Welcome to your Adviser Newsletter
Adviser Rating Total reviews Customer Rating
Gold adviser 15 reviews 98% average
We gave up asking for more for this comparator website because they then added our clients to their data base
Words dont fail me.
But here are 15 of many happy clients developed over 35 years
Bad news comes in THREES for retirees & those 700 who will retire today.
1. Retirees hit as term deposit rates tumble.
The reserve Bank has lowered its rates to the banks & so keeping your money in the bank is a MUCH less attractive option.🔦🔦🔦👂👂
ANZ takes from both ends
ANZ cut deposit rates by up to 25bp on the same day it failed to pass on the RBA cut in full
and i just read this today after the recent election.
Read more: Bad news comes in THREES for retirees & those 700 who will retire today.
Only this week I had an appointment with a son whose mother was moving into an aged care residence.
As she had a large amount of money in the bank then it actually reduced her pension income by about 2000 p.a which is almost a 10 % reduction.
There are so many of you who have funds in the bank that could be optimised elsewhere.
Read more: How to have double the income that you are currently receiving from the bank
There is some good news & yes some bad news.’
I read this week that
Australia’s central bank to adopt QE
The risk of a credit crunch is real and rising and with the housing market now falling sharply, and economic data deteriorating, Australia’s central bank signalled it will slash rates twice this year.
Read more: ‘There is some good news & yes some bad news.’
I help you to have the Money you deserve when you retire by modelling what can be achieved on the calculators available.
As there are 700 people retiring today & maybe 100 per day in Queensland then this could be you today or shortly or you have.
As the government, because it can, is tightening up those ‘Centrelink’ or Department of Human Services parameters then you may want to optimise what you are entitled to.
The rules change on 1st July this year & usually each July after.
Read more: I help you to have the Money you deserve when you retire
Does this or will this affect you or your family🤔🤔🤔🤔
Pre-1 July 2019 income test application of a lifetime income stream
There exists an opportunity before 1 July 2019 for income tested Age Pension recipients, or assets tested Age Pension recipients likely to become income tested at some time, to utilise the current means test assessment of lifetime income streams.
For these clients, and where appropriate, commencing a lifetime income stream before 1 July 2019 can provide improved Age Pension outcomes due to what is generally seen as the more favourable income test assessment available under the current means test rules
Read more: Does this or will this affect you or your family🤔🤔🤔🤔
Can Your Children Answer These 8 Estate Plan Questions?
Estate Plan Questions
#1: What are the details of your durable power of attorney and advance medical directive?
Read more: Do your Children know these answers??
If you are like I am in those Downshifting Cruisers or InBetween years then Optimising your resources when there are so many rule changes & rates are low make absolute sense.
I read in the Australian today that ‘more Australians are transitioning into retirement over a few years, with more working past the age of 65.’
I can relate to that & there are some reasons why I do.
Read more: If you are like I am in those Downshifting Cruisers or InBetween years then Optimising
We look forward to seeing you at the workshop. Please arrive at 8.15am for a 8.30am start.
Read more: Aged care workshop
How to avoid a hard landing if I lose my franking credits?
That has been bothering me for sometime then I thought that I needed reminded on why they are so valuable to all those in a low tax bracket.
It all depends on the marginal taxx rates that I am on.
Read more: How to avoid a hard landing if I lose my franking credits?
CPD Certificate of Accreditation
Your attendance at the 2019 Morningstar Investment Management Modern Adviser Series has accrued 2.5 hours continuing professional development credit as accredited by the Financial Planning Association of Australia.
The following session was attended and completed successfully:
Read more: There is & always has been professional learning
John Michael McAuliffe
AFA, DipFp., BSc., DipTeach.