Considering leaving an inheritance?
According to Vanguard (2022), the next 20 to 30 years will see the biggest intergenerational wealth handover in history, predominantly between “baby boomers” and their children. This includes the transfer of family homes, investment properties, superannuation...
Can I afford to retire early?
At our Brisbane financial planner firm, one of the most rewarding aspects of our role is to help clients to achieve their retirement goals. This may include retiring two, five or maybe even ten years early. If you are looking at receiving the Aged Pension (subject...
The Basics of the Australian Aged Pension
We work with our clients to reduce their reliance on the Commonwealth Government Aged Pension as much as possible. That said we look after the full spectrum with some clients receiving the full aged pension from aged 67 (or 66 years and 6 months for those born prior...
Asset Ownership – Individual, Spouse or Joint?
Another important factor to consider when producing an effective financial plan is who owns a particular asset. This can be your principal place of residence, an investment property, or superannuation/pension or investment account. Some common reasons for making...
What Is A Trust?
A trust is a relationship where an individual or company (the trustee) carries on a business for the benefit of other people (the beneficiaries). A common use of a Trust structure is where a trustee carries on a business for the benefit of a particular family and...
Do I need a Will and an Enduring Power of Attorney?
Estate planning is more than just planning to allocate specific assets to certain people. Financial planners have a crucial role in estate planning because it is an extension of their primary role. Most people focus on building wealth, protecting themselves and their...
Shares, Property or Cash
If you talk to someone in the Real Estate industry, they will often tell you that Real Estate is a better investment. Conversely someone in finance will typically recommend an investment in Shares as your best option. While ideally we all need to hold an appropriate...
Good Debt vs Bad Debt
But I thought all debt was bad? Well not necessarily! Good Debt Debt can be “good” or positive if it helps you to purchase wealth building assets. Wealth Building Assets are those that are likely to provide an income and/or grow in value over time. Good...
Is Your Superannuation Working For You?
For an Australian on the median full-time income of $72,000 per annum from age 20 through to 67, a 1% difference in investment returns can make a difference of $153,000 or 27% of your superannuation balance. Choosing the right super fund for you is very important and...