, so putting some thought into making contributions today may help you achieve the lifestyle you want in retirement. But remember that the money you contribute into super will be subject to preservation …

Why it pays to contribute to your partner’s super

Why it pays to contribute to your partner’s super If your other half is a stay-at-home parent, working part-time or out of work, adding to their super could benefit you both financially. If your spouse (husband, wife, de facto or same-sex partner) is a low-income earner or not working at the moment, chances are they’re accumulating little or no super at all to fund their retirement. The good news is, if you want to help …

Share financial goals to make your relationship stronger

  Share financial goals to make your relationship stronger When money can be such a big source of stress and conflict in relationships, it makes sense to get on the same page with finances. Our guest contributor, James Trethewie Financial Planner AFP®offers some important advice to help couples succeed in sharing and achieving their financial goals. So you’re convinced that love conquers all and money matters can’t possibly come between you and your partner. Some …

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 …

How to work out your retirement number

How to work out your retirement number The amount of money needed for retirement is not one size fits all. How you’d like to spend your retirement is as unique as you. From the big life changing goals, to the smaller, more personal ones that give your life meaning. There’s no defined age you must retire by, and it isn’t just about your finances. Your state of mind, where you’d like to live, how you …

How mortgage stress could impact your share portfolio

How mortgage stress could impact your share portfolio Investors in the local share market should be on high alert for signs of risks creeping into their portfolios as mortgage stresses may start mounting on younger families into next year, says Dermot Ryan, AMP Capital’s Equity Income Fund Co-Portfolio Manager. No sooner have we seen slight mortgage increases from the banks do we see a swath of profit downgrades from listed companies who sell to young …

Helping your kids buy a home

Helping your kids buy a home Increasing house prices are good news for property owners but can be a bit of a hurdle for people trying to get into the market. If, like many of our clients, your goal is to help your children buy a home, there are a few ways you can help. Perhaps some of the tips below might give you an idea or two to discuss with your adviser. 1. Start …