Featured in the Financial Review: How to avoid the high-income earner wealth trap

We love information and reading. Here are some of our favourite books that have shaped our thinking.

Superannuation is becoming more flexible from 1 July 2022, with a raft of beneficial changes coming, which will impact most Australians, and particularly those who are pre-retirement or already retired.

Superannuation is one of the most powerful tools that we have access to for wealth creation, however most people tend to neglect it due to the delayed benefits. Whilst superannuation may not feel like a current priority, decisions made today can have a massive and lasting impact on your long-term financial position.

You never truly stop being a parent, even when your children are old enough to look after themselves. The urge to help your adult children is natural and, most often, comes from a place of genuine love. But good intentions can put your retirement savings at risk if you don’t have a plan. Here are a few smart strategies to protect your nest egg while also offering financial gifts and support to your adult children.

The economic and financial climate has certainly been uncertain in recent times. Here are 6 simple tips for investing that will help you navigate volatile times.

When prices are rising rapidly, as they have in the past few years, it can be difficult to maintain our lifestyle, and the belt buckles are subsequently tightened. A tailored financial plan can be hugely helpful during periods of high inflation to ensure you strike the best balance between maintaining your current lifestyle and achieving your financial goals longer term.

Our Principal Adviser Mark O’Flynn recently contributed to this article by Lucy Dean at the Australian Financial Review. The article highlights the significant role of long-term, considered investing and compounding on your overall wealth position.

Our Managing Director Mark O'Flynn weighed into this 7News article by Nina Hendy that explored the risks and key factors that you might need to weigh up when considering a downsize as retirement approaches.

In late February the government announced a proposal for an additional 15% tax on the earnings attributed to individual superannuation balances above $3m. This announcement was followed by further detail in early March and is proposed to start from 1 July 2025.

Many people think financial planning is a one-and-done deal – get a plan, follow it, and you’re set. But the reality is, in fact, very different. Ongoing financial advice is not just beneficial, but indeed essential for long-term financial success, ensuring you can stay on track, adapt to changes, and make the right moves at the right time.