O'Donnell Kerr Financial Planners

Thanks to the team at O'Donnell Kerr Financial Planners for supporting Cairns BMX Club.

It’s great to have local businesses supporting our local events, we are grateful to have you on board!

Should our super be limited? There has been an interesting debate being played out in various sectors of the superannuation industry in recent months. While it will have very little impact on most Australians, it is worth touching on the interests of a wider debate.

A fast-moving couple of weeks Since my last blog, Should our Super be Limited?, there has been quite a bit of press coverage, not only in the financial sector, but also in mainstream media on potential changes to superannuation.

What does 2023 hold in store? So, what will 2023 hold for us and our financial plans? Here are a few thoughts…

A downsizer update A downsizer update

What is...the work bonus? The Australian age pension is not a universal pension scheme. By that, I mean it is not freely available to everybody. To qualify for the government sponsored age pension eligible applicants are subject to meeting an assets test and an income test. These tests determine how much, if any, age pension...

Something positive from the pandemic Something positive from the pandemic

https://www.odonnellkerr.com.au/can-i-access-my-super-early

Can I access my super early? Most superannuation benefits are “preserved”. That is, they cannot be accessed until certain conditions have been met. These are referred to as “conditions of release”. The most common conditions of release include: Retirement, after having reached preservation age see the following table) T...

Retirement - 6 months in! On 17 September 2021, I retired from full-time work and started a new phase in my life. Although I have written numerous times about retirement, I previously had no real-life knowledge of what retirement would really be like. So, for my partner and I, retirement would be a whole new experience. Afte...

Retirement just got more expensive Regular readers of this blog will be familiar with the Retirement Standard released by the Association of Superannuation Funds of Australia ASFA) each quarter. The Retirement Standard provides a detailed budget of the estimated minimum living cost to support a comfortable and a modest lifestyle for....