Entries by Ian Chester-Master

Wait! Don’t sell your home to downsize yet.

You could enhance your retirement outcome by using downsizer contributions. Legislation has passed enabling individuals to contribute the proceeds from the sale of one eligible property into Superannuation, without needing to satisfy the work test and bypassing other contribution rules. From 1 July 2018, if you are 65 or older (at time of contribution) and you […]

Super Opportunities prior to 30 June

Are you eligible for the Government’s co-contribution? If your income is below $36,813, you may be eligible for $500 co-contribution (phases out up to $51,813). If you’re a low or middle-income earner and make personal (after-tax) contributions to your super fund, the government also makes a contribution (called a co-contribution) of 50% of your contribution, […]

Are you eligible for bonus Super from the government?

Have you: Been working part-time? Ceased work this year to start a family? Re-joined the workforce during the year? Been out of work for part of the year? Had other reasons for a limited income this year – below $37,000? Currently, there are two avenues for low-income earners to get bonus Super from the government […]

How will the July 1 changes to Superannuation impact you?

A number of changes to the rules governing Superannuation will come into effect on 1 July this year. Let’s take a look at what’s about to happen. The cap on concessional (pre-tax) contributions to your Super will be limited to $25,000 annually for everyone Your after-tax non-concessional contributions will now have a reduced cap of […]

Free Seminar: Eight Habits for Financial Success

  Wednesday 5 April 2017, 6 pm to 7.20 pm   This seminar is for everyone who wants to know how to achieve their financial goals. No tricks or get rich quick promises, just proven results. Some highlights: Understand how to make your money work for you Discover the tips and traps of investing What […]

Which is the better investment – shares or property?

Almost everyone understands the benefits of investing in property. However, the similarities and benefits of investing in equities compared to property are not so easily understood. With soaring property prices, investors need to explore other asset groups to build wealth. For Australians already holding property, diversification is an important consideration to reduce concentration risk and […]

How to have a really happy (financial) new year

 Do you want to: Have full financial independence; Have the lifestyle you dream about; Pursue your own hobbies and interests? Well, so do most people in Australia – these are the top three dreams for Australians noted in a Financial Planning Association of Australia survey. Unfortunately, nearly half of the respondents said they have not […]

How to safeguard your family wealth

Family wealth can take a lifetime to accrue, but can also disappear in an instant through poorly considered generosity. This 3 minute read may be one of the most important articles you have ever read! Many parents and grandparents are often willing to help younger generations with funds toward a house or education. It’s a […]

Are investors their own worst enemy?

US financial services market research firm DALBAR Inc has released its annual report that looks at the returns generated by the US stock market index (S&P 500) versus the returns from investors in Mutual Funds and why there is such a difference. Note: In Australia, mutual funds = managed funds. Highlights of the 2016 report […]