This month Steve was asked to provide comment for the Ask The Experts section for Money Magazine. (He’s also quoted in the cover story). We have reproduced here the details and Steve’s response: NAME: James Joyce (name has been changed) STATUS: Recently moved and bought a house in a regional town. QUESTIONS: How do I build a group of people … Read More
A Safe Place for your Money?
Recently I was asked to write a piece for the July issue of Money Magazine. This was for the Ask The Experts section (I have also commented in the current, June issue which is out today). Here it is below – I have changed the names. ASK THE EXPERTS NAME: Paul and June STATUS: Both are pensioners with Paul working … Read More
What if you Still Have a Mortgage When you Retire?
Recently I wrote this article for the Money Magazine website: Many Australians are providing financial assistance to their adult children – in many cases, they are giving them money for home deposits, according to recent research from REST Industry Super. REST also found that 46% of older working Australians expect to retire in debt, with one-fifth retiring with a mortgage. … Read More
Retiring Well
Recently I was asked to submit an article to Money Magazine on what should one do with an extra $200 per week for five years. My focus was on Retiring Well. This is my response below – which you can read now, unedited! The pre-eminent savings vehicle for retirement in Australia is superannuation. However, there are now more limited caps … Read More
5 Things I Learned From Shoe Dog (Nike)
Over Christmas I read a memoir by Phil Knight, the founder of Nike. It is a great read – I had trouble putting it down. My Dad is reading it now, and enjoying it as well. Here’s the five things I learned from it: 1) Learn to take risks when you’re young. After leaving the army and then business school, … Read More
Top 5 Summer Travel Savings
Summer has finally arrived and so our thoughts turn to holidays and travel. Like many people we have an almost unlimited appetite for travel and indulgence. How do we get more bang for our buck and either travel more or save more or both? Here’s our top 5 ideas: 1 Airbnb With a Twist We’re big fans of Airbnb. We’re … Read More
Getting The Age Pension for Farmers
Getting The Age Pension for Farmers One of our retired clients has been farming for the last 20 years. The asset value of their farm has meant that they have been ineligible for the Age Pension. However there is an exemption to the assets test called the Extended Land Use Test. The government has, for a long time, excluded from … Read More