Will retirement age in Australia increase? Interestingly, there is no official ‘retirement age’ legislated for in Australia. That being said, there are certain age based rules in respect of both Superannuation and also Social Security benefits, that may help to...
THINGS TO DO AS SOON AS YOU RETIRE !
Further to my earlier article on What to do Before Retirement, this article makes further suggestions or reinvigorates earlier ideas with added focus now that you are ‘Retired”. Retirement is a significant life stage that offers the opportunity to enjoy a multitude of...
How long will $500,000 last in retirement ?
How long will $500,000 last in retirement ? Retirement planning is a critical aspect of one's financial journey, especially in Australia, where the retirement landscape is ever evolving. A key question that retirees often grapple with is: How long will $500,000...
Should I retire early?
Should I retire early? Yes please! Why wouldn’t I want to retire early? More time on my hands, no alarm clock, deadlines or commuting. Sounds great. This is the simple answer. Unfortunately, the more complicated answer is, it depends. There are a number of factors to...
Corporate or Individual Trustee – what to consider for your SMSF
Corporate or Individual Trustee – what to consider for your SMSF A self-managed superannuation fund (SMSF) is a simply a trust structure, with favourable taxation concessions. Any trust structure must have trustee, and this can be either an individual, or a company...
5 Questions to ask when considering an ESOP
5 Questions to ask when considering an ESOP An employee share option plan (ESOP) is a valuable benefit for employees, giving them the opportunity to become shareholders in the company where they work. Essentially, it allows employees to purchase company shares at a...