Ethical investing, SMSF 2022 calendar, Accessing super, Can you afford to retire, Commonwealth Seniors Health Card Q&A, Carer Allowance.
Highlights of the December 2021 edition of the SuperGuide Premium newsletter include:
- THE PARADOX OF CHOICE: The latest super heatmaps show that the best Choice super funds can outperform MySuper funds, but the majority still underperform the benchmark.
- ADDING VALUES TO SUPER: As more Australians opt to align their values with their investments, we discuss what to look out for.
- YOUR 2022 SMSF PLANNER: Download our annual calendar and tick-off your SMSFs to-do list as the year unfolds.
- TURNING ON THE SUPER TAP: Retirement is the main reason for tapping into super, but it’s not the only reason, as we explain.
- ARE WE THERE YET? If you’re wondering if you can afford to retire, our case study will guide you through the calculations.
- YOUR CSHC QUERIES ANSWERED: Many of you had questions about eligibility for the Commonwealth Seniors Health Card. Here’s the drill.
- CARING FOR THE CARER: If you’re retired and caring for a frail partner or parent, this payment may ease the financial burden.
Pension Loans Scheme rebranded, rate reduced, 12% Superannuation Guarantee guaranteed, Super fund merger news, Australians want to work for longer, Younger Australians not confident about their retirement, Switching decisions don’t pay off for superannuants, Super funds and Nukes.Read more
For the first time, members of Choice super funds can see how their fund compares while members of MySuper funds can see if their fund has lifted its socks since last year.Read more
With demand for ethical investments on the rise, more super funds and investment managers are answering the call.Read more
Although defined benefit funds are disappearing in Australia, if you’re lucky enough to be a member, they can offer a valuable way to save for your retirement.Read more
Super funds posted returns of 13% last year, making 2021 the 10th positive year in a row.Read more
At the start of each year we put together a calendar to help you keep on top of your SMSF to-do list for the next 12 months.Read more
Before you set out on your SMSF journey, you will need a road map known as a trust deed.Read more
Corporate trustees are becoming increasingly popular with SMSFs, but an individual trustee structure also has its merits.Read more
An annual audit is one of the necessary chores associated with running an SMSF, but it can save trustees from inadvertent and costly breaches of the rules.Read more
Just because you’ve chosen a DIY fund, doesn’t mean you have to do everything yourself. But if you choose to do most of the work, there are legal hoops to comply with.Read more
While super is designed to provide income in retirement, there are circumstances when you may be eligible to withdraw some or all of your savings.Read more
If you are itching to retire but not sure if you can start drawing on your super, you need to understand which hoops you need to jump through and when.Read more
If you are unable to ever work again due to physical or mental ill-health, you may be able to tap into your super no matter what your age.Read more
If you are temporarily unable to work due to physical or mental ill-health issues, you may be able to access some of your super.Read more
If you have left your job and left behind a super fund with less than $200 in it, you can withdraw the cash if you don’t want to roll it into another fund.Read more
Temporary residents who worked and earned super in Australia can claim their super payments once they have left the country.Read more
When you start actively planning your retirement, it helps to do some rough calculations to work out how long your super might last under different scenarios.Read more
Online calculators that work out how much you’ll have to spend in retirement are great, but you need to understand the assumptions they use.Read more
We’d all like a crystal ball showing our nest egg at retirement. Failing that, a good place to start could be the retirement estimate on your annual statement.Read more
Take the following 10-question quiz to test your knowledge on how to plan for your retirement.Read more
Sheena Stow-Smith from PensionHelp answers reader questions about super pensions and how they impact the Commonwealth Seniors Health Card.Read more
Retirement planning often focuses on finances but preparing yourself emotionally and practically is just as important.Read more
If you’re retired and caring for an ill or frail partner or family member, the government’s Carer Allowance can provide some useful extra income.Read more
The fear of floods and heavy rain has overtaken that of fires this summer, but Australia will always be prone to natural disaster, which makes home and contents insurance – at the right level – essential.Read more
The Home Equity Access Scheme (previously known as the Pension Loans Scheme) facilitates a loan from the government against the equity in your home.Read more