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superannuation planning

"How
Superannuation, Uncategorized

How Compounding Works Wonders for Your Super

Most of us want to secure as big a pot of money as we can for retirement. The trick is to make what cash we put aside over our lifetimes work as hard as possible. It needs to grow and grow for the best results.

You may find your Launceston financial planner refers to compounding as one of the great wonders of investing. Superannuation compounding is no exception. So, what exactly is compound growth in super? Read on to find out.

"How
Retirement Planning, Superannuation

How to Nail Your Retirement Number

When you’ve worked hard all your life it’s only natural to want a relaxed retirement, free from financial worry. Figuring out the cash you’ll need and how you’ll get to that magic number is fraught with complexity.

It’s never too early or too late to plan, so read on if it feels that time’s passing at lightning speed with the end of your working life within touching distance.

Find out how you can still make a difference to your retirement strategy with careful superannuation planning as part of a holistic approach to your financial future.

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Federal Budget, Finance Updates, PAC Financial

Federal Budget Briefing 9th May 2023

On Tuesday 9th May, Labor handed down its second Budget for 2023-24. The announcements were concentrated around providing support to ease the cost of living.
Below are some of the key announcements from the Budget and how these might apply to you if they become law.

Disclaimer: These are currently announcements only; the successful implementation of the measures will require successful negotiation through the Senate where the Government does not hold a majority. The final version of these measures may differ from the current announcements.

"When
Finance Planning, PAC Financial

When Is the Best Time to Visit a Financial Planner?

Life can throw any one of us a curve ball. Just when we think everything is going swimmingly, a death, redundancy or unexpected expense can knock us sideways.

With these kinds of life events, financial challenges can come raining down.

But, even at times when we mundanely trundle through life, it’s well worth taking stock and giving our financial well-being a health check. It’s arguably as important to visit a financial planner in the good times. Forewarned is forearmed, after all.

Read on to find out the best times to get the benefits a financial planner can bring you for a brighter financial future.

"What
Finance Planning, PAC Financial

What To Look for When Choosing a Financial Planner

Our financial situation can ebb and flow like the tide. When we’re young and carefree, we tend to see pensions as a low-priority consideration. The career-minded may build up sizable disposable income over time.

It’s not unusual to have financial blips before retirement. Kids, mortgages, redundancy or sickness may all have an impact. Choosing a financial planner should involve getting all your bases covered no matter your time of life or the size of your bank balance.

Read on for the tips you need to find a financial planner who’s always going to be the right fit.

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