BMG Financial Planning and Accounting Albury Wodonga

October 2017

Retirement savings | Home loans | Financial stress | Investment bonds | Teamwork

In this month’s newsletter, we discuss several considerations for retirees in terms of retirement savings and longevity risk. In our animation, we provide you with helpful tips for paying off your home loan sooner. At some point in your life, you may have experienced a certain level of financial stress due to one or a combination of issues; we explore ways to deal with financial stress. Depending on your personal circumstances, you may find that you hold an “investment bond” within your overall investment portfolio; we take a closer look at what this is. Lastly, we hope you enjoy our motivational video that showcases individuals coming together to form a team and achieve a common goal.

Retirement savings and longevity risk

One of the risks facing retirees is the potential of running out of money in your retirement savings by living longer than expected; this is commonly referred to as longevity risk. In this article, we discuss several considerations for retirees in regards to longevity risk.

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Tips for paying off your home loan sooner

Whilst a home loan may help you to enter the housing market, it’s important to remember that this will most likely be the largest debt that you pay off in your lifetime. In this animation, we provide you with helpful tips to pay off your home loan sooner.

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Recognising and dealing with financial stress

Financial stress can arise at any point in your life. The cause, and the resulting level of financial stress, can vary. It’s important to recognise and deal with financial stress when it does present itself. In this article, we explore several ways to help deal with financial stress.

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What is an investment (insurance) bond?

Depending on your personal circumstances, you may find that an investment bond forms a component of your overall investment portfolio. In this article, we take a look at what an investment bond is and some important considerations before investing in one.

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Teamwork, leverage and achieving a common goal

One of the greatest benefits of teamwork is the power of leverage. This refers to the advantage you gain by having more than just you working towards a desired outcome. In this motivational video, we see individuals come together to form a team and achieve a common goal.

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