Debt Consolidation: A Clearer Path Out of Debt
Most people don’t set out to accumulate multiple debts. It happens gradually. A credit card covers a few unexpected costs. A personal loan helps with a car or a renovation.…
Retirement Planning
What to Do When Super Volatility Impacts Your Retirement Plans
When markets get bumpy or household budgets feel tighter, it’s common for people to start questioning their super. Whether you’re still building your balance or beginning to rely on it…
Are Offset Accounts Always the Best Option for Home Loans?
Mortgage offset accounts have steadily increased in popularity since they were first introduced in Australia in the late 1980s. A recent study by the University of Sydney found that around…
Transition to Retirement Pensions: A Step-by-Step Guide
As you progress towards retirement age, the idea of reducing your working hours can be appealing, especially if you can do it without reducing your income. Fortunately, there is a…
Understanding Age Pension Rules in Australia: Eligibility, Income and Assets Tests
We’d all love to be self-funded in retirement, but for many of us it’s simply not possible. Sometimes we can partially self-fund, sometimes not at all and this is where…
Help Your Kids Buy a Home Without Risking Retirement
It’s understandable, in today’s tough housing market, that you want to give your children a leg up onto the first rung of the homeowning ladder. But before you do, stop…
Should you Downsize to Boost Your Super? Pros, Cons, and Tax Implications
The idea of downsizing can be very appealing to empty-nesters. There will be less cleaning, gardening and maintenance, more time for hobbies and travel, and the icing on the cake…
Division 293 Tax: What High-Income Earners Need to Know
Division 293 tax applies to concessional super contributions when income exceeds $250,000 What is Division 293 Tax? Division 293 tax is an extra tax for high-income earners in Australia. If your…
What Is An Effective Way to Save for Retirement
What Is An Effective Way to Save for Retirement Ascent Wealth Solutions_What is an effective way tto save for retirement