Investment Solutions – Winter 2017

In the Winter edition of Investment Solutions magazine, we analyse what the proposed Budget changes mean for you.

BT Financial Group Investment Specialist, Riccardo Briganti,
provides us with an investment update on local and international markets.

Celebrity renovator, Cherie Barber shares some handy tips on how to ‘flip property’ for a profit.

And finally, Dr Bryan Humphrey talks to us about his experiences ‘voluntouring’ internationally during retirement.

Until next time – happy reading!

Please click on the link below to view the Winter 2017 Investment Solutions Magazine

Investment Solutions Magazine – Winter 2017

Investment Solutions Magazine – Autumn 2017

In this edition of Investment Solutions magazine, we discuss
different strategies to help boost your super balance before
proposed government changes take effect.

BT Financial Group Investment Specialist, Riccardo Briganti,
provides us with an update on local and international markets.
We hear Wendy’s story and how her income protection policy
helped her deal with an incurable and debilitating condition.

Finally, Jackie Gower from Simple Saving shares her top tips for
cutting household expenditure.

Until next time – happy reading!

Please click on the link to view the Autumn 2017 Investment Solutions Magazine
Investment Solutions Magazine – Autumn 2017

 

Investment Solutions Magazine – Summer 2016

Welcome to the current edition of Investment Solutions, our quarterly magazine. 

In this Summer edition we feature the new super changes which have been implemented by the government and how these changes may affect you.

BT Financial Group Investment Specialist, Riccardo Briganti,
provides us with an update on the world economy. We also look at how the Trump presidency may impact Australian markets.

Finally, we provide 5 reasons why you should be taking your protection cover more seriously.

Please click on the following link to view the Investment Solutions Winter 2016 issue:

Summer Investment Solutions Magazine

We hope you enjoy reading this issue of Investment Solutions!

INVESTMENT SOLUTIONS – SPRING 2016

Welcome to the current edition of Investment Solutions, our quarterly magazine.

The Investment Solutions Spring 2016 issue considers the benefits of estate planning through an SMSF. It also takes a look at what could happen to markets should Donald Trump win the race to the White House. Finally BT Financial Group Investment Specialist, Riccardo Briganti, provides an update on the world economy.

Please click on the following link to view the Investment Solutions Winter 2016 issue:

MAGAZINE_SPRING 2016

We hope you enjoy reading this issue of Investment Solutions!

Investment Solutions – Winter 2016

Welcome to the current edition of Investment Solutions, our quarterly magazine.

The Investment Solutions Winter 2016 issue focuses on five takeouts you should be aware of post Federal Budget 2016. This issue also outlines some tips for Baby Boomers to ensure their financial house is in order.

Please click on the following link to view the Investment Solutions Winter 2016 issue:

MAGAZINE_WINTER 2016

We hope you enjoy reading this issue of Investment Solutions!

Investment Solutions – Autumn 2016

Welcome to the current edition of Investment Solutions, our quarterly magazine.

The Investment Solutions Autumn 2016 issue features an Economic outlook and takes a look at strategies to help you make the most of the end of the financial year. This issue also outlines some signs that you’re in need of a career change and highlights 5 key steps to forging a new career.

Please click on the following link to view the Investment Solutions Autumn 2016 issue:

MAGAZINE_AUTUMN 2016

We hope you enjoy reading this issue of Investment Solutions!

Investment Solutions – Summer 2015

Welcome to the current edition of Investment Solutions, our quarterly magazine.

The Investment Solutions Summer 2015 issue features an Economic outlook, Property outlook, Investing in a low rate environment and some helpful tips for planning your next holiday.

Please click on the following link to view the Investment Solutions Summer 2015 issue:

MAGAZINE_SUMMER 2015

We hope you enjoy reading this issue of Investment Solutions!

The Value of Advice – Superannuation

In many cases, the end value of your Superannuation will far exceed that of your home.  A significant portion of your life’s earning’s are invested in a fund that  will see you through your retirement.  Superannuation is an area which is riddled with complexity, and too often, we see clients struggle to understand what’s at stake and how to select a fund that best suits their needs.

There is a lot of buzz surrounding the idea of opting into a Superannuation fund that focusses on reducing the costs of their products, like insurance for example.  But, like with all things, cutting costs comes at a price, and when informed, it is not a price most are willing to pay.  Constant improvements in technology are working to lower costs even more and, as a result, these funds become all-the-more attractive.

The importance of seeing benefits in your fund of choice on a daily basis are critical in assisting you to reap the long term benefits that come from such an investment.  If you are not seeing these benefits daily, there is a high chance that you are paying too much or too little for assets when withdrawing from or investing in your fund.

There are many questions you should ask before selecting you Superannuation fund.  These will form the basis of critical decisions that you make towards your future.  One of the first questions you should ask is, ‘When was the last time the significant assets of the fund were valued?’ These could be in the form of infrastructure projects or real estate.

You also ought to ask:
How transparent is the fund?
What is your risk profile, and does the chosen fund match your risk profile?
Does the fund offer the services that you require?
What type of insurance cover is offered, and what are the definitions that apply?
Does the insurance cover mental illness, such as depression?

Superannuation is a very complex area.  There are many things to consider and getting advice is pivotal in the decision making process.  If you have any concerns about whether or not you are getting the best value and cover from your superannuation fund, contact us and start the conversation today!

Progressive Wealth Solutions is a Corporate Authorised Representative No.472911 of Keystone Partnership Pty Ltd ABN 22 169 650 720, Australian Financial Services License (AFSL) No. 4

4 things that make retirement stressful (and how to get past them!)

Are you thinking about retirement? It’s no secret that most of us are so overwhelmed by the topic, that we’d sooner mow the lawns of every local park, than give it a moment’s thought! But, it doesn’t matter if it’s one, two, or 30 years away, the time to start planning for it is now. Funding your lifestyle through a long period without an income is integral to retirement planning.  Here are few of the questions that often serve as roadblocks, and how you should go about them!
 
How long do I need to prepare for?
The average Aussie male is expected to live to 81 and for female’s it’s 85. However, it is entirely possible that with a healthy lifestyle, you could live to 90 and beyond. We all know that our health is critically important, so understanding the relationship between how healthy we are, and what our life expectancy might be, directly ties into the equation of identifying how much Super you will need. So, if you’re a non-smoker who’s fond of kale smoothies and is regularly active, you’ll need to ensure that you account for a long future of R&R! 
 
How much do I need?
Luxury for some, might be modest for others. A comfortable lifestyle for one couple might mean $60,000, whereas another couple might need $150,000+ in order to live, what for them, is classed as a ‘comfortable’ lifestyle. Start by breaking down your desired lifestyle, thinking about the cost of everything from food and groceries, to travel (you’ve got to have fun, after all!), to the activities that you choose to undertake daily, weekly and monthly. By understanding the cost of your desired lifestyle, it makes understanding how much Super you’ll actually require a whole lot easier!
 
What about my family?
How much support do you want to provide your wider family? Do you aspire to help them with the mortgage, or possibly treat the grandchildren to a cruise throughout the idyllic South Pacific? How about the types of activities you’d like to be able to support your family with? Once again, this directly impacts how much Super and savings you’ll be needing in the future.
 
Will I claim the Age Pension?
If you’re considering supplementing your income with the basic Age Pension, it’s important to note what that means  for you. It represents just over $20,000 for a single person, and $33,000 for a couple per Annum (which is just 27% of the average Australian’s income).  It is important to keep in mind that your current investments, assets, and super balance may impact your Age Pension entitlement as well, so it is worth getting some advice on how this could impact you.
Progressive Wealth Solutions is a Corporate Authorised Representative No.472911 of Keystone Partnership Pty Ltd ABN 22 169 650 720, Australian Financial Services License (AFSL) No. 4

 

Retirement is stressful; how much do you really need?

Are you thinking about retirement? It doesn’t matter if it’s one, two, five or 10 years away, the time to start planning for it is now. Addressing the issues associated with retirement, and funding your lifestyle through a long period without an income is integral to retirement planning.

What does your ideal lifestyle look like in retirement? Luxury for some, might be modest for others. A comfortable lifestyle for one couple might require $60,000, whereas another couple may require $150,000+ in order to live, what for them, is classed as a ‘comfortable’ lifestyle. Start by breaking down your desired lifestyle, thinking about the cost of everything from food and groceries, to travel, to the activities that you choose to undertake daily, weekly and monthly. By understanding the cost of your desired lifestyle, it makes understanding how much Super you’ll actually require a whole lot easier!

How does your health measure up? The average life expectancy for a 45 year old Australian today is 81 for males, and 85 for females. However, it is entirely possible that with a healthy lifestyle, you could live to 90 and beyond. We all know that our health is critically important, so understanding the relationship between how healthy we are, and what our life expectancy might be, directly ties into the equation of identifying how much Super you will need.

How much support do you want to provide your wider family? Do you aspire to help them with the mortgage, or possibly take the grandchildren for a cruise throughout the South Pacific? Consider the types of activities you’d like to be able to support your family with as, once again, this directly impacts how much Super and savings will be necessary for your desired future.

Are you thinking about supplementing your savings with the Age Pension? The basic Age Pension represents just over $20,000 for a single person, and $33,000 for a couple (just 27% of the average Australian’s income). It is important to keep in mind that your current investments, assets, and super balance may impact your Age Pension entitlement, so it is worth getting some advice on how this impacts you.

If you own a business, then the first thing you will need to prepare for is its sale. See our article from last month on business succession for more thoughts on how to make the most of this hard earned asset.

If you are looking for professional advice, free of commission and free of conflicts, please contact us, or give the team a call on 07 4783 5151.

Progressive Wealth Solutions is a Corporate Authorised Representative No.472911 of Keystone Partnership Pty Ltd ABN 22 169 650 720, Australian Financial Services License (AFSL) No. 4