1 May 2015
Life in your 50s is great. You don’t have a huge mortgage, the kids have grown up and are not as dependent on you, your career has progressed… So what is next financially?
When you are in your 50s, you can see retirement on the horizon. Sure it might be 10-20 years off, but it is becoming more tangible. So if you haven’t already, you need to start some serious planning.
17 April 2015
Most of us look forward to stopping work and living the holiday lifestyle. Retirement gives us the freedom to do the things we’ve always dreamed of doing, but to achieve this goal will require a bit of planning because thanks to modern health care, we’re living longer.
Statistics from the Government Actuary show that a 60 year old woman can expect on average to live to age 86 and a 60 year old man to 83 years. Of course, some people will die earlier and some will live longer - but depending on when you stop work you may have to support yourself for another 20 years or more!
16 January 2015
Get into good financial habits, lose weight and get fit, travel more, stress less. These are some of the most popular New Year’s resolutions around. Come 1 January, about 45% of Australians vow to make changes that better their lives. Most people however, will collapse long before reaching the finish line with only about 8% achieving their resolution.
The following ten good financial habits that were featured in the Autumn edition of “Financially Speaking” newsletter can help you make the most of your wealth accumulation strategy and get you on the road to achieving your financial goals you set in your New Year’s resolution.
3 November 2014
Boyce Financial Services (BFS) was recently awarded the “Lonsdale Practice of the Year” award at the Lonsdale and IOOF Alliances annual conference, defeating four other finalists on a national basis for the prestigious title.
Lonsdale Financial Group supports a network of more than 120 financial planning practices and 250 financial advisors from across Australia. The “Lonsdale Practice of the Year” award is bestowed annually to a practice judged on continuous business growth and success over the preceding 12 months.
17 March 2014
Major reforms to the aged care system will take effect from 1 July 2014. The financing arrangements for those entering aged care on or after this date have been revised, although those who enter before that date will continue under their existing arrangements.
A very informative article by Alex Denham on 21 February 2014 was published on www.cuffelinks.com.au and has been reproduced below with permission by Boyce Financial Services (BFS).