Right Choice Financial: February 2023 Newsletter
The holiday ‘slow down’ is already behind us, schools have reopened, and for most of us, it’s now back to business as usual. If money matters aren’t on your radar just yet, we’ve got some food for thought this February.
First, some good news for those in their 50s. The eligibility age for downsizer contributions has reduced, opening up another potential opportunity to help boost your super and savings for retirement. If you’re a long way off from retirement and need some inspiration on growing your super this year, Simon Russell explains how your future self might just help you out.
This month, we also look at some tips for career changers, how to have difficult money conversations, and helping parents make a smooth transition into aged care.
Enjoy the edition and be sure to follow us on the social media links below.
The eligibility age for the downsizer contribution has changed. Do you qualify?
If you’re in your 50s and selling your home is on the radar, you may be able to use some of the proceeds to boost your super.
Q&A: How can I start a difficult conversation about money?
Conversations about money can be hard at the best of times. We share some tips on how to ease tension and get things flowing.
Why your future self could hold the key to growing your super
Simon Russell of Behavioural Finance Australia shares some insights to help get your super savings on track this year.
Facing into fear: The key to a smooth transition into aged care
Moving into aged care can be a daunting prospect. Louise Biti from Aged Care Steps shares some practical tips to help parents settle in sooner.
What to think about if you're serious about switching careers
Contemplating a career change? Read on for some practical things to consider before you take the plunge.