4 simple steps to picking the right diversified fund
Choosing the wrong diversified fund is not only risky - but it could mean failing to reach important financial goals. Here are 4 simple steps to effectively evaluate diversified funds.
Many diversified funds appear similar on the surface, but when you lift the hood, they’re poles apart. Evaluating diversified fund performance can be like comparing the proverbial ‘apples’ with ‘oranges’.
But in this complex and volatile investment environment, choosing the right diversified fund has never been more important for investors and advisors. The wrong fund will not only be too risky, but its performance could mean failing to reach important financial goals.
Your options in aged care explained
It's possible that in the future you, or someone close to you, may need some form of care or daily living assistance. With lots of information to sift through and the conversation sometimes a tricky one to approach, we've pulled together some information to make navigating aged care an easier process.
Home equity - the $500 billion resource for seniors
Reverse mortgages are an option for asset-rich, cash-poor seniors to boost their cash flow in retirement, but there are downsides.
The Australian economy hits another rough patch - implications for investors
How to live in harmony with your adult children
If you thought you’d have the house to yourself once the kids reached adulthood, statistics paint a different picture, with more adult children remaining in the family home today than in years gone by.
Not only are children living with their parents for longer, a high portion of those who move out end up coming back within a year or two.
If it’s something you’re facing, we look at what you can do to ensure your own goals aren’t overlooked.
Your first SMSF portfolio: Don't overlook fundamentals amid super changes
New SMSF trustees face something of a double challenge in 2017-2018: Coming to terms with the long-standing fundamentals of having your own fund together with the biggest changes to super in a decade.
It is critical for new trustees not to neglect any of the fundamentals of self-managed super in their efforts to understand the changing super system from the beginning of July.
Renters need over $1m to retire comfortably
While the implications of housing affordability is often acknowledged when it comes to younger Australians, the repercussions it’s having on pre and post-retirees also requires attention.
According to figures published last month, couples living in rental accommodation in Australian capital cities need over $1 million in super to live a comfortable lifestyle in retirement. And, that’s assuming they’re relatively healthy, with serious illness or disability making the situation more challenging.1
We check out the figures, which were released by the Association of Superannuation Funds of Australia (ASFA), and what research indicates when it comes to the future for retirees.
Buying a tenanted investment property
There are plenty of upsides to buying an investment property that already has a tenant, as well as a raft of risks. Here’s how to minimise them.
Life's financial turning points: good and not-so-good
The marriage and divorce statistics for 2015 sadly suggest that 43 per cent of Australian marriages may end in divorce. Significantly, this number-crunching does not include separations of de facto couples.
In your interest: a mortgage buffer
Homebuyers who make higher repayments than the minimum required are developing a valuable buffer to help cope with future rate rises or unexpected financial setbacks. A mortgage buffer makes much sense.
Don't let your portfolio end up like a gym membership
New Year resolutions and portfolio rebalancing face common challenges.
Both spring from the best of intentions. Both can drift into the background as the holiday season draws to a close and the urgency and demands of everyday life return.
For self-managed super funds (SMSFs), the more relaxed pace of life earlier in the year often presents the opportunity to review the fund's portfolio and investment strategy.
Want a great retirement?
When the word retirement is mentioned in everyday discourse it's often associated with numbers. The amount you'll need to retire. The age at which you'll stop working. The tax you'll incur as you draw on your super. But what these numerical references neglect is the psychological dimension.
As someone who's decades away from retirement, I can't talk about my personal experiences (there are none) or expectations (what retirement?). I'll instead just refer to fresh research that explores the non-financial aspects, which are arguably as important as the financial.