The Latest Financial Information

managing Cashflow
Posted in Aged Care.

Managing cashflow when the home won’t sell

COVID-19 has turned everyone’s world upside down – and the implications are widespread. People moving into, or already living in, aged care are feeling the stress with implications around how to manage the former home. A move into residential aged care often leaves the former […]

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Photo of a person looking over their bills.
Posted in Super.

Accessing your super COVID -19

From 20 April 2020, people affected by the COVID-19 pandemic may be eligible to apply to access up to $10,000 of their super in 2019-20 and a further $10,000 in 2020-21. In the main, superannuation benefits are preserved. That is, they cannot be accessed until […]

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Visualisation of turning insurance on | Featured Image for Income Protection 101 Page by Approved Finance.
Posted in Insurance.

Income Protection 101

There’s not much you can do without an income. In monetary terms, your ability to earn an income is your biggest asset by far – which is why income protection is so important. When you’re protecting your biggest asset, there are 3 things you need […]

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Photo of an elderly man sitting on his verandah | Featured Image for In Retirement Page by Approved Finance.
Posted in Retirement.

Retirees have insufficient funds

Roy Morgan research conducted in the twelve months to January 2019 shows more than 430 thousand Australians will retire in the next 12 months with an average gross wealth of $299 thousand – much less than the $545K recommended by the Association of Superannuation Funds […]

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