I’ve inadvertently witnessed hundreds of case studies over the last 20 years or so. It is not very often, that somebody has access to detailed and accurate financial information over such a long period of time. But I have been in the fortunate position of giving business advice to many pharmacy owners, some I…
Right now, Australia’s superannuation system is valued at about 2 trillion dollars. It’s the primary safety net for millions of Australians, yet many don’t know what exactly their super is doing, or how to use it to build a better nest egg for retirement. Why do you need to build a better retirement nest egg?…
With your working life out of the way, now is the time for to knock some of those travel goals off the bucket list. The world is filled with wonderful places to visit that are seniors-friendly, and while your appetite for high energy adventures might have dulled a little, there are still plenty of places…
Tax time rolls around every year at the end of June, and there’s simply no avoiding it. It can be a difficult and time consuming process for many, though there are a number of simple things that you can do throughout the year that will make tax time far less painful than it might otherwise be.
Buying a house for the first time can be overwhelming, even when you’re a senior citizen. From choosing a real estate agent to finding the right property and applying for a home loan, it’s crucial that you understand every step of the home buying process to ensure a successful purchase. If you missed the chance…
While startups are often associated with young entrepreneurs in the tech field, senior entrepreneurs over 50 are probably more common than you expect. For the senior entrepreneur turning a great idea into a bootstrapped business, an angel investor can mean the difference between success and failure.
Downsizing is a great way your can ensure your residence matches your current lifestyle needs. Plus, it’s a way to free up equity for others investments, major purchases, or retirement.
As you may be aware, the federal government in the last budget signalled significant changes to how your entitlement to the aged pension is calculated under the “assets test”. These changes are due to come into effect from 1 January 2017.
With tax lodgment due dates approaching, you might be wondering whether you should use a tax agent to prepare your return, or attempt doing it yourself. Whether you have simple or complicated tax matters, it’s well worth considering a tax agent – the one-off cost of having a professional prepare your return is most likely…
In May 2016 the Coalition’s federal budget was announced. The proposed changes, which are contingent on the Coalition government being re-elected and the legislation being passed, include a $1.6 million limit on pension phase balances and new concessional contribution rules. In all, there are a few changes that could significantly impact pensions, retirees, and older…