Gender plays a significant role in shaping financial outcomes in Australia, particularly when it comes to superannuation. Women consistently retire with smaller super balances than men, a disparity with serious consequences for financial security and independence in later life. Understanding the causes of this gap and the strategies women can use to boost their super … Continued
Thinking about making changes to a loved one’s accommodation can be emotional, particularly when it relates to a loss of independence or mobility. Where circumstances are appropriate, a granny flat right may provide much-needed support and care for an elderly family member. This arrangement is often used by older people to secure housing while maintaining … Continued
No-one likes to talk about getting old, but when you or a family member needs help, there’s no getting around it. Many of our clients want to know what choices they have in their older years – and before the crisis hits. When should you start thinking about aged care?Any age is a good time … Continued
Does It Pay To Downsize? Recently, two separate pieces of legislation were passed by the federal government, the combination of which is set to supersize the incentive for retirees to downsize their homes in 2023. One key change is lowering the eligible ages for making a superannuation downsizer contribution from 60 to 55 from the … Continued
Are you approaching retirement? Chances are the funding of your lifestyle in retirement may be on your mind. It’s important to take steps now to avoid getting caught short on retirement income and live the retirement lifestyle you want. The qualifying age is increasing by six months every two years until it reaches 67 in … Continued