Blog – Maddern Financial Advisers

Be ahead of the news in accounting, private wealth and finance

How to make retirement less taxing

How to make retirement less taxing

Team Maddern
16/Mar/2017
Planning your retirement isn’t just about what you are going to do once you stop work. It’s also about planning the actual process to make the most of your accumulated wealth. This includes tax planning. After all, the less tax you pay, the more you can spend on the things that matter most to you […]
Countdown to super deadline

Countdown to super deadline

Team Maddern
06/Mar/2017
The clock is ticking for investors who want to take advantage of the more generous tax concessions available in super this financial year. As of July 1, new rules come into effect that will reduce contribution limits. Until then, individuals under 65 can make a non-concessional (after-tax) contribution of up to $540,000 under the bring-forward […]
How to achieve early retirement

How to achieve early retirement

Team Maddern
21/Feb/2017
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 […]
Beware of Pension Pressure

Beware of Pension Pressure

Team Maddern
07/Feb/2017
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 […]
Essential updates to Centrelink Age Pension

Essential updates to Centrelink Age Pension

Team Maddern
12/Sep/2016
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 […]
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

Team Maddern
25/Aug/2016
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 […]
Self worth = net worth

Self worth = net worth

Team Maddern
04/Jul/2016
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. […]
Aged Care in Australia

Aged Care in Australia

Team Maddern
10/Sep/2015
One of the most difficult personal challenges in life is making the decision for a loved one to go into an aged care facility. It is typically an emotionally-charged time for an older person who is both leaving the comfort of their home and some level of independence, which can be made more difficult by […]
Still time for 50+ to financially prepare

Still time for 50+ to financially prepare

Team Maddern
01/Sep/2015
The last baby boomers turned 50 this year and many are facing an uncertain retirement on the financial front, however there is still time to make a big difference to your financial future at this age. This age group won’t be able to access the government aged pension until 69 or 70 according to planned […]
Growing retiree numbers highlight the importance of using retirement planning tools: ASFA Retirement

Growing retiree numbers highlight the importance of using retirement planning tools: ASFA Retirement

Team Maddern
11/Mar/2015
ASFA released the December Quarter Retirement Standard last week, and it was no surprise to learn that older couples wanting to live a comfortable retirement will need to spend $58,364 per year, up 0.1 per cent on the previous quarter. With the Intergenerational Report illustrating an increase in the number of retirees and predicting people […]