Jane and Damian came to see us last year. A property sale had provided them with a good return, but they were anticipating a large capital gains tax bill. They were also starting to worry about their retirement and were concerned that they had some work to do before they could even think about slowing down.
Paul Dobbrick, director and adviser in the Gympie office explains how he helped with a strategy for them to retire earlier than they thought possible.
With the cost of living and interest rates on our minds, it is more important than ever to take advantage of tax planning opportunities in the lead up to June 30. This is also an ideal time to explore ways to boost your superannuation contributions.
Contributing extra funds to your super is always a good thing but one of the most attractive is the opportunity to access tax concessions.
Being fed up with work is not a good enough reason to retire. It can lead to irrational decisions. You really need a clear picture of what you want your lifestyle to look like in retirement. Once you know what you want we can identify the cost and what you need to do to make it happen.
Ipswich Principal and Financial Planner Nat Webb has a special interest in setting people up for retirement. He loves to uncover financial opportunities and to see his clients achieve financial milestones. Here are some of his top tips.
If managing money feels daunting you are not alone. It’s one of the main reasons people come to see us for financial planning advice. Often clients arrive feeling overwhelmed about how to deal with their finances. This was the case for Claire. Aged 55 and recently divorced Claire had no experience in handling money. She was fraught with fear for her future and didn’t know what to do.
