As the cost of living including housing prices continues to rise, many parents are providing greater financial security for their children. This has led to more family discussions regarding the transfer of wealth. Transferring wealth between generations can be a challenge when there are many parties involved with different opinions and no clear plan in…
Start of the Year Review Checklist The start of the new year presents the perfect opportunity to review your lifestyle needs and financial position. A lot can change in one year as 2020 undoubtedly showed us, so it is imperative that you are constantly reviewing your goals and objectives to ensure you are in the…
The cost of operating SMSFs has been a very hot topic for all the right and moral reasons and the regulator (ASIC) that governs advice around establishing SMSFs and the advice community have made steps to educate the wider community, that SMSFs are not for everyone. The Productivity Commission in its report Superannuation: Assessing efficiency and…
Watch Sebastian Mazza from Wealth Depot Financial Advisers joined with Daniel Butler from DBA Lawyers as we provide our insight and strategies around Self Managed Superannuation Funds in the current economic and financial market climate. Self Managed Superannuation Funds (#SMSF) continue to grow as a sustainable retirement savings structure with family offices and everyday aspiring…
Building your nest egg is integral to ensuring you are well equipped for the transition into retirement. Regardless of whether retirement is at the forefront of your mind or a distance future, it is never too earlier or too late to consider how you can maximize your savings for the later stages of your life.…
Whether retirement is at the forefront of your mind or simply a distant future, there is never a bad time to start planning for life after work. The team here at Wealth Depot have created a list of tips and things to look out for when planning for retirement to make the transition as…