Making plans for the aged-care years can be less exciting but equally important as planning your retirement. We are all likely to experience losing some of our physical activity as we age and may experience some cognitive decline. But this does not mean that we...
An international survey published by the American Academy of Actuaries, the Institute and Faculty of Actuaries and the Actuaries Institute of Australia shows that people in the United States, United Kingdom and Australia are struggling to prepare for retirement because of increasing demands on them...
I noticed that my recent posts were all news and updates related to Self-managed Super Funds. And this made me wonder, do my readers still remember exactly what is the meaning, how does it work and what are the benefits of SMSF?
To help my readers...
Any SMSF can be run as a segregated or un-segregated fund. Before starting an SMSF it’s important to understand the difference between the two as well as, the benefits of each one.
Segregated funds
If you run an SMSF with segregated funds, at least 2 asset pools...