Here are my top 6 retirement plans that are doomed to fail! You would be surprised how often I hear them: 1. Assuming that your spouse will agree to your grand plan of downsizing the family home or moving to a different area on retirement. 2. Assuming that your parents will leave you an inheritance.… Read More 6 Retirement Plans Doomed to Fail
No idea where your money goes? Arm yourself with three months of bank and credit card statements, a glass of wine and the spreadsheet on this link. It is best if one of you completes it to start with. Then discuss the results, (nicely & in a productive manner) with your other half (if applicable),… Read More Free Cashflow Spreadsheet
Dear All, We were lucky enough in March to benefit from one of the wide range of activities available at schools today. Short thing went away on school camp for a week! Smelling freedom, we rushed off to Bankstown to take the “home-made plane” for a holiday, and over 4 days we covered nearly 4,000km.… Read More April Reflect: How Much is Enough?
Lots of announcements on super today, as I am sure you will all be aware. All of which will be tabled IF the current government is re-elected. A way to go then! So first the good bits; No changes to transition to retirement pensions for the over 55’s No change to the taxation of pension income drawn… Read More Changes to Super
Good Evening All, Ah, March at last thank goodness. Not because March is a particularly exciting month in the world of tax (that’s May), but because once again February was my alcohol free month for the year. I’ve been doing this for years – well before it became trendy. Each year I think I must… Read More March Reflect
Dear All, Since the last “reflect” life has continued to be very busy as we start to enjoy the fabulous sunny weather. Kelly is in yet another show – South of Broadway – playing this weekend & next at Berowra – free tax return for all clients that attend! As you all know I recently made… Read More October Reflect: Loads of News