it is now understood that when we make economic, financial and investment decisions, we do so as flawed humans with an inbuilt tendency to do the wrong thing. Recognising this is the first step towards changing our behaviour for the READ MORE
We probably all remember during those long difficult car trips as children repeatedly saying such irritating things to our parents as: “When do we get there?”. Perhaps adding to reinforce the point, “I knew we would never get there”. And READ MORE
No matter our age, most of us would probably look back on some aspects of our lives and say to ourselves: “If only I could do that again; if only I had a second chance”.
Obviously what people want for their retirement will vary from person to person. It depends on your age, the type of lifestyle you want and the wealth you have inside and outside of super. The super system only started in READ MORE
One of the most important steps in your retirement planning is figuring out how much you’ll need to spend each year to support your desired retirement lifestyle. However, many people struggle to plan for the various stages of spending that READ MORE
If you make voluntary super contributions through a salary sacrifice agreement you should be aware of how your contributions will affect your super balance. You can agree with your employer for your voluntary contribution to be in addition to your READ MORE
Over-servicing clients is a common problem for small business owners; we feel it’s what sets us apart from our competitors.
A will is generally the most important document any person will sign. After death the terms of a will can only be altered by a court and, unless a court #intervenes, the will regulates how the deceased’s assets are to READ MORE
This reflects many wealthier individuals making one-off contributions to superannuation in the current financial year; potentially funding the contributions from existing assets rather than income,” its report explains.
WealthPath is helping In retirement however, your attitude and investment goals will change. People typically become much more risk averse because their focus will shift to preserving what they’ve saved and generating an income.