When it comes to superannuation and retirement, this is a question you’ve no doubt heard before. The answer involves a tricky balance of cashflow modelling, investment forecasting and risk management. For many SMSFs, the question of “how much is enough” means they face retirement with uncertainty and trepidation, despite having a decent amount of wealth. […]
This question gets asked a lot. Rather than answer it, this post simply sets out what that calculation need to take into account. 1. How much do I want to spend in retirement (if it’s less than the Age Pension then I don’t need to save anything at all!) 2. What’s my current balance (including […]
Curious? Accountants can register with Apricot’s ECPI certificates system for free. Just click the ‘Register’ link at the top right of this page. The Expected Return report is available with your next actuarial certificate as a complimentary service. What are you waiting for? Methodology and assumptions Our partner – 10E24 Pty Ltd The 10E24 […]
This article is not about Apricot (although we do aspire to have good branding). Here we’re simply observing a few other companies whose marketing and design styles we like. [We are not endorsing the companies in any way!] Too often, financial firms revert to jargon and detail and assume everyone is very ‘left brain’. But […]
“To have more than a coin-toss chance that a person’s retirement planning horizon is sufficient, you need to look at the timeframe that gives 80% or more certainty of being sufficient,” the Institute says in a research note to financial planners. It goes on to say that while there is uncertainty around how long any […]
Most retired households will have a mix of assets at retirement with the most common being superannuation, home, and savings outside of superannuation. To complicate matters, retirees face two huge unknowns: What investment returns will be during their retirement; and How long they, and their spouse, might live. This uncertainty makes turning capital into lifetime […]
The ATO have added a substantial level of complexity to the calculation of exempt current pension income for SMSFs. This article covers the new changes to segregation, the disregarded small fund asset rules, transition to retirement income streams and walks you through how to use your tax exempt percentage.
BGL partner Apricot Actuaries have drawn on their experience in the digital advice space to apply ‘Fintech’ thinking to actuarial certificates. Their CEO and actuary Jim Hennington explains what makes a ‘Fintech’ actuarial certificate. Traditionally, actuarial certificates have followed a static sequence: fill out a form, send to the actuary, respond to calls/emails back and […]
