How the wealthy invest, SMSFs vs Member Direct, Home Care Package costs, Choosing a retirement calculator, Putting an inheritance into super
Highlights of the August 2019 edition of the SuperGuide Premium newsletter include:
- HOW THE WEALTHY INVEST: Want to know the secrets of what the cashed up do with their money? We look at how the well-off invest and the results may surprise you…
- PUTTING AN INHERITANCE INTO SUPER: What should you do with an inheritance? Is it better to pay off your mortgage, pay down debt or put it into super? We look at the pros and cons of different strategies so you can make the most of an inheritance.
- HOW INFLATION AFFECTS YOUR RETIREMENT INCOME: Inflation can rob you of your super over time. Find out how it happens and what you can do to stop it.
- WHAT TO DO WHEN A MEMBER LEAVES A SMSF: Breaking up can be hard to do – especially when a member leaves a SMSF under less than amicable circumstances. Here’s how to avoid the pain up front.
- SUPER PERFORMANCE AND RISK: Super is a risky business. But how much risk should you take – and how can you calculate the real risk involved in your investments? We look at how to measure risk and use it to your advantage.
- SELLING A BUSINESS BEFORE RETIREMENT? Business owners face a lot of big decisions when planning their retirement. We talk to a transition expert who helps business owners who are looking to retire, set themselves up for success and outline the pitfalls to avoid.
- PLANNING SPENDING FOR THE THREE STAGES OF RETIREMENT: Research shows that there are three clear stages in most people’s retirement, and they all need a different budget. Find out more, so you can plan your retirement spending better.
SUPERANNUATION
Super news for August 2019
APRA to rate super funds, ATO cracking down on SMSF diversification and Australians working longer.
Super fund performance: Monthly returns to March 2024
Super funds continued their positive run in March, with the median Growth fund up 1.9% over the month.
Single women and super: How 3 women beat the statistics
Older single women face increasing challenges to building a superannuation balance that can adequately support them in retirement.
Getting to know your super fund and what it can do for you
Increasingly super funds offer support through education, advice, apps and rewards – find out if your fund stacks up in terms of what it does for you.
The pros and cons of investing your inheritance into super
Deciding whether to invest an inheritance into super can be tricky, so it’s important to think through your decision carefully.
How to read a super fund PDS
Are you and your super fund a perfect match? All will be revealed in your fund’s product disclosure statement.
Taking your super early due to ill health? 7 tips to help
Retiring early due to poor health can really have an impact on your retirement plans and finances, so here’s 7 tips on what to consider.
Quiz: Super for beginners
Does super bamboozle you? Take this quick quiz to learn some of the super fundamentals.
SMSFs
Member direct vs SMSFs
Many large superannuation funds now offer a member direct option which can be a good training ground for anyone considering an SMSF.
Single touch payroll (STP): What are the implications for SMSF trustees?
Single touch payroll (STP) reporting is a streamlined way for employers to provide the Australian Taxation Office (ATO) with payroll information, that is, pay as you go (PAYG) withholding and superannuation guarantee information.
What to do if a member wants to leave an SMSF
If there’s one thing certain in life it’s this – things change. If you or another member of your SMSF want to take your leave, strict rules apply.
RETIREMENT
How to navigate the different phases of retirement
Retirement planning often focuses on finances but preparing yourself emotionally and practically is just as important.
Need care at home? We look at the costs
Government funding is available for older Australians who want to remain in their own home with in-home care, but you need to know where to look.
How inflation affects your retirement income
Worrying about your household budget is something we all do at times, but retirees can’t easily replenish their savings, so rising prices and inflation can represent a big challenge.
How to plan your spending through the 3 stages of retirement
Research shows your spending in retirement depends not just on how much you have in your nest egg, but also on the phases you go through as you age.
How to get ready for retirement if you own a business
It can be easy to put off retirement planning when you are caught up in the demands of running your own business, but it pays to plan ahead if you want to make the most of all your hard work.
How to select a retirement income calculator
Choosing the right calculator to work out your retirement income is important, as different calculators work on different assumptions, allow different inputs and provide different results
INVESTING
How the rich invest
Have you ever wondered how the rich invest? Very cautiously is the answer.
Platforms and wraps: Benefits and downsides
Investment platforms have been around for a while, but they are being forced to innovate to attract and retain new investors.
Top 10 Balanced super funds ranked by risk and return
While all super funds aim to deliver good long-term returns, some also strive to smooth short-term fluctuations along the way to take some of the worry out of investing for their members.
The Sharpe Ratio: Risk-adjusted returns and your super
We all want to earn top notch returns from our super fund, but at what level of risk? This is how you find the sweet spot.