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 […]
Author Archives: Sunlight Insurance
13
Oct
Oct
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 […]
05
May
May
Becoming a parent is an exciting time of adjustment and upheaval; how could such a little person create so many changes – and sleepless nights? But lack of sleep shouldn’t be caused by financial worries and reduced household income. When Jessica a florist, and Daniel an IT manager, decided to start a family, like everyone, […]
02
Feb
Feb
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 […]
21
Dec
Dec
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 […]
28
Oct
Oct
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 […]
26
Aug
Aug
Looking forward to an enjoyable retirement? Check out our top 10 tips to make sure you’re on track. Tip 1: Take stock How do you want to live in retirement? How much will it cost? Do the numbers. Now, what does your super balance look like? Do the figures meet your expectations? If not, what […]
05
Aug
Aug
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 […]
20
May
May
Inflation is one of those words that a whole generation has been able to largely ignore. Until now. With inflation in the US now at about 8.5% and 7.5% in Europe[1], and the Reserve Bank of Australia forecasting our underlying inflation to increase to around 6% in the second half of 2022, just what is […]
13
May
May
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 […]
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