To legally access your super in Australia you must satisfy a condition of release. Different conditions of release have different payment conditions and tax implications.
There is excellent advice available that is low-cost, and even no-cost. The government’s Financial Information Service and your super fund are a great place to start.
Most people know good financial advice can help them, but many question whether it’s really worth the money. When it comes to planning your retirement, however, there can be valuable benefits – both in terms of your finances and your emotional wellbeing.
We asked financial advisers to share their top tips. From downsizing your home to changing the way you think about retirement, here’s what they want us to know.
The sooner you start planning, the better your chances of making the most of your retirement years. So get the ball rolling by working through these 7 simple steps.
With politicians continuing to tinker with the rules around super and retirement income, many of us find we need some help to make a decision about these important financial issues. But while knowing you need advice is one thing, figuring out what’s on offer and where to obtain it is another matter. To help, we have created a simple step-by-step checklist to guide you through your financial advice experience.
Independent financial advice has been a topical issue recently, and is likely to become significantly more prominent in the coming years.
If meeting your retirement expenses is proving difficult, reverse mortgages are available to people aged 60 and over. We take a look at some of the benefits and drawbacks of this complex financial product.
By definition scamming is a fraudulent activity that aims to unlawfully take something from you, whether it be your identity, money, property, or to gain other benefits.
Your eligibility for the Australian Age Pension depends upon your age, residency and whether you pass what is known as the “means test”.
Spending during retirement changes the longer you’re retired. Find out about the three stages and how it can impact the amount of money you will need.
According to psychologists, retirement comes in five phases. Find out about these different stages and the best way to navigate them.
If you work for yourself, planning for retirement and deciding what to do with your business can be a minefield. We talk to an expert about what you need to be thinking about and where to find help, so you can make your transition from running a business to retirement stress free.
When we plan for life after retirement, we can often tend to focus on saving for a comfortable standard of living and travel. It can be difficult to factor in anything other than a happy and healthy journey as we get older, even if we know the reality can be very different.
When it comes to your super benefits, tax is always at the heart of it, whether it’s when you make a contribution, or when you take your money out at the other end.