Can you 'test drive' your retirement?

When it comes to retirement, it's probably fair to say that there are two main camps of people those looking forward to retiring and those dreading the thought of retiring. Those looking forward to retiring might have a few (or many) grandiose plans such as: Interstate and overseas travel (when we're allowed again!) Spending...

Read More

What really is a financial plan?

It's interesting when a client first comes to see us wanting to set up a structured financial plan. One of the first comments from clients, even before we start the discovery session, is "so, where will you be investing my money?" It's at this point I have to gently back them up and explain that a financial plan is much m...

Read More

Retirement - now what?

As we navigate through life, we have several significant transition events that shape our lives. Typically, these events include: Study and education Starting your first job Getting married Having children Children getting married Becoming grandparents While not all of us may experience these events, there is one ...

Read More

Pension Loan Schemes - much more attractive now

In a recent article I wrote about some options to tap into the built-up equity in your home in the event you need more funds to live off in your retirement. To recap, a Pension Loan Scheme (PLS) is a form of 'reverse mortgage' offered by the federal government. Basically, it allows borrowers, (over Age Pension age), to receive...

Read More

Can the "bank of mum and dad" affect your retirement?

According to the Grattan Institute, it takes a decade to save for a 20% deposit for an average home compared to six years back in the early 1990s. And these savings may still not be enough to secure your first home. So, it's no wonder 'kidults' are now turning to parents or even grandparents for help. The bank of mum and dad ...

Read More

Articles via RSS rss

Parkside InvestorPlus Solutions Pty Limited
AFSL 225920