Your biggest asset is you and your ability to generate income over the course of your life. If that gets damaged and you don’t have life insurance, you’ll be up the creek without a paddle. Read on to learn more about the types of life insurance and how they work. Read on »
Investment bonds are marketed as tax-free but tax is paid within the bond, resulting in a worse tax outcome for most. Not to mention all the other downsides. Read on »
If you are buying a home that you may later turn into an Investment Property, not understanding the difference between a redraw vs offset this could cost you tens of thousands of dollars in lost tax deductions. Read on »
Debt recycling is a strategy to convert (recycle) your non-deductible (bad) debt into tax-deductible (good) debt.
Read on to learn how debt recycling works, what you can debt recycle, things to watch out for, selecting high-yield or low-yield investments, when you should not debt recycle, and debt recycling vs concessional contributions. Read on »
A quick rundown (with links) on how to calculate whether the super caps are likely to increase in the next financial year. Read on »
Pooling is an easy way for a fund to diversify into hundreds or even thousands of securities. But how does it affect the return on your investments and super? Read on »
If you are 55 or older and meet the eligibility requirements, you can make a downsizer contribution into your superannuation of up to $300,000 ($600,000 for a couple) from the proceeds of selling your home to help grow your retirement nest egg. Read on to learn more. Read on »
The recontribution strategy involves withdrawing super and re-contributing it to wash away tax that beneficiaries of your super upon your death would have had to pay. Read on to find out how it works. Read on »
To access your super in full and move it to an account-based pension, you need to meet a condition of release, which is typically being retired (or over 65).
However, there is another way to access it in full from 60 without retiring.
Read on to learn more. Read on »
If you can access your super while you are still working, the Income Swap Strategy can be a great way to convert some of the tax you pay to a boost to your super while taking home the same post-tax income. Read on »
One of the most important strategies as you approach retirement age is to get as much of your assets into super as possible. Read on to learn more about how the bring-forward rule can help. Read on »
