Each year The Superannuation Handbook is fully revised and updated to reflect the many changes to superannuation rules, the ways you can save for retirement and the best way to eventually access your savings without it costing you thousands in fees. It includes information on the myriad changes that have been recently proposed and come into effect after July 1, including the changes that effect self-managed superannuation funds and small business owners. Comprehensive single-volume reference on all aspects of superannuation, from established expert authors Now in its sixth year of publication Published each year in August so that the latest changes to super, including those announced for the May Federal Budget, are covered Plain-English, concise explanations and over 100 practical examples to illustrate money-saving, wealth-creating strategies Barbara Smith won an Order of Australia in 2006 for her contribution to the Australian financial services industry, reinforcing her reputation as a trusted and reputable adviser and commentator
Do you manage your finances so that you will have a comfortable lifestyle when you retire? Is your money working as hard for you as it possibly can? If you answered no to either of these questions, then this book is for you. In the 1st edition of this bestseller, Barbara Smith and Ed Koken -- popular authors, certifi ed financial planners and superannuation specialists -- showed you how to create your own comprehensive financial plan and put it into practice. In the 2nd edition, they also show you how to: afford your own home and use it to create wealth from other asset classes use the internet to manage your finances invest in popular products like CFDs and managed investments make the most of government bonuses and grants. Don't spend hundreds of dollars on financial planning when you can do it yourself with Smith and Koken!
Most people now understand the need to work hard to accumulate wealth for when they retire from the mainstream work force. What people do not realise is that the need to manage your finances does not stop when you stop work. If we are lucky, we can expect to live until we are 80 or more and if we retire at 60 that means that our superannuation has to last for at least 20 years! Careful planning is required to ensure that the funds under management continue to create enough income to support us during this time. Then there is the question of estate planning. Do we want to leave wealth for our children or do we want to SKI (Spend the Kids Inheritance)?All these financial questions and some lifestyle issues are addressed by high-profile authors Barbara Smith and Ed Koken, experts in the fields of personal finance and retirement planning, in their latest book DIY Retirement Planning, a sister publication to DIY Financial Planning.
Do you manage your finances so that you will have a comfortable lifestyle when you retire? Is your money working as hard for you as it possibly can? If you answered no to either of these questions, then this book is for you. In the 1st edition of this bestseller, Barbara Smith and Ed Koken -- popular authors, certifi ed financial planners and superannuation specialists -- showed you how to create your own comprehensive financial plan and put it into practice. In the 2nd edition, they also show you how to: afford your own home and use it to create wealth from other asset classes use the internet to manage your finances invest in popular products like CFDs and managed investments make the most of government bonuses and grants. Don't spend hundreds of dollars on financial planning when you can do it yourself with Smith and Koken!
Have you set financial goals for yourself and your family? Do you arrange your finances so that you will have a comfortable lifestyle when you retire? Is your money working as hard for you as it possibly can?If you answered 'no' to any of these questions, this book is for you. If you answered 'yes' to all of them, give it to someone you know!In this updated and revised version of DIY Financial Planning, Barbara Smith and Ed Koken show you how to plan your financial future and how to put that plan into practice. Their easy-to-read guide contains forms that you can fill in after you have read each chapter, so that you can assemble your own financial strategy as you go. When you finish, you will be well on your way to planning the future you want, and armed with the knowledge to make it happen. Starting with assessing your current monetary situation, Barbara and Ed then look at: Budgeting and borrowing Taxation issues Superannuation and retirement planning Key financial planning strategies Real estate, the sharemarket and other investments Insurance Saving and investing Estate planning Preparing your DIY financial plan All of these issues are addressed with a view towards maximising your after-tax income and net wealth.
The government is encouraging us to stay in the workforce for longer but how many of us really want to work until we are 67 then retire on a pension? It doesn't have to be like that. You can take control of your financial destiny and Retire Richer, Younger.If you haven't already started on your financial journey you can't change the past but you can begin now! Whether you are 21 or 61, this book is designed to assist you in planning for an earlier retirement date and a more financially secure retirement. It encourages readers to review their own situation:How much have I got already?How much will I need?How can I achieve my financial goals earlier?What do I need to do when I retire? It's never too early or too late to start planning for retirement. The sooner you start building assets, the earlier you can retire, and the more likely you are to be able to fully self-fund your retirement. But if that achievement is not possible the part-pension option may be the way to go. There are various ways of funding your retirement and Smith and Koken explain many of them in this book. Superannuation and taxation experts, Barbara Smith and Ed Koken explain the importance of budgeting, saving and investing wisely over your working life. Perhaps most importantly they explain how superannuation can help you reach your goals sooner.
Superannuation ?The Choice is Yours explains Australia? increasingly complicated superannuation rules in plain English. Expert superannuation authors, Barbara Smith and Ed Koken will help you understand how the choice of fund rules apply and what you need to do to comply with choice of fund rules.Whether you are an employer or an employee, or even an adviser, you undoubtedly feel overwhelmed with the ever changing and growing requirements. The superannuation choice of funds is another big change and in fact is the most significant change to superannuation rules as they apply to employers and employees since the introduction of the Superannuation Guarantee legislation in 1992.
It's your life and it's your retirement lifestyle ?make the most of your money and your life while you are here. Use and apply the information from this book to your own circumstances and it will help you save tax, increase your retirement income, and have the dignity and lifestyle that you want and deserve for the rest of your life.
Keep It Simple Super explains what you need to consider before setting up an Self Managed Super Fund right through to closing it down. and virtually everything in between.
Each year The Superannuation Handbook is fully revised and updated to reflect the many changes to superannuation rules, the ways you can save for retirement and the best way to eventually access your savings without it costing you thousands in fees. It includes information on the myriad changes that have been recently proposed and come into effect after July 1, including the changes that effect self-managed superannuation funds and small business owners. Comprehensive single-volume reference on all aspects of superannuation, from established expert authors Now in its sixth year of publication Published each year in August so that the latest changes to super, including those announced for the May Federal Budget, are covered Plain-English, concise explanations and over 100 practical examples to illustrate money-saving, wealth-creating strategies Barbara Smith won an Order of Australia in 2006 for her contribution to the Australian financial services industry, reinforcing her reputation as a trusted and reputable adviser and commentator
Investment Freedom helps trustees of self-managed super funds use the freedom they now have to make their money work harder for them. The book is specifically aimed at people who already understand the basics of investment and now want to learn more about the alternative options that are available to help them create wealth for their retirement. Containing innovative strategies to increase returns for trustees and beneficiaries, Investment Freedom discusses: * how to leverage into shares using instalment warrants * alternative investments such as private equity and hedge funds * increasing income using hybrid securities and equity linked term deposits * capital preservation strategies * taxation issues including franking credit rules and capital gains tax.
This 8th edition provides practical and current information for advisors and individuals in plain English. Including, payments for families, youth allowance, payments for farmers, retirement planning and estate planning.
Provides tax and financial planning information, tips and guidance appropriate for anyone who provides social security and planning advice to their clients. Allows a thorough analysis into clients' goals and overall financial situation, using the most practical and up to date information.
A condensed guide for people who want to quickly come to terms with their superannuation responsibilities and the wealth creating opportunities it can offer. Fully updated, this guide is packed with information for: employees who want to know about salary sacrificing, the self-employed, DIY super trusts, and more.
Superannuation legislation is constantly changing. This is the fourth annual publication of the Superannuation Handbook which takes in all the changes and revisions necessary to bring the content right up-to-date for the new 2006-07 tax year.The Superannuation Handbook 2006-07 has been fully revised to reflect the many changes to how we can save for retirement and the best way to eventually access our savings. Written in the straightforward style that has become a trademark of Smith and Koken, and full of practical examples, this handbook will demystify superannuation and bring you up-to-date with current rules and legislation. There is new information on:* choice of fund legislation and how it affects employees and employers* co-contribution opportunities for low-income earners* complying market-linked pensions, also known as term allocated pensions* pension withdrawal before retirement rules.
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