Concept Financial Group

Tax is often the last thing on our minds when we're planning for retirement but it's important to understand how your retirement income will be taxed, so you can make the most of your savings. Learn more.

Will I pay tax on my super when I retire? - Concept Financial Group Tax is often the last thing on our minds when we're planning for retirement but it's important to understand how your retirement income will be taxed, so you

With interest rates continuing to rise, reducing your mortgage interest rate can be a great way to save money so you’re not out of pocket and can keep or invest more of what you earn. Here’s a four step plan that may help reduce your mortgage repayments.





Read more...https://conceptfinancial.com.au/how-to-reduce-your-mortgage-interest-rate-and-fees/

Retirement is a major milestone in life, representing the end of years of hard work and dedication. It's a time to enjoy the freedom to pursue your passions and interests without being tied to a work schedule. We address commonly asked questions and outline steps for growing your money.

Commonly Asked Questions - retirement planning - Concept Financial Group Retirement is a major milestone in life, representing the end of years of hard work and dedication. It's a time to enjoy the freedom to pursue your passions

Contrary to what some people may think, debt can help you build your wealth – especially if the debt is used responsibly with a clear plan and objective. Learn more.

How debt can help you build long-term wealth - Concept Financial Group Contrary to what some people may think, debt can help you build your wealth – especially if the debt is used responsibly with a clear plan and objective.

Here’s a quick checklist to help you prepare for the end of financial year and maximise your tax time benefits.

7 ways to get ready for tax time - Concept Financial Group Here’s a quick checklist to help you prepare for the end of financial year and maximise your tax time benefits.

It can be hard keeping up with all the latest super and tax rule tweaks so here’s a quick guide to everything you need to know about what’s changing on 1 July 2024.

Super and tax - what's changing on 1 July 2024 - Concept Financial Group They say nothing is certain in life except two things – death and taxes.

Investing your money may be an effective way to help you build long-term wealth. While it can seem overwhelming at times, you don't need to be a financial expert to be successful at it. Contact us today to learn more.

6 things to consider before investing - Concept Financial Group Investing your money may be an effective way to help you build long-term wealth.

The Total Superannuation Balance (TSB) was a significant change introduced as part of the Government’s superannuation reform package in 2017. However, unlike other changes, such as the pension transfer balance cap, the TSB has generally been overlooked despite its broad implications.

Do you know your Total Superannuation Balance (TSB)? You should! - Concept Financial Group The total superannuation balance or TSB was a significant change introduced as part of the Government’s superannuation reform package, taking effect on 1 July

Planning for retirement is a daunting task but it’s too important not to think about, especially for women. There are small steps women can take today to protect and grow their finances for the future.

How women can future proof their wealth - Concept Financial Group Planning for retirement is a daunting task but it’s too important not to think about – especially for women. Fortunately, there are some small steps women can

Cyber criminals are targeting people based on personal details and preferences and reeling them in with professional looking follow ups. Find out how to protect yourself.

Social media scams: Who’s really following you? - Concept Financial Group Cyber criminals are targeting people based on personal details and preferences – and reeling them in with professional looking follow ups. Find out how to

Balancing the responsibility of helping your parents financially while saving for your own retirement, is no doubt challenging. Effective financial planning can help you provide for your parents while still securing your own financial future.

Helping your parents financially while saving for retirement - Concept Financial Group Many people are finding themselves in a situation where they need to provide financial support to their aging parents.

It can take time and stress to figure out what type of insurance cover is best for you and how much of it you need. And the thought of making a decision that could have a major impact on your life can feel daunting. The good news is, we’ve got some great pointers for you.

Getting your insurance cover right - Concept Financial Group Let's run through some things to keep in mind to decide what level and type of cover you need.

In this article we look at some of the ways you can better manage the high cost of living by investing, increasing your income or reducing expenses.

Navigating the high cost of living in Australia - Concept Financial Group In this article we look at some of the ways you can better manage the high cost of living by investing, increasing your income or reducing expenses.

Breaking up is hard to do. It can be an emotional rollercoaster, with lots to consider – Do you have to move? Who’ll get the furniture? What are the kids going to do? Where will your pets end up? But what about financial matters – including splitting your super?

A breakup is super hard – and can be hard on your super - Concept Financial Group Love song dedications are out the window and you’re wondering how you’ll move forward, not to mention divide your money, possessions and debts. But what about

The risk of outliving your savings is known as longevity risk. With Australians living for longer it is more important than ever to make sure your savings will go the distance.

Outliving your savings - Concept Financial Group While living a long and healthy life is a goal for most of us, it does raise a valid question. Is there a chance that you could outlive your savings?

No matter your income level or financial goals, everyone can benefit from developing strong money management skills. Here are five rules of money management that can help build a solid foundation for financial wellbeing.

Five rules of money management - Concept Financial Group No matter your income level or financial goals, everyone can benefit from developing strong money management skills. Here are five rules of money management

Did you know, you could take advantage of potential tax benefits inside super to save for your first home? It’s been called the Australian Dream owning a home but saving for a deposit can be challenging. Learn about the FHSS Scheme and how it might work for you.

How first home buyers accessed $415m under the First Home Super Saver Scheme - Concept Financial Group Did you know, you could take advantage of potential tax benefits inside super to save for your first home?

Maximising super contributions for your spouse is a smart financial move that can benefit both your partner and your family's long-term financial security. However, it's essential to understand the eligibility criteria, contribution limits, and potential implications on your retirement plan and estate planning.

Maximising wealth together: Super contributions for your spouse - Concept Financial Group Maximising super contributions for your spouse is a smart financial move that can benefit both your partner and your family's long-term financial security. By

When it comes to your retirement there are four main risks that can impact your income: longevity risk, inflation risk, market risk and sequencing risk.

Reducing risk in retirement - Concept Financial Group We all think things will turn out better for ‘us’ than ‘them’. Such optimism can serve us well in life, but when it comes to money, balancing bias with facts

Although it can feel uncomfortable, talking about money is a good thing. Seek help from the experts to start positive conversations and keep things on track.

The money conversations you need to have - Concept Financial Group Although it can feel uncomfortable, talking about money is a good thing. Get some help from the experts to start positive conversations and keep things on

The top five lessons we learned in 2023 were that interest rate cycles can be different; consumers incomes are not the only source of support for spending; soft and hard data don’t necessarily move in line with one another; Government policies have important economic outcomes; and geopolitics matter.

Five lessons learned in 2023 - Concept Financial Group Students of economics are taught that monetary policy works with long and variable lags, up to 12-18 months. We had assumed that in the current cycle, the

Retirement planning is one of those things that often gets pushed to the back burner. Here we'll outline some steps you can take to secure your financial future.

What to do if you're 55 and have no retirement plan - Concept Financial Group Key takeaways

If there’s one rule of thumb for investors to bear in mind, it’s that “if it looks too good to be true, it probably is”. Here are the top pitfalls to avoid.

Make your money work harder – pitfalls to avoid - Concept Financial Group If there’s one rule of thumb for investors to bear in mind, it’s that “if it looks too good to be true, it probably is”.

Want to invest but don’t know where to start? Follow these 5 basic steps to be on your way. Reach out to us if you need advice.

What are the steps to investing? - Concept Financial Group Want to invest but don’t know where to start? Here are five basic steps for investing.

How healthy are your finances? Isn’t it time you put your own financial wellbeing front and centre? You can take control of your financial future quickly and easily, with a simple financial health check. Here’s how…

How to give your finances a health check - Concept Financial Group How healthy are your finances? Isn’t it time you put your own financial wellbeing front and centre? You can take control of your financial future quickly and

Saving money doesn’t come naturally to everyone. Some people are wired to save – for others it takes a bit more discipline. But developing good savings habits can do so much for both your financial wellbeing and your future security. These 7 tips could see you start to change your ways.

Getting smart about savings - Concept Financial Group Saving money doesn’t come naturally to everyone. Some people are wired to save – for others it takes a bit more discipline. But developing good savings habits

Your super balance will most likely play a big part in how comfortably you live in retirement. See the average super balance for your age group, so you can get an idea of how your super savings compare. Reach out to us if you need advice.

How much super should you have at your age? - Concept Financial Group Your super balance will most likely play a big part in how comfortably you live in retirement. But depending on how far off retirement is for you, it might be

With investment scams being the most common, it’s important to protect yourself from online criminals. Learn about what you should look for.

A real cybercrime story - Concept Financial Group Australians lost over $3 billion to scams in 2022 alone. With investment scams being the most common, consider these insights so you can better protect

There is no magic age at which to retire. This is in part because research shows we’re now living longer than ever. But what’s important, is to plan for a longer retirement than youmay expect. This is where we can help.

What's the best age to retire? - Concept Financial Group There is no magic age at which to retire. But what’s important is to plan for a longer retirement than you may expect. This is in part because research shows

In a world of ever-changing economic landscapes, achieving financial freedom has become a universal aspiration. Read about the essential strategies and mindset shifts required to pave the way toward financial independence.

Financial freedom: A comprehensive guide to achieving true financial independence - Concept Financial Group In a world where financial stability plays a crucial role in our wellbeing and future aspirations, the concept of financial freedom stands out as a beacon of