Updating Your Will Nobody really wants to think about what happens after they pass on, but it is vital that you do keep your will up to date, so that when the time comes, your estate can be handled quickly and broadly in line with your wishes. So here are some simple steps
Five Keys to a Successful Retirement There’s something about Spring that just makes you feel really happy to be alive and so with that I thought I would put together some pointers as to what everyone should do to make the most of their retirement years. Firstly, stay as fit and as healthy as possible.
Making your Super Count The single biggest issue I face is ensuring clients make the most of the opportunities contained within superannuation and those opportunities are significant when you retire, as all the assets held within super become tax free. So even if you have a modest amount in super, it is possible if
The No-Regrets Retirement Newsletter While there is always lots to discuss in this newsletter, I would like to begin by drawing everyone's attention to the new, upgraded company website, Patriciahoward.com.au For existing clients, it now includes a new log-in portal so you can access your investment accounts, both super
Change in minimum pension settings During the pandemic, the Federal Government was concerned what impact the pandemic related closures would have on the financial markets and with that, how it might impact on Australians’ retirement savings. In response, the Government felt it was reasonable to expect investment returns would be lower than in previous years,
The No-Regrets Retirement Newsletter While we are still getting use to the disappointment of cancelling the 2026 Commonwealth Games, there seems to be a bit of hope that while interest rates might still nudge a big higher, it does not look like the economy will avoid falling into recession. August of course is the
Age Pension Asset Test If there is anything good to say about the recent spike in inflation, it is that it has prompted the Federal Government to upwardly review the figures it uses regarding the asset test, when calculating age pension entitlements. While it won’t have much impact on those already receiving an
Boosting your super A recent report by the leading accounting firm, Deloitte’s, found financial ignorance is the biggest single issue facing older Australian’s planning their retirement, followed closely by the fear that they don’t have enough money to retire. The two issues of course go hand in hand. Most people
Why is low unemployment a bad thing? Later today the Reserve Bank will meet yet again to determine whether it should continue to push interest rates higher in its continued attempts to bring inflation down or sit on its hands and do nothing as it has for the past two months. Interestingly most analysts believe the key
The No-Regrets Retirement Newsletter So with winter now well and truly upon us, the outlook for the Australian economy appears just as bleak, with interest rates still rising and little to suggest that will stop anytime soon. While you will read in my latest economic run down that the local rate of inflation has
The No Regrets Newsletter Yet again it feels we have raced into the middle of the year, with the weather turning decidedly chilly and the end of the financial year almost upon us. As a result, I thought it timely reminder to anyone who still has assets in a self-managed superannuation to really
Should you be receiving the age pension? My father looked upon the age pension as a sophisticated savings account. He felt he had worked hard all his life and paid more than his fair share of taxes - taxes that the Federal Government effectively kept aside for his old age. That once he reached pension age, he was
