When looking at mortgage interest rates today, our parents compare and boast a high 17% rate when they bought a house.
During COVID a lot of Australian’s took advantage of the low interest rates on home loans, fixing their rate for a period of time. With those fixed home loans now reaching the end of their term, we are being forced to meet the current high interest rates which are substantially increasing the price of home loan repayments.
A study has found that the number of retirees who still possess superannuation funds at the end of their life has been grossly overestimated.
The ATO recently created a comparison tool to help members understand how their superannuation fund is performing. You can access this tool by clicking here. As with any comparison tool, it does not take into account your personal circumstances, future goals or risk tolerance.
We would firstly like to thank The Oasis Townsville for hosting Evergreen’s presentation last night regarding DVA & CSC financial entitlements during transition and allowing us to present to a wider veteran and support network audience.
We managed to get an extra present over the Christmas and New year break with the arrival of Yannick.
No one has achieved financial freedom with a January resolution that’s abandoned by February!
If you work in Queensland Health or for a not-for-profit organisation you may be eligible for salary packaging. This allows you to pay less tax on your income and therefore can be hugely beneficial in helping your money go further.
The benefit of an experienced financial adviser is their ability to assist you in living a comfortable, stress-free life. A financial adviser can help you to protect your income, reduce your debt and take full advantage of all the products suitable to your situation.
If you have received an email from Evergreen letting you know that you are due for your annual review appointment, we welcome you to update your details via your secure online portal ahead of your meeting.
|
Categories
All
Archives
May 2024
|