What’s happening in the global economy in 2024
2nd April 2024
Superannuation
So, you might need a lot more money for your retirement than you think. Unless you’re counting on a lotto win or growing your own personal money tree, super can help you enjoy your retired days by allowing you to maintain a good standard of living, which isn’t achievable by receiving just the Age Pension.
Retirement
Retirement means different things to different people. We all have different ideas of what the second half of our lives looks like and that’s why planning for your retirement is so important. Putting money into super now can still be a tax effective way to invest your money for the future.
Investments
If you’d like your money to start working for you, it’s time to learn about investing. Everyone has different needs and circumstances but here are some basics to consider. Of course, we recommend you contact us before you start putting your money into any form of investment.
Life Insurance
Life's full of surprises, and not all of them are good. That's why being prepared for the unexpected is crucial. Think about it: an accident, illness, or worse, the loss of a family member who earns, can really shake up your family's financial world.
Income Protection
Most of us rely on our jobs for a steady income. But what if an injury or sickness stops you from working? That's where income protection steps in. It’s a backup plan that offers peace of mind, knowing you'll still have an income even if you can't work.
Self Managed Superannuation
Self-managed super funds (SMSFs) are a way of saving for retirement. SMSFs are one of the fastest growing sectors of the Australian super industry. SMSFs give people full control of their own super fund, including all the legal and tax responsibilities associated with doing this.
Debt Management
Borrowing money is easy these days and that’s why it’s even easier to get into debt. But, not all debt is bad debt. Having a debt management plan in place and understanding the different between good and bad debt could help you make better financial decisions.
Estate Planning
Estate Planning gives you the peace of mind that the people you care about are looked after if something happens to you. You should consider estate planning if you have assets, whether it’s a house, superannuation, investments and/or a business. More than just a Will estate planning helps you arrange your assets so that your life savings end up in the right hands, at the right time.
Aged Care
The financial issues of aged care are complex and you need to obtain an accurate understanding of the facts as they apply to you and your unique needs. Just getting a basic understanding of what forms to complete, when to complete them and where to send them can be a difficult path the navigate.