- account-based pensions, using 263–265
- accountant, using 7–8
- adult children, in retirement 253
- aged care strategy 277–278
- appropriate retirement fees strategy 279–286
- appropriate super fees strategy 225–230
- appropriate tax in retirement strategy 286–290
- appropriate tax strategy 182–185
- appropriate tax in super strategy 230–236
- asset allocation strategy 156–160
- asset selection strategy 160–168
- assets
- — at start 70–71
- — questions around 78
- — types 156
- attorney, powers of 329–332
- Australian shares
- — as assets 162–167
- — as investments 170–171
- basic stack, budgeting as 41–48
- binding nomination 332–335
- bonds
- — as assets 162
- — as investments 170
- bring-forward rule for super 205
- budget management strategy 122–128
- budgeting, as basic stack 42–48
- calendar for strategy stacking 81–84
- capital protection for key person insurance 314–315
- cash flow management strategy 128–133
- cash rate of interest 25–26
- Centrelink
- — benefits scenario 214–215
- — and re-contribution strategy 223
- change
- — equipping for 9–11
- — need for you to 8–9
- comfortable retirement strategy stack 104–111
- company ownership investment structure 153
- concessional contribution option 259–260
- consolidation strategy 198–203
- contribution catch-up strategy 209–212
- contribution strategies 203–209
- corporate funds 194
- critical illness insurance 300
- death benefits, tax on super 234
- debt, getting into 28–29
- debt comparison
- — comfortable retirement 107
- — mortgage reduction 97
- — saving for house 90
- debt products 133–134
- debt reduction strategy 133–138
- defensive assets 139–140
- disability, strategy stacking around 57–58
- distributions 27
- diversification strategy 146–148
- divorce, strategy stacking around 55
- dollar cost averaging strategy
- — for investment 148–151
- — in retirement 275
- downsizing contribution strategy 236–241
- earnings, respecting your 19–22
- earnings within superannuation 233
- emotional investing 150–151
- emotional value 47
- emotions and money 46
- enduring power of attorney 329–332
- equitable charge 315
- estate planning comparison for mortgage reduction 101
- estate planning strategies
- — last will and testament 323–326
- — power of attorney 328–332
- — reversionary pension 332–337
- — superannuation nomination 332–337
- — testamentary trust 326–328
- estate planning and tax example 221–222
- Excel, using 65
- exchange-traded funds (ETFs)
- — as assets 165–166
- — as investments 173
- expenses
- — at start 73–77
- — planning 129–131
- — questions around 79
- family home, selling 269–270
- favourites, playing 168
- fee reduction strategy 178–182
- financial advice, seeking 341–348
- financial plan, elements of 355–358
- financial planning process, steps in 349–358
- five foundations
- — reminder 40–41
- — setting 19–34
- fixed income annuities 262
- fixed income investments
- — as assets 161
- — selecting 169–170
- foundational principles
- — five 19–34
- — revisiting in retirement 249–251
- framing strategies
- — budget management 122–128
- — cash flow management 128–133
- — debt reduction 133–138
- — risk assessment 138–142
- franking credit strategy 176–178
- future super projection for comfortable retirement 107
- future value formula 28
- gearing options, share portfolio comparison 186–187
- gearing strategy
- — for investment 185–189
- — for retirement 275–276
- general power of attorney 329–332
- goals
- — for retirement 254–255
- — for ‘why’ 16–17
- government benefits 267–269
- government co-contribution strategy 219–221
- growth assets 139–140
- home deposit, saving comparison 91
- home prices and apparent wealth 240–241
- house buying 135–136
- imputation credit see franking credit strategy
- income
- — adding up 65–66
- — at retirement age 114
- — from investments 44–45
- — over working life 20–22
- — questions around 77
- — questions on 43–45
- income needs in retirement 254
- income protection strategy 292–299
- indirect cost ratio (ICR) 280
- individual ownership investment structure 152–158
- industry super funds 193
- inflation in retirement 253
- infrastructure
- — as assets 166–167
- — as investments 173–174
- insurance policies
- — choosing 296–297
- — terms and conditions 294–296
- interest as cost of money 25–29
- international shares
- — as assets 163–164
- — as investments 171
- intestate, dying 325–326
- investing emotionally 150–151
- investment fees 179–180
- investment selection strategy 169–175
- investment strategies
- — appropriate tax 182–185
- — asset allocation 156–160
- — asset selection 160–168
- — diversification 146–148
- — dollar cost averaging 148–151
- — fee reduction 178–182
- — franking credit 176–178
- — gearing 185–189
- — investment selection 169–175
- — investment structure 151–156
- — in retirement 272–275
- — in superannuation 241–244
- — trust ownership 153–154
- investment structure strategy 151–156
- investments
- — adding up 66–70
- — income from 44–45
- — outside of super 267
- — questions around 77–78
- — rates of return on 44
- — reasons for having 14
- joint ownership investment structure 153
- key person protection strategy 313–319
- KISS theory 155–156
- last will and testament strategy 323–326
- legacy funds 194–195, 266–267
- legal representative, personal 334
- liabilities
- — at start 71–73
- — questions around 78
- life insurance policy option for life protection strategy 310
- life protection strategy 309–313
- lifestyle, not planning for 7–8
- listed shares 280–281
- long-term goals, celebrating 244
- managed funds
- — as assets 164–165
- — as investments 172–173
- market volatility in retirement 252
- marriage, strategy stacking around 55
- minimal withdrawal amounts from super 262
- money
- — five truths about 3–11
- — interest as cost of 25–29
- — preconceived ideas and assumptions 3–4
- money truths, knowing at start 62–64
- mortgage reduction strategy stack 94–103
- multiple super accounts 202
- MySuper funds 194
- negative gearing 185–187
- next generation, stacking for 58–59
- nominations, binding and non-binding 332–335
- non-binding nomination 332–335
- Packer, Kerry, on tax 184–185
- parents, shortcomings of 5–6
- personal insurance
- — questions around 77–78
- — summary 68–70
- personal legal representative 334
- personal non-concessional contribution to super 205
- playing favourites 168
- positive gearing 185–187
- power of attorney strategy 328–332
- pre-retirement comparison for comfortable retirement 109
- preservation age 260
- principal 28
- property
- — as assets 164
- — as investments 171–172
- public sector funds 194
- rates of return on investments 44
- rational value 47
- re-contribution strategy 221–225
- ‘real return’ on term deposits 271
- realistic, being 30–32
- Receipt Catcher and ReceiptJar apps 126
- recovery insurance 300
- redundancy, strategy stacking around 53–55
- repayment of borrowings 135–136
- repayment options
- retail income protection insurance 293–294
- retail super funds 193
- retirement
- — expectations of 246
- — goals for 254–255
- — income needs in 254
- retirement, comfortable, strategy stack 112–116
- retirement fees, typical 283–285
- retirement home and tax scenario 214
- retirement strategies
- — appropriate retirement fees 279–286
- — appropriate super fees 225–230
- — appropriate tax in retirement 286–290
- — retirement income vehicles 262–271
- — retirement investment 272–275
- — retirement readiness 247–256
- — transition to retirement 257–262
- — unexpected expenses 276
- retirement vehicles, taxes on 287
- revenue for key person insurance 314, 315–316
- reverse mortgages 269–270
- reversionary pension strategy 332–337
- rewarding yourself 32–34
- risk assessment strategy
- — framing 138–142
- — in retirement 251–253
- — using 48–50
- salary continuance policy income protection 293–294
- salary sacrifice option 258–259
- saving for house strategy stack 87–93
- savings comparison
- — mortgage reduction 98–99
- — saving for house 90
- school education, shortcomings of 4–5
- second jobs 43–44
- self, rewarding 32–34
- self-funded income protection 293
- self-funded retirees and franking credits 177–178
- self-managed superannuation funds (SMSFs) 194
- share price changes 149
- shares, Australian
- — as assets 162–163
- — as investments 170–171
- shares, international
- — as assets 163–164
- — as investments 171
- side hustles 43–44
- specific employer funds 266–267
- spending
- — at start 73–77
- — and choice 45–48
- — paying attention to 22–25
- — planning 129–131
- — questions around 79
- splitting boost and tax scenario 213–214
- spouse contribution strategy 217–219
- starting position
- — assessing 61–79
- — exercise 64–79
- — working out 77–79
- strategies
- — estate planning 321–337
- — framing 121–142
- — investment 143–189
- — retirement 245–290
- — superannuation 191–244
- — wealth protection 291–319
- strategy stacking
- — appropriate 50–51
- — calendar 81–84
- — definition 37–39
- — development of 51–52
- — scenarios 85–117
- — starting position 64–79
- super investment strategies 241–244
- super splitting strategy 212–213
- super vehicle strategy 192–198
- superannuation
- — boosting 259–260
- — consolidating funds 198–203
- — contribution types 204
- — fees and fund structures 226–227
- — investment strategies in 241–242
- — investments outside of 267
- — making extra contributions 204
- — minimum withdrawal amounts 264
- — old-style products 181–182
- — summary 68
- — taxes on contributions 231–232
- — taxes on death benefits 233–234
- superannuation income protection 293
- superannuation nomination strategy 332–337
- superannuation option
- — for life protection strategy 310
- — for TPD protection strategy 304
- superannuation strategies
- — appropriate tax in super 230–236
- — consolidation 198–203
- — contribution 203–209
- — contribution catch-up 209–212
- — downsizing contribution 236–241
- — government co-contribution 219–221
- — re-contribution 221–225
- — spouse contribution 217–219
- — super investment 241–244
- — super splitting 212–217
- — super vehicle 192–198
- superannuation-linking TPD option 304, 306
- take-home pay
- — comfortable retirement 106
- — mortgage reduction 96–97
- — saving for house 88
- tax deduction, planning for 7–8
- tax planning strategies 183
- tax rates and types of super contributions 232–233
- taxes
- — on earnings within superannuation 233
- — on superannuation contributions 231–232
- — on superannuation death benefits 233–234
- term deposits, ‘real return’ on 271
- testamentary trust strategy 326–328
- time frame, adding to ‘why?’ 16–17
- timing of contribution strategies 206
- total and permanent disability (TPD) insurance
- — choosing policies 304–306
- — policy option 304
- total and permanent disability (TPD) protection strategy 303–309
- transfer balance cap 334–335
- transition to retirement strategy 257–262
- trauma, strategy stacking around 57–58
- trauma protection strategy 299–303
- trust ownership investment strategy 153–154
- TV, buying 135
- unexpected expenses strategy 276
- unexpected windfalls, strategy stacking around 56
- wealth, generational attitudes to 59
- wealth protection comparison in mortgage reduction 100–101
- wealth protection strategies
- — income protection 292–299
- — key person protection 313–319
- — life protection 309–313
- — total and permanent disability protection 303–309
- — trauma protection 299–303
- website for Starting Position exercise 64
- ‘why?’
- — as basic question 13–17
- — in retirement 247–249
- — and strategy stacking 39–40
- wills 323–326
- windfalls, strategy stacking around 56
- working hours, reducing 257–258
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