Avante Financial Services | Financial Advice Blog
Sep 19

Modest vs Comfortable Retirement Lifestyle

Modest vs Comfortable Retirement You may have grand plans for travel, leisure and living the good life in retirement, but how easily will these things be within your reach? Will you have the choice of a modest vs comfortable lifestyle? Assuming you own your home outright and are relatively healthy, the current figure stands at […]

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Sep 05

Future Retirement Planning

‘Prepare yourself for the future retirement you want’ Living the retirement lifestyle you want takes careful planning. And while everyone’s ideal future retirement is unique – and could involve a sea or tree change, travel and time dedicated to hobbies – most of us want to continue with the standard of living we enjoy during […]

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Aug 30

Personal contributions and deductions

Are you entitled to a tax deduction on super personal contributions? This financial year is the first time that employees can claim a tax deduction for their personal super contributions. Personal super contributions made during the 2017-18 financial year can now be claimed as a tax deduction by most Australian workers. This follows changes made […]

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Aug 16

Parents – When to charge kids board

Should parents charge kids? I recently came across a news story about a hapless New York couple, who have taken their 30-year old son to court in a last ditch effort to get him to move out of home. My first thought was “only in America”. But here in Australia, high rents and low housing […]

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Aug 02

Watch out for tax scams

The end of the financial year will likely bring the usual wave of tax scams. Here’s what to watch for. The Federal Budget is behind us, and amid the celebrations over tax cuts (around $500 annually for low to middle income earners), now is the time to be mindful of scammers pretending to be from […]

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Jul 19

Smart super strategies for this EOFY

Want to help boost your retirement savings while potentially saving on tax? Here are five smart super strategies to consider before the end of the financial year. 1.  Add to your super – and claim a tax deduction This financial year, there are new rules about who can claim a deduction for personal (after tax) contributions […]

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Jul 05

Financial goals: sport lovers enjoy better

‘Financial goals measured better if you have a passion for sports’ If your golf clubs have been under wraps or your tennis racquet has been tucked away for some time, it could be worth dusting them off. Research by AMP found Australians who play sport regularly are 64% more likely to achieve their financial goals […]

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Jun 21

Retirement Age in Australia: What is it?

With no definitive retirement age in Australia, the date you exit the workforce will probably come down to personal circumstances and whether you can afford it. The retirement age in Australia isn’t set in stone. You can really retire whenever you want to, but health, financial commitments and your ability to fund the lifestyle you […]

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May 15

Personal debt: is it a problem for Australians?

Be in control of your personal debt Household and personal debt in Australia is high but more of us are taking a sensible approach to debt management. Nationally, our household debt ratio is nudging 200%. On paper it means we owe twice as much in debt as we bring home in our pay packets each year. […]

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