Keeping your retirement plans on track when markets fall
What happens if your investments don’t perform as well as expected just as you’re approaching retirement? It can be concerning, particularly when you have less time to recover from a market downturn and may soon be relying on your investments to provide an income.
Should you hold or sell your investment property?
If you own an investment property, there’s a good chance this question has crossed your mind more than once lately. Between the recent changes to capital gains tax, interest rates that have been anything but predictable, and a property market that continues to shift, it’s worth stepping back and looking at the facts before drawing any conclusions.
Let’s take a look.
How to future-proof your wealth in a changing tax environment
One thing is certain when it comes to tax legislation – it won’t stand still.
Over the years we’ve seen governments introduce new rules, amend existing concessions and reshape the way you invest and plan for retirement. While these changes can create uncertainty, they don’t have to derail your long-term financial goals.
Will the new negative gearing changes affect your retirement plans?
If you’re in your 50s, retirement is probably no longer a distant idea. You’ve spent years building your career, growing your wealth and making financial decisions with the future in mind. So, it’s only natural to wonder how the recent changes to negative gearing will affect your retirement plans.
Get ready for June 30 – NOW!
When it comes to getting the most (money) from your annual tax return, there is usually a lot to think about, so we’ve identified a few options that could open the door to some opportunities to save on tax.
How much cash should you hold vs invest? What’s the right mix?
There are always two ways for individuals to hold cash – emergency fund cash and investment cash. This needs to be clarified before discussing any investment mix.
Four financial resolutions to kick start the new year
As we head towards the end of the year, many people start thinking about new year’s resolutions such as losing some weight or giving up smoking. Similarly, the beginning of a new year is the ideal time for setting financial goals.
Smart ways to use your tax refund this year
You may be one of many Australians who make an interest-free loan to the federal government every year. That’s because, when you receive a tax refund, you’re not getting free money. All that’s happening is that cash which is rightfully yours is being returned, somewhat late. So it makes sense to make it work as hard as possible once it’s back in your hands.
EOFY Tax Tips: Maximise your deductions before June 30 2025
As we enter the final month of the financial year, now is the perfect time to take a close look at your finances and make strategic decisions that could help to reduce your tax bill and set you up for a stronger year ahead.
A different “End of Financial Year Sale”
As June 30 fast approaches, there is still time to consider the strategies available to you this financial year to build your wealth, some of which are discussed below.