Your retirement savings may have to work longer than you do

posted in: SMSF, Superannuation | 0

On average, Australians expect to live to about 81. We expect to start work at about 20 and then retire at 65. Which means that you would have 45 years of work in which to save enough to live on for 16 years of retirement. Our research shows a vastly different picture. Longevity is trending upwards Life expectancy data changes as you attain older ages:  A couple both aged 65 today has a 50% chance that one will live beyond … Read More

Superannuation is a political football

  Read the Transcript: Superannuation is a political football. No wonder they keep moving the goal posts. Every year, it seems, they change the rules – the retirement age, the contributions cap, and so it goes on. No wonder one in three Australians are concerned about legislative changes* being made to super – what they mean and how to work with them. It’s a cause for concern, but it helps to keep it all in perspective, give all the factors their … Read More

Significant changes to contribution limits to super could prove a challenge

The changes to super and tax laws proposed in this year’s federal budget, then revised and adjusted by the government in September, have been passed through Parliament and are mostly due to take effect from July 1, 2017. That means that you have until July to consider if there is any action you should take to make the most of current super rules or to comply with the upcoming changes. We take a look at some of the key changes … Read More