To rent or own: retirement living options

Published: May 5, 2017

In Australia there are both ownership and rental opportunities for retirement living options. Generally the deciding factor of whether you rent or buy is subject to your financial situation. Ownership & legalities Property ownership in retirement villages comes under slightly different legislation to normal home ownership. They have different forms of legal title and occupancy […]

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Life’s financial turning points: good and not-so-good

Published: May 3, 2017

The marriage and divorce statistics for 2015 sadly suggest that 43 per cent of Australian marriages may end in divorce. Significantly, this number-crunching does not include separations of de facto couples. Unfortunately, the breakdown of a relationship is a reality for many couples and it is a reality with typically damaging financial and emotional consequences. […]

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Planning a holiday, building a house and creating a portfolio

Published: May 1, 2017

Two quick questions. How long did you take to plan your last Christmas holidays? And how long did you take to plan your investment portfolio? "It's often said that many people spend more time planning a two-week vacation than they do on their investment plan," say US-based Vanguard investment analysts Donald Bennyhoff and Colleen Jaconetti […]

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In your interest: a mortgage buffer

Published: April 28, 2017

Homebuyers who make higher repayments than the minimum required are developing a valuable buffer to help cope with future rate rises or unexpected financial setbacks. A mortgage buffer makes much sense. More than three years ago, the Reserve Bank reported that "anecdotal evidence suggests" that about half of households had not reduced their regular monthly […]

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Dementia is more than just forgetfulness

Published: April 26, 2017

It may begin with forgetting where you left your car keys and can eventually lead to potentially dangerous situations such as forgetting to switch off the heater or kitchen stove. This is a very real experience for more than 353,800 Australians living with dementia right now. With Australia’s population rapidly ageing, the prevalence of dementia is […]

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Don’t let your portfolio end up like a gym membership

Published: April 20, 2017

New Year resolutions and portfolio rebalancing face common challenges. Both spring from the best of intentions. Both can drift into the background as the holiday season draws to a close and the urgency and demands of everyday life return. For self-managed super funds (SMSFs), the more relaxed pace of life earlier in the year often […]

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Want a great retirement?

Published: April 10, 2017

When the word retirement is mentioned in everyday discourse it's often associated with numbers. The amount you'll need to retire. The age at which you'll stop working. The tax you'll incur as you draw on your super. But what these numerical references neglect is the psychological dimension. As someone who's decades away from retirement, I can't […]

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Can a buyer’s agent help you buy a property?

Published: April 7, 2017

If you’ve ever bought a property you’ll know it can be a bit of an emotional rollercoaster. Hours spent searching, days lost to viewings and waiting on the edge of your seat to hear back on an offer. Not to mention attending an auction where even the opening bid was beyond your budget. Or perhaps […]

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Divorcees suffer five-year financial hit

Published: April 3, 2017

The warmth of January doesn’t always extend to our relationships. The New Year can be a peak period for divorce lawyers as couples call it quits after sharing one last Christmas together. No matter whether starting afresh as a newly single person brings heartache or a sense of relief, the fact is, separation and divorce […]

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7 tips for choosing the right school for your kids

Published: March 31, 2017

If you’re thinking about what school to enrol your children into, it might be a more complicated decision than merely opting for something in the local area. Family values, student facilities, extra-curricular activities and your financial situation could all come into play. We look at some of the things to consider and what you can […]

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