Category: Retirement Planning
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End of Financial Year 2024 Tips
Get ready for the end of the financial year with these handy tips and opportunities. Ensure you make the most of your super contributions, manage your tax, and plan ahead for the new financial year.
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Understanding Centrelink Concession Cards
Community & Engagement, Financial Health, Financial Planning, Personal Finance, Retirement Planning, Support ServicesCentrelink offers several concession cards to help reduce medical and pharmaceutical costs, along with other discounts. From the Pensioner Concession Card to the Commonwealth Seniors Health Card, understanding the different types of concessions and eligibility requirements can help you make the most of these benefits. Ensure your financial well-being by staying informed about your entitlements…
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Five Step Super Health Check
Financial Health, Financial Planning, Investment Strategies, Personal Finance, Retirement Planning, SuperannuationEnsure your superannuation is in top shape with this five-step health check! Consolidate your accounts to avoid multiple fees, review your investment strategy to match your risk tolerance and goals, check your insurance coverage, nominate a beneficiary, and keep your details up to date. These steps will help you maximize your retirement savings and ensure…
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Building better money habits with your kids
Financial Health, Financial Planning, Financial Wellness, Investment Strategies, Life Events, Lifestyle, Lifestyle & Well-being, Personal Finance, Retirement PlanningGenerally speaking, we Australians are pretty financially savvy, that is, we understand the how and why of effectively managing our money. Unfortunately, that doesn’t mean we put that know-how into practice to make astute financial decisions. According to the Australian Bureau of Statistics (ABS), the average Australian household debt has risen by 7.3% (over $260,000)…
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Navigating Retirement: Two Approaches to Financial Independence
Financial Planning, Financial Wellness, Life Events, Lifestyle, Lifestyle & Well-being, Retirement PlanningSteve and Sue Smith have worked hard all their lives, paid their taxes, and now that they have retired, they feel they are entitled to a full age pension. Jenny and John Jones have also worked hard and paid their taxes. However, concerned that Australia’s aging population and ballooning pension bill will make it increasingly…
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What Not to Do in Retirement: Avoid These Common Mistakes
Avoid These Common Mistakes in Retirement Retirement can be a time of immense freedom and opportunity, but it’s important to remember that it’s also a major life transition. While it’s important to focus on what you want to do during retirement, it’s equally important to be aware of what you shouldn’t do. Here are a…
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