MOST Australians recognise the need to set aside money for retirement. What’s not always clear is just how much cash is needed to support a pretty decent lifestyle in our retirement years. There really isn’t one single answer or amount to answer the question of how much we need to retire on because everyone has [ ] The post How Much Money Should You Have for Retirement? appeared first on Ethica Private Wealth Specialists.
As the entire worlds knows, the UK voted to leave the 28-member European Union and abandon their economic and political partnership. The world watched closely, but not as close as Australian diplomats, despite their gut feelings that it didn’t look like good news. Why did Australia pay even closer attention to the vote? While the [ ] The post How The Brexit Effects Australia appeared first on Ethica Private Wealth Specialists.
Everyone wants to be wealthy, but for most of us, that’s a distant dream called “someday”. Some of us may eventually find a way to become self-made millionaires, but putting your hopes and dreams into someday just isn’t going to cut it. The younger you are when you start, the better, however, most of us [ ] The post 6 Ways to Build Wealth by Your 30s appeared first on Ethica Private Wealth Specialists.
It s becoming increasingly popular for Baby Boomers to use their Self-Managed Super Fund (SMSF) to purchase investment property. However, when doing so many investors make errors. We’ve recorded the 6 most common errors individuals make when using super to purchase property. Debt and SMSF Self-Managed Superannuation Fund (SMSF) can borrow funds to: a) Purchase a [ ] The post 5 Common Mistakes Made When Using SMSF to Buy Investment Property appeared first on Ethica Private Wealth Specialists.
Financial planners on the Sunshine Coast are urging everyone to take better care of their finances. A recent report revealed that one of the Queensland’s oldest financial institutions hit a major snag with duplicate transactions showing up in their customer’s accounts. Even though the bank was aware of the issue, they could not provide their [ ] The post How Well Are You Keeping Track of Your Money? appeared first on Ethica Private Wealth Specialists.