Richardson Financial Advisory Blog
Five steps to getting your insurance organised
Five steps to getting your insurance organised.
Like with most of your money choices, there are pros and cons of going of choosing different paths to obtain insurance.
What's the best way to get insurance organised?
What's the best way to get insurance organised?
Making sure you’re getting the best deal on insurance without missing out on the cover you need can feel like a minefield. Get to know where and how to buy.
How super works
If you’ve ever had a job, then super is going to be on your radar. Knowing what it’s all about is the first step to making it work for you.
Super is your savings account for retirement. But well before you retire, your balance could be in the hundreds of thousands of dollars. While you can’t spend it now, a sum of money that big has got to be important to you. So it makes sense to know how it works and what you can do with it before you retire.
Help! I’m 55 and have no retirement plan
Help! I’m 55 and have no retirement plan!
Retirement planning is one of those things that often gets pushed to the back burner. When you're young, it's easy to convince yourself that retirement is light years away and you've got plenty of time to figure it all out. But life has a habit of going by real fast and all of a sudden, you're 55 (or thereabouts) and realise that retirement is just around the corner.
If this sounds like you and you’re now thinking, "I'm in my 50s and I have no retirement plan. What do I do now?", first of all, take a deep breath. It's not too late to start planning for your retirement.
Here, we'll outline some steps you can take to secure your financial future.
The Federal Budget
How will the latest budget proposals impact you and your finances?
The 2024 Federal Budget provides cost of living relief through 1 July tax cuts, lower power bills, higher welfare payments and support for small businesses.
Should you fix your home loan?
When contemplating home ownership or refinancing an existing mortgage, we typically face the decision of choosing between a fixed rate or variable rate home loan. While both options have their merits, deciding whether or not to fix your home loan requires careful consideration of various factors
5 points to consider when deciding when to retire
5 points to consider when deciding when to retire.
The age you retire in Australia isn’t set in stone. You can really retire whenever you want to, but a number of factors could play a big part in your decision.
Your financial situation, health, employment opportunities and coordinating with your partner, if you have one, could all play a role in helping you determine when you might retire from the workforce.
How to budget in 3 simple steps
How to budget in 3 simple steps
Managing your budget and aiming for a healthy surplus (saving more than you spend) can help you achieve goals big and small-whether you’re saving up for a long-weekend getaway or a down payment on a home.
What’s in store for investors in 2024?
2023 saw the return of Goldilocks, but what’s in store for 2024 for investors?
Grow your super
How to help your super grow faster
Money isn’t everything but it helps when it comes to making choices. Growing your super balance faster can give you more choices in retirement and peace of mind right now.
The basics of superannuation
The basics of superannuation.
Other than property, super is likely to grow into your largest asset. So given its importance you should devote some thought and time to make sure it is working well for you.
Why are Australians who get financial advice more upbeat?
Why are Australians who get financial advice more upbeat?
Money doesn’t buy happiness, but having a financial adviser by your side just might.
New research from CFS shows that Australians who receive financial advice feel more confident and optimistic about their money than those who go it alone. And contrary to popular belief, it’s not necessarily because they’re earning more.*
Colonial First State commissioned research to find out about Australians’ understanding of super and investments, and how confident they felt about their money. The survey generated responses from almost 2,000 Australians who have a financial adviser and 700 who haven’t had professional financial advice.
Investment scams peak in Australia - how you can spot one
Investment scams peak in Australia - how you can spot one.
October is cyber security awareness month and a good reminder to look at what you could be doing to protect your personal information and your money.
Losses to scams have skyrocketed in recent years, with combined losses reported to different Australian government agencies up a whopping 80% over a 12-month period.
What’s more, investment scams were identified as the most commonly reported type of scam, which is why it’s important to stay alert and protect what’s yours*.