10 Tips on How to Start Planning For Retirement
Everyone should be planning for an active retirement. First, the best investment for a young person is to invest in themselves–education and books. Second, learn and discipline yourself to live on 70 – 80% of your income.Retirement Savings Plan – Debt Snowball
A simple plan to increase your retirement savings (401K) while continuing to pay down debt. A coworker of mine wanted to up his retirement contributions while pay down debt and up with this plan. I tweaked it a little, and put it down on paper!Self Managed Superannuation Fund (SMSF) – How Much is Required to Set a SMSF Up?
One common question in regards to the establishment of an self managed superannuation fund (SMSF) is ‘how much do we need to start one?’ The answer is simple: It depends! If you read the information out there regarding this subject, you will find that the recommended minimum amount required for establishing a SMSF is $200,000. This article will show that needing $200,000 plus to start a SMSF is false – providing you do some planning.Your SMSF is a Target For Fraudsters – 8 Practical Tips to Protect Your Superannuation Savings
Self managed superannuation funds (SMSFs) are extremely popular in Australia and their is well over AU$332 billion in assets owned by SMSFs and the amount is growing rapidly. It is not surprising that SMSFs are often the target of fraudsters and thieves. This article will provide you with 8 practical tips you can apply to protect your retirement nest egg from thieves, fraudsters and other investment spruikers and rip-off merchants.Under 35? Five Simple Things You Can Do Now to Boost Your Superannuation Savings
Chances are that if you are under the age of 35, the balance of your superannuation savings is probably the last thing from your mind. However, there are some simple actions you can take now to ensure that when you do get closer to retirement age, your retirement nest egg will be very healthy and enable you to live a fantastic lifestyle. This article reveals five simple things you can do today that are either free or low cost that can boost your super and take it to a whole new level.