TTR pensions enable eligible individuals, typically those between the ages of 55 and 60, to access up to 10% of their TTR pension account balance each year, even if they continue to work. Here’s what you need to know.
When it comes to managing your finances and making investments, understanding the definition of compound interest vs simple interest can make a huge difference.
Retirement is a significant life milestone that requires careful planning and consideration. The process of building and accumulating funds that will sustain your desired standard of living during retirement is a central strategy.
The Transition to Retirement (TTR) strategy offers a unique opportunity for individuals aged 55-plus to reduce their tax burden while still working part-time. In this article, we further explore the TTR strategy with practical steps to optimise its benefits with respect to tax and tax planning.
To truly enjoy your retirement, we need to have enough money to live on. In Australia, this means having a substantial amount of savings and investments to support our later years. But how much money do you need to retire?
As part of our ongoing commitment to providing exceptional tax, accounting and wealth advice to individuals and businesses, OBT Financial Group has opened a second office in Esk.
Life is unpredictable and unexpected events such as accidents, illness or death can occur at any time. Having personal insurance can provide financial protection and security against such events.
As you approach retirement, you may consider how to transition from full-time work to retirement. One option is a transition to retirement (TTR) strategy.
Aged care specialist and OBT Wealth Advisor Bruno Tjelder explains why aged care planning is important and how it can benefit you and your loved ones.
The reduced eligibility age to make a downsizer contribution from age 55 is now law.