How to achieve early retirement
How to achieve early retirement Spending more time with your family. Picking up a brand new hobby. Exploring exotic destinations for longer than your scant weeks of annual leave would allow. However you paint it, retirement is a beautiful goal to work towards. And starting early means you’ve got more time and energy to enjoy it. Early retirement has become […]
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Beware of Pension Pressure
Beware of Pension Pressure Changes to the pension assets test that came into force on January 1 have resulted in some retirees losing some, or all, of their pension entitlements. The big question now is whether the tighter assets test will encourage people to change the way they plan and behave in the years leading up to retirement to […]
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Essential updates to Centrelink Age Pension
Essential updates to Centrelink Age Pension From 1 January 2017, there are some important age pension changes that could impact your benefits and warrant some pre-emptive action. What’s changing? The lower asset threshold that determines your eligibility for the full age pension will increase. This threshold varies, depending on your relationship status and whether or not you own a home. It’s […]
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Boost to voluntary savings required to achieve comfortable retirement: ASFA Retirement Standard June
Boost to voluntary savings required to achieve comfortable retirement: ASFA Retirement Standard June Retirees have experienced a slight increase in the cost of living in the June quarter, according to the Association of Superannuation Funds of Australia (ASFA) Retirement Standard. The ASFA Retirement Standard June quarter figures indicate that couples aged around 65 living a comfortable retirement needing to spend $59,160 per year and singles $43,062, 0.4 per […]
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Self worth = net worth
Self worth = net worth How to build confidence and change your financial direction At the start of the year, many people reassess their finances in preparation for the year ahead. This inevitably involves a review of income sources. For many people, this is a bit of a sore spot as it can cause doubt or regret about career choices. […]
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