Many of us spend a great deal of time planning for our retirement but understandably, often do not put the same degree of effort into planning for our deaths. It is not always a pleasant topic to think about, nor is it a commonly understood process. … [Read more...]

A 'transition to retirement' (TTR) strategy lets you access some of your super and keep working. Setting this up can be complicated, so contact your super fund or financial adviser for advice. How transition to retirement works If you're aged 55 … [Read more...]

How much tax you pay on your super contributions and withdrawals depends on: your total super amount your age the type of contribution or withdrawal you make If you inherit someone's super after they die, the person's super … [Read more...]

Contents insurance covers your household items and personal belongings if they're damaged, lost or stolen. This can include your furniture, clothes, computer, fridge, television, tools and jewellery. If you own your home, you can bundle your … [Read more...]

A smart saving strategy is just one element of achieving financial security – you also need a deliberate plan to manage and make the most of what you have. Here, 10 money-savvy women share one tip that’s helped them get their finances into a … [Read more...]

The Reserve Bank's decision this month to cut the official interest rate to a record low 0.1 per cent was another wake-up call for Australians heavily reliant on income from savings, especially many retirees. A look at the latest domestic monthly … [Read more...]

In the absence of retail, hospitality, cultural centres and sporting outlets, many of us have gravitated towards new activities to occupy our time during lockdown. For some, this has meant a foray into the world of sourdough and slow cooking, or a … [Read more...]

A sudden death can place financial stress on those who depend on you. If this happens, life cover can help them pay the bills and other living expenses. What is life cover Life cover is also called 'term life insurance' or 'death cover'. It pays … [Read more...]

When moving into a new home it's important to make yourself familiar with your new environment. Get to know how your facility runs, spend some time with your new neighbours and develop strong relationships with staff and carers at the nursing … [Read more...]

A way for retirees to unlock the equity in their homes. The reverse mortgage or equity release loan is a relatively new mortgage product that has been created for retirees who are asset-rich but cash-poor. Reverse mortgage or equity release loan … [Read more...]