Author Archives: Sunlight Insurance

Living richly: finding balance in finances and life

One of the most frequently asked questions directed at financial advisors is, “How can I increase my retirement savings?” Many individuals dedicate themselves to maximising their savings, often fearing they might outlive their financial resources. While this dedication to saving is commendable, it’s crucial not to become overly consumed by working additional hours or taking […]

Is your retirement on FIRE?  

 FIRE… Financial Independence, Retire Early. Sounds nice, doesn’t it? It’s easy to see why the FIRE movement is burning hot across the younger generations. The notions of financial independence and early retirement are surely appealing to the majority. But as with most good things, it comes at a price, and it’s important to weigh up […]

Personal Insurance FAQs

Personal insurance here means the insurance provided by life insurance company in Australia. It is designed to protect you and your loved ones from the financial consequences of death or disability. They reduce the impact of risk on your financial lifestyle. They, therefore, form an important part of most financial plans. Here’s a brief overview […]

Cybersecurity – Identity theft and prevention

There has been an alarming increase in Australians being scammed after combined losses of over $2 billion reported in 2021 which might double this year[1]. The ACCC’s Scamwatch received more than 166,000 reports between January and September this year, a 90 per cent increase in losses to $424.8 million over the same period last year. Many […]

Federal Budget October 2022 Outlook

Amid an environment of rising inflation, interest rates, and cost of living, along with continued labour shortages and supply chain issues, Dr Jim Chalmers delivered the Albanese government’s first budget on Tuesday 25 October 2022. Looking at the numbers The Treasurer revealed a $36.9 billion deficit (1.5 per cent of GDP), well under the $78 […]

The female investor

Investment and portfolio building has traditionally been a male-dominated world, but these days more women are trading on the market – and they’re good at it! According to an ASX Australian Investor Study completed in 2020[1], women make up 42% of Australian investors, yet 45% of those only began investing in the previous year. Younger […]

The ‘what, why and how’ of contributing to super

Despite changes to its governing rules, superannuation remains, for most people, a tax-effective environment in which to save for retirement. Here’s a quick Q&A on the ‘what, why and how’ of contributing to superannuation[1] . Why should I contribute to super? Most super contributions and the investment earnings within super funds are taxed at a […]