Investing your money may be an effective way to help you build long-term wealth. While it can seem overwhelming at times, given the breadth of options available, you don’t need to be a financial expert to be successful at it. But as Warren Buffet says: “Risk comes from not knowing what you’re doing.” So understanding […]
Continue ReadingWill & Estate Plans – What You Should Know
If you want to protect your family and assets, it’s worth documenting what you’d like to happen if you can’t make your own decisions later in life or when you pass away. If you’ve got people in your life who you love and assets you’d like to be distributed in a certain way, you might […]
Continue Reading7 Questions To Ask Yourself About Insurance Cover
Knowing what level of cover you require can be tricky, so it’s worth thinking about a few things first, such as—to what extent you and any loved ones rely on your income, how costs stemming from an injury, illness or death might be covered and how existing debts might be paid off. It’s also a […]
Continue ReadingFinancial freedom: A guide to achieving true financial independence
In a world where financial stability impacts our well-being, financial freedom empowers us to make life choices beyond monetary constraints. It goes beyond a comfortable income, enabling us to live on our terms, pursue dreams, and find peace through a secure financial foundation. Post-pandemic, high-inflation impacts on financial freedom were explored in MLC’s May 2023 […]
Continue ReadingWhat’s the Best Age to Retire?
There is no magic age at which to retire. But what’s important is to plan for a longer retirement than you may expect. This is in part because research shows we’re now living longer than ever. According to the Australian Government Actuary (AGA), factoring in improvements in life expectancies over the last 25 years, half […]
Continue ReadingHow to invest responsibly and ethically
If you’d like your money to make a difference to the world as well as your future, responsible investing may be for you. Almost 9 in 10 (89%) Australians feel it’s important their financial institution invests responsibly and ethically across the board1. Ethical, social and governance (ESG) investments accounted for $1,281 billion, or 40%, of […]
Continue ReadingHelp your retirement funds last the distance
Retirement is a time that many Australians eagerly anticipate, providing plenty of time to pursue hobbies, do more travelling, or simply kick back and enjoy the fruits of your labour. We will outline key strategies to help boost and preserve your retirement savings, to help you achieve longterm financial security throughout your golden years. It’s […]
Continue ReadingWhen you need a will and who can help
Wills aren’t just for later in life and you should really have one when you start earning. And as money and family matters can be complex, it makes sense to get help. Who needs a will anyway? A will is something you might think you only need once you’re a millionaire or close to retirement […]
Continue ReadingHow to upsize your super with a tax-free downsizer contribution
Did you know from age 55, you may be eligible to make a super contribution of up to $300,000 using the proceeds from the sale of your home? Downsizing your home in retirement could have several upsides – some money in your pocket, less maintenance, and depending on your new location, greater convenience. If it’s […]
Continue ReadingWhy it’s important to think about insurance ahead of retirement
Why it’s important to think about insurance ahead of retirement Finding the right level of insurance cover is important when you’re thinking about retirement. If retirement’s coming up on your horizon, the impact of COVID-19 (Coronavirus) may have thrown a warehouse-sized rack of spanners in your planning. It makes sense to concentrate on things you […]
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