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About two-thirds of Australians are entitled to at least a partial age pension1, so most of us need to understand how it works and determine what role we want it to play in our retirement plan. The age pension provides key benefits to retirees. It pays an income stream until death that is adjusted for...
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There are ways you can help your children by encouraging positive behaviour when it comes to their personal finances. We all love our children. So it can be tough to admit they may not be great with money. But be honest, do any of these ring a bell? They keep running out of money before...
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Are you contributing enough to super? Recent research highlights the reality that most members of large super funds do not make voluntary contributions. How Australia Saves 2019, a collaboration between Vanguard and three major funds – First State Super, Sunsuper and VicSuper – examines how over 2.3 million members of these funds managed their super,...
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Dividends but no real investment One of the simplest yet most effective investment scams is the ponzi scheme. The promoter promises investors a return on investment and says it is secure, but there is no real 'investment'. The promoter convinces people to invest with their scheme. They then use the money deposited by early investors...
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A state-of-the-nation report on the barriers to women investing. The research underlying this white paper was carried out via an online survey developed by CoreData, in conjunction with Fidelity International. The survey was sent out to CoreData’s proprietary panel of consumers with a minimum of $20,000 in investable assets outside of super. The survey was...
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Older Aussies can put up to $300,000 into their super using the money from the sale of their main residence, regardless of caps and restrictions that otherwise apply. If you’re aged 65 or over and are looking to boost your retirement savings, you can make a tax-free contribution to your super of up to $300,000...
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By Flying Solo contributor Fiona Adler Lots of us walk around knowing inside that we have untapped potential and ideas for what might be possible in the future, but turning these thoughts into a reality is where we fall down. We know goal-setting is important, but how do we actually set goals so that we’ll...
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Investors should be realistic. This means being realistic in setting their long-term goals, being realistic in their expectations for investment returns and being realistic in their spending habits. Critically, the reasons for being realistic with your goals, return expectations and spending are indelibly linked. Being unrealistic in any of three may throw the others off...
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If your other half is a stay-at-home parent, working part-time or out of work, find out how 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...
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By Flying Solo contributor Andrew Griffiths One of the most common challenges facing many of us in business is getting stuff done. It feels like there are more tasks continually being added to our day, resulting in working more hours. And when it comes to those bigger projects that are really important to us, the...
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