PORTFOLIO POINT: You’ve fallen off your perch. Who’s getting your super? Part two of my series on death benefit nominations. At the time of retirement, superannuation is likely to be … Read More Bequeath your super tax-free
How should you react when someone asks you how much money you earn?
You should pray for a little intervention from Pixar in your life. (You know, the makers of favourite kiddie movies, including Toy Story and Finding Nemo.) You want a giant … Read More How should you react when someone asks you how much money you earn?
A fix for super limits
PORTFOLIO POINT: The government seems to be coming around to the idea that some changes are needed to concessional contributions limits. And here’s one worth considering. The way things are … Read More A fix for super limits
We’ve all heard horror stories about small businesses failing. What should you consider before starting one?
Love it or hate it, the great message I got out of Forrest Gump was: “Don’t let anyone tell you that you can’t do something”. But even more importantly … … Read More We’ve all heard horror stories about small businesses failing. What should you consider before starting one?
Cash crunch
KERRRRUUNNCH! “What was that?” I hear you ask. That was the sound of a severe cash crunch. Perhaps you’ve heard that sound before yourself. Don’t panic. It was definitely mine, … Read More Cash crunch
Who’ll get your super when you fall off the perch?
PORTFOLIO POINT: Who will get the proceeds of your super when you fall off your perch? There are some big traps. Here’s what you need to know. The aim of … Read More Who’ll get your super when you fall off the perch?
“Financial independence seems harder to achieve these days. What are your top three tips to get there?”
“Aah, come grasshopper, wisdom you seek.” Okay, I might be mixing my Kung Fu quote with my poor Yoda impersonation there. Honestly? I disagree with the statement. It’s no harder … Read More “Financial independence seems harder to achieve these days. What are your top three tips to get there?”
Super and the self -employed
PORTFOLIO POINT: Concessional contributions face strict limits because of the tax “generosity”. Do you qualify for a tax deduction for your contributions? Getting money into super is hard enough, what … Read More Super and the self -employed
“Hurry! The tax year ends in four days! What can you do now to get a bigger tax refund?”
When minds turn to tax matters, some divine intervention wouldn’t go astray. So I generally channel Australia’s patron saint of tax minimisation, Kerry Francis Bullmore Packer. “If anybody in this … Read More “Hurry! The tax year ends in four days! What can you do now to get a bigger tax refund?”
Cyber attack highlights necessity of a backup plan
When you’re flying high and your life is moving like it’s in a slipstream, sometimes you don’t learn a lesson until it’s too late. Often, the faster your jet is … Read More Cyber attack highlights necessity of a backup plan