Ursula Boorman


February 8, 2017

Jump-start your retirement savings

Unfortunately, many people would reach their mid-fifties and conclude that their savings are not on track to finance a satisfactory lifestyle in retirement. Fortunately, worthwhile steps can often be taken to boost their nest-eggs in the countdown to retiring. Perhaps family obligations and/or work circumstances made it difficult to put aside enough money towards retirement. Perhaps, inertia or procrastination played a part. Ideally, you should begin to save for retirement as early as possible in your working life. Early savers have the formidable advantage of compounding over the long haul as investment returns are earned on past returns as well […]
February 1, 2017

New Year (investment) resolutions

An astute way to begin a new year is to take a close look at your personal finances – including your super and non-super investment portfolios and your retirement-saving strategies – and to think about what improvements should be made. Even if your personal finances are in reasonably good shape, there’s inevitably room for improvement. Critically, a guarded but not bearish outlook for portfolio returns underscores why investors should take a disciplined approach and ensure that their expectations for returns are reasonable in this low-interest, more subdued-return environment. (Investors who are overly optimistic may be tempted to take excessive risks in […]
December 15, 2016

Keeping finances in the family

Would you be willing to help your adult children financially if they were experiencing financial difficulties? And would you be willing to help your elderly parents if they were in financial need? Intergenerational financial issues are set to become increasingly common given the ageing of our population. Of course, many instances of providing financial assistance between generations would involve providing a financial helping hand from time to time rather than aiding an elderly parent or adult child in actual financial difficulties. The Australian Institute of Family Studies has just released a research paper, Attitudes towards intergenerational support, that gives an […]