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Posts Tagged ‘retirement’

Making Good Financial Decisions at a Young Age

September 10th, 2021

Our society's youth - rarely does the mention of this demographic spark visions of careful financial management and wise decision-making. But why not? There is no reason people can't begin to lay the foundations for a viable wealth creation strategy from a young age, and education and planning and good financial decisions are the keys.read more

Your UK Pension Lump Sum – Could you be sitting on a goldmine?

May 31st, 2019

As people move from job-to-job over their working lives, they are likely to accumulate several  super funds, which now given that they are less likely to be eaten up by insurance premiums, could potentially add up to a fairly significant income stream in retirement. While many struggle to locate, consolidate and take advantage of theseread more

Older Australians: Where are they spending their money?

May 6th, 2019

As life moves forward, it is important to be more mindful of where our money goes, and how we allocate our spending. This is particularly relevant at retirement, as our regular source of income can change from wages to a pension. Recent statistics released by the Australian Bureau of Statistics outlines the spending habits ofread more

Private Companies and Discretionary Trusts – How can these Affect your Retirement?

November 12th, 2018

Discretionary trusts and private companies are used extensively by small and medium sized business owners and families, and have been proven to provide tax effective strategies during business and working lives. However, there are implications in retirement around means testing, including for pensions and fees for aged care. Case Study In a recent case, aread more

In The Media – Ian Gath’s Interview with Jenny Seaton

August 22nd, 2018

Recently, McKinley Plowman's Head of Superannuation and Audit Ian Gath made another appearance in the media, this time having a chat with Jenny Seaton on Curtin FM's "Afternoons" show. In the interview he discusses the importance of drafting a comprehensive will, estate planning and other asset protection issues in situations of re-marriage (particularly after retirement).read more

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