Australia is on the brink of the nation’s biggest ever intergenerational wealth transfer. Yet estate or inheritance planning is rarely discussed by families. With baby boomers shifting into retirement, it’s important to start the conversation now about your legacy and the people it may impact.
We are seeing continued movement in interest rates after a lengthy period of historical lows, making this a good time to think about how your money is working for you.
New rules that came into force on July 1 will create opportunities for older Australians to boost their retirement savings and younger Australians to build a home deposit, all within the tax-efficient superannuation system.
Heightened global market volatility – as we’re experiencing right now – can easily trigger kneejerk reactions by panicked investors.
Most people are a bit hazy on the difference between a tax offset and a tax deduction. The key difference is the point at which they are applied to your income when calculating the final amount of tax payable.
Talking to your employer about setting up an arrangement to “sacrifice” some of your pre-tax salary could potentially lower your tax bill – and boost your retirement nest egg.
To ensure you have enough funds to live well when you retire, you need to learn what you need to do now to make sure you can have the lifestyle you’ve worked so hard to have—for the rest of your life.
Jacqui Sherlock, CEO of Sherlock Wealth was recently featured in an interview with Essential Solutions. Jacqui highlights her leadership journey and the important role that the whole team plays in creating a positive future for their clients.
In this video, our Head of Advice, Andrew Sherlock, shares his views on the impact of inflation and the war in Ukraine over the short and long term.
Some of the last sitting days before this year’s Federal election saw changes to the tax and super rules finally pass through both houses of Parliament. Here’s a roundup of some of the key developments.
