Author Archives: Scott Quinlan

Retiring with Mortgage Debt: Strategies and Considerations for Australians

Retiring with Mortgage Debt_ Strategies and Considerations for Australians

Research from the Australian Bureau of Statistics shows a significant shift in homeownership patterns among Australians approaching retirement. Between 1990 and 2015, the percentage of 55-64-year-olds who owned their homes outright dropped from 70% to 47%. At the same time, the proportion of those with mortgage debt increased from 12% to 31%, with the remainder […]

Investment and Economic Snapshot July 2024

Financial Advisers for Retirees

Investment & Economic Snapshot July 2024 Highlights Selected market returns (%), July 2024 Key market and economic developments in July 2024 Financial markets The technology sector cools as small caps rally The MSCI World Index (AUD) gained 4.1% in July, in a volatile month for global equity markets. Australian and US equities reached new all-time […]

Options To Build Your Superannuation And Lower Your Taxable Income

build your superannuation and lower your taxable income

Changes to legislation may allow super fund members to contribute more than the standard concessional contribution cap of $30,000 per annum. This is known as the carry-forward concessional contribution rule (also known as the catch-up concessional rule). It may allow super fund members to utilise any unused amounts of their concessional contribution cap from previous […]

SOLACE Financial Investment & Economic Snapshot

financial Investment & Economic Snapshot

Key market and macroeconomic developments FY 2023/2024 Jul 2023 The US Federal Reserve (Fed) increased rates by a further 25 basis points, citing concerns about inflation and tight labour markets for its decision. US and Australian Government bond yields rose throughout the month. Global financial markets improved, with most major financial assets generating solid returns […]

Taxes on Retirement Income – Everything You Need to Know

Financial advisers for veterans

Like most Australians, you have paid income tax throughout your working life. Now that you are retired, will you still have to pay tax? Well, it depends. While there are many ways people save and invest for retirement, different investments and structures have different tax rates, benefits and incentives that need to be considered. In […]