Key Points: This is doubled by the fact that more and more scammers are utilising the current COVID-19 crisis to target people through phone calls and email phishing scams. It can be hard to differentiate between real or fake news, and genuine or false information in your emails and text messages. While technology is a…
The concept of retirement is changing, with fewer people working towards a final retirement date and then clocking off for good. Instead, those who have the flexibility to choose are often transitioning out of the workforce over several years, or even returning after a break. Whether you simply want to wind back your working hours…
The daily fees you will be asked to pay for residential aged care are based on your financial situation. But more and more providers are charging a fee for additional services, with the ability to set their own fees – so check what you are paying for. When living in residential aged care you will…
Artificial intelligence systems, and their ability to undertake often complex tasks in seconds, are increasingly gaining attention and user traction. Yet, when it comes to personal finances and investing, it’s evident humans definitely have the upper hand on AI. By humans, we’re talking about licensed financial advisers specifically – qualified, industry professionals able to deliver…
If money’s too tight to mention, here’s some small steps that can make a big difference in achieving your financial goals. How would you rate your level of financial wellness? Do you think you’re in a good position to meet your immediate and near-term financial obligations? What about your long-term goals? They’re tough questions asked…
For many people, a retirement village may offer a great retirement living solution, especially when you find maintenance on a home more difficult or you want convenient social interactions. You can also access some personal care and home help support. But as your care needs increase, you might decide to move out of the retirement…
Retirement is a phase of life most of us look forward to. It’s a chance to pursue other interests, travel and maybe do some part-time work or volunteering. Thanks to more than 30 years of compulsory superannuation, we are retiring with more savings than previous generations but that also brings its challenges. According to the…
Volatility is part and parcel of investing so it’s important to put it into perspective and look at the full picture when thinking about your wealth, rather than focus on day-to-day market swings. If there was to be a single investing lesson that emerged from the events of the last two years, it is that…
When your family gathers over the festive season, it might present an opportunity to start planning for future care needs. Christmas is a time for families and the New Year is for resolutions. This year, combine the two by making a resolution to pay more attention to how your older parents are coping and start…
Think you can’t afford aged care? Advice on your options can help to understand what is affordable and how to best structure your finances. When you move into residential aged care, the room price might be quoted as a lump sum, but you will have the choice to pay for your room as a lump…