Some retirees who need aged care may prefer to stay at home, whilst others may need or prefer the assistance that a residential aged care facility can provide. To access residential aged care, the person requiring care must be assessed and approved by the Government’s Aged Care Assessment Team (ACAT).
Weighing up costs and benefits of an SMSF
For many people, the idea of managing and investing your own retirement savings is very appealing. However, there is ongoing debate over whether running your own self-managed super fund (SMSF) is cost effective. So, what are the arguments for and against having your own fund?
Getting retirement plans back on track
After a year when even the best laid plans have been put on hold due to COVID-19, people who were planning to retire soon may be having second thoughts. You may be concerned about a drop in your super balance, insecure work, or an uncertain investment outlook.
Super changes add flexibility
Elderly superannuation members keen to top up their savings are set to benefit from the most recent changes to the rules of superannuation.
Women and money: Seize the day!
As the world celebrates International Women’s Day and all that women have achieved, it’s a good opportunity to take stock. Australia has undoubtedly come a long way in terms of workplace participation, equal pay and financial independence, but there is still some way to go.