While initially designed as simply a way to save money for retirement, many people wonder if they can use superannuation to help them buy property. Are you dreaming of expanding your property portfolio but finding yourself short on cash for a deposit? If you’ve been diligently contributing to your super for years you might be … Read more
There are probably more than one retirement account for you if you’ve had more than one job over the years. If so, it may be in your best interest to combine your accounts into one. Here’s why. Ever find yourself drowning in a sea of retirement paperwork? You’re not alone. As we hop between jobs … Read more
It’s possible to have an IRA savings-type account, an IRA investment-type account or both. Here are the benefits of each. Let’s face it – we all want our retirement savings to be safe as houses But when it comes to Individual Retirement Accounts (IRAs), many folks wonder is there actually risk involved? The short answer … Read more
Want to know how Uncle Sam keeps track of your retirement savings? If you’ve been putting money into a Roth IRA and wondering, “Does the IRS really know about this?” you’re not the only one. A lot of people ask this question because Roth contributions don’t show up on your tax return like traditional IRA … Read more
Ever wondered why some of your stuff doesn’t have to go through that dreaded probate process when you pass away? You’re not alone! At our estate planning firm we’ve seen countless clients confused about what assets are excluded from their estate. This confusion can lead to messy situations for families during an already difficult time. … Read more
On face value the question of ‘what is the average’ is a simple one, the answer is £595 per week (£30,940 p. a. ) for a retired couple and £282 per week (£14,664 p. a. ) for a single retiree as per the most up to date Government Pensioners’ Income figures. But these numbers don’t … Read more
Have you ever wondered what happens to your stuff after you’re gone? If you don’t plan carefully, your loved ones might end up dealing with something called “probate” – a word that makes many estate planning experts cringe I’ve researched this topic extensively, and today I’m sharing why avoiding probate might be one of the … Read more
With a Roth IRA, kids can save for retirement without having to pay taxes on their earnings for many years. They can also take money out of the account whenever they want without having to pay taxes or penalties. The products shown on this page are mostly or entirely from our advertising partners. They pay … Read more
From a budget lifestyle to a comfortable retirement, learn how much super you need to retire your way. It can be stressful to think about retirement. As an Aussie who plans to retire at age 65, I’ve spent countless hours trying to figure out how much super I’ll need to live comfortably. Let me tell … Read more
Its easy to feel like everyone has their financial act together—everyone, that is, except you. But the truth is, many people are anxious about their financial standing and wonder how theyre doing, especially when it comes to retirement savings. You might want to look at the average amount saved for retirement by age to see … Read more