Can I Afford To Retire?

Can I Afford To Retire?

Possibly the most common question people approaching retirement have is “Can I afford to retire?” And “Will I have enough income to live on in retirement?” Obviously the answer depends on how much income they will need. If they only need a modest income and have a lot...
Choosing Investments

Choosing Investments

Last week this blog set out a simple path for wealth building over a working lifetime, from almost no assets as a young person to financial independence at retirement. The path requires some complex choices to be made. For example, once a person has bought a home and...
The Road to Wealth Accumulation

The Road to Wealth Accumulation

The typical 25-year-old Australian probably has net worth of $10,000 to $20,000, a car worth slightly more than the debt on it and a few personal possessions. Some have negative net worth. The typical 65-year-old Australian probably has net worth of more than...
Cutting the Super Death Benefits Tax

Cutting the Super Death Benefits Tax

Cutting the Super Death Benefits Tax The superannuation rules were changed on 1st July to allow anyone under age 75 to make non-tax-deductible contributions to their super without meeting the work test. They can be retired and still contribute. This provides an...