There are limits to what level of income or assets you can have to be eligible for the pension. There are also a number of strategies to help reduce asset levels.
Self-managed super funds have been seen as a direct way to take control of your retirement savings. Here are some steps to taking control of your SMSF in falling markets.
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July saw the RBA deliver a further cut to the cash rate, US Fed Reserve lower interest rates for the first time in 11 years and Boris Johnson take office as the UK Prime Minister.
A vital part of successful investing over the longer term, is knowing yourself, along with the mental traps you may fall into when making investment decisions.
The month of June saw trade conflict between the US and China hold up as another temporary trade truce was formed. The RBA delivered its first move in its monetary policy since August 2016. Commodities continued to surge, with all major asset classes delivering positive returns for the final month of the financial year.
Planning for retirement and paying superannuation might feel like an extra expense when you’re concerned about cash flow, but not doing so could compromise your financial future.