Changes to super from 1 July 2024
/
We look at the changes to super rates and rules from 1 July 2024, including the increase to the Superannuation Guarantee (SG) rate and super contribution caps.
Read More
News From Wynyard Park Private Wealth
General Advice Disclaimer
This material is provided for information only. No account has been taken of the objectives, financial situation, or needs of any particular person. Accordingly, investors should, before acting on the information provided, consider the appropriateness of the advice, having regard to the investor’s objectives, financial situation, and needs.
Do I need life insurance once I retire?
/
Getting older means you can finally start to enjoy your life’s work. But just because you’ve hung up your employment boots, life can still throw some unexpected curveballs at your retirement goals, so it’s worth being prepared.
Read MoreUpsize super with downsizer contributions
/
When selling an eligible property, you may be able to contribute to super, even when it ordinarily wouldn’t be possible because of the restrictions that apply to other super contributions.
Read More2023 National Seniors Australia research: Financial wellbeing and rising cost of living
/
As inflation soars to the highest rates in two decades, older Australians becoming increasingly concerned about their capacity to manage the rising cost of living.
Read MoreMinimum pension payments return to normal (no more 50% reduction)
/
From 1 July 2023, superannuation members with account-based pensions are required to again take at least the standard minimum pension amount each year from their account.
Read MoreGreater super contribution opportunities from 1 July 2023
/
If you are looking to increase your super, and are under age 75, then a good way is through making non-concessional contributions.
Read MoreTop-ranked countries to grow old in
/
With an aging population and growing aged care needs, what are the best countries to grow old in? And where does Australia rank?
Read MoreGovernment’s proposed changes to the taxation of super
/
The Government has announced its intention to change the tax concessions for certain super accounts if you have a total super balance of more than $3 million.
Read MoreWill you be able to live the retirement lifestyle you want to?
/
Australians, on average, are living longer than ever, thanks to better health and medical advances. That means the longer you live, the more money you will need for your retirement.
Read MoreYour Super – who to nominate as your beneficiary?
/
Nominating your super beneficiary is something you have most likely been asked to do if you have a superannuation fund.
Read MoreRetirement Plans interrupted
/
A highly experienced nurse, Mary has worked hard for decades and was looking forward to retiring. But she was forced to reassess her retirement goals when the pandemic upended her plans and placed a strain on her marriage.
Read MoreThe quest for secure retirement income
/
Why the four-bucket method could be the holy grail.
Read MoreInvesting with confidence
/
When it comes to investing for a comfortable retirement, could you be your own worst enemy? Here’s how your unconscious fears and biases could impact your financial decision-making – and what you can do to keep them in control.
Read MoreRetirees’ fears and expectations
/
For many, the word ‘retirement’ is associated with the idea of extended holidays to far-flung locations or spending quality time with grandchildren. However, there are a range of financial, emotional and psychological fears that are often linked to retirement – and for good reason.
Read MoreHow to help your parents and still save for retirement
/
The financial impact of COVID may have cut into your parents’ retirement savings, or perhaps they just simply didn’t save enough to last the distance.
Read MoreNurturing your nest egg
/The current rate of compulsory Superannuation Guarantee (SG) is due to increase to 10% in July 2021. It has been frozen at 9.5% since July 2014 and there have been many arguments for and against increasing SG contributions from the current rate of 9.5% to 12%.
Read MoreDo you need to review your insurance?
/
When a family experiences financial difficulty due to loss of income when an immediate family member becomes seriously injured or ill, itis an extra stress at an already difficult, busy and emotional time. This is why appropriate insurance cover is a key consideration in any financial plan.
Read MoreThe real benefits to retirees of financial advice
/
For many, the market volatility of 2020 has been difficult to navigate. Some people only realised that they had too much exposure to risk in their investment portfolio after markets fell dramatically.
Read More
