14Aug

Is default bias derailing your super?

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By Simon Russell Let’s imagine two groups of people looking to hire a car. One is told they can have any colour they want, but if they don’t make a choice they’ll get a red one. The other is offered the same deal, except instead of a red car they’d get a blue car. If […]

14Aug

Can you contribute to your child’s super?

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As a parent, you probably want to boost your child’s chances of achieving wealth and security in life, and topping up their super might have crossed your mind. But is this allowed? And what if your child doesn’t even have a super account yet? We explore some of these questions below. Can I set up […]

14Aug

Are your parents ready for aged care? 3 questions to ask them

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If your elderly mum or dad seem to be struggling to support themselves at home, it might be time to summon the courage and start a discussion about aged care. Here are a few questions to ask them to get the ball rolling. “How is your social life? Are you seeing family and friends as […]

14Aug

Planning for retirement when you have debt

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According to ABS figures, the average household debt has quadrupled over the last 18 years, jumping from $62,000 in 2003-04 to $242,000 in 2021-22. This has worrying implications for older Australians, many of whom are finding that debt following them into retirement. Ideally, your super and savings should be funding all the things you were […]

14Aug

Estate planning strategies for blended families

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If you’re in the middle of the estate planning process, having a blended family can add a lot more complexity than you were prepared for. Everything from your beneficiaries to choice of executor will require much more thought, and extra care will need to be taken so no one feels excluded. We spoke to Katerina […]