Q+A: Self-managed super funds offer flexibility but the cost burden to run them can be tough to swallow. If you’re paying an accountant $5500 and have less than $900k in there, it could be time to shut it down.
Mum needs to move into care. The natural inclination might be to sell up everything, including the family home, to fund a spot in a nice place with great staff. But that could be a huge mistake.
Seniors face a $100,000 rise in aged-care costs when changes take effect next year.There’s also fears the hike could create a supply shortage as families race to move parents in early to beat extra fees.
Ryan earns nearly $205,000 a year as the sole financial provider, and the couple has a net worth of more than $1 million. But they’re stressed about their day-to-day finances.
Like many things in life, you can never have enough life insurance. The difficulty is finding the right balance between what’s needed and how much you can afford. Here’s how to cut your costs.
People with established life insurance policies could be paying a hefty ‘loyalty tax’, which could be a staggering 89 per cent more than they might have otherwise been paying. Here’s why ...
Q+A: Did you know your kids could be up for a 17 per cent ‘death tax’ when it’s time to divvy up your super once you’re gone? But there are ways to move it out of the taxman’s clutches. Here’s what to do ...
More older Australians are bypassing their 'set-up' children in their wills and bequeathing their wealth to their grandchildren facing a cost-of-living crisis.
Q+A: Ever worked in the UK? The clock is ticking on your chance to back-pay missed National Insurance contributions and get an almighty return on today’s small investment come retirement. Here’s how. . .
Superannuation isn’t just a snooze-worthy necessity. It’s your best friend— the one who’s been there for you through every milestone. Here’s how to stay connected at age 21, 35, 50 and on the day you retire.
The bank of mum and dad may not be the lender of last resort you hoped for, with a new report showing the over-50s are the new category of Aussies facing financial stress, with their house and pension at stake.