R&R Wealth Solutions

We work hard for our money. We earn it, save it, spend it & hopefully set some aside for the future too.
Your money can have a job too as saving is not always enough.
Investing puts some of your money to work with the aim of building wealth over time.

Your money has a Job: Make it work harder Most of us work hard for our money. We earn it, save it, spend it and hopefully put some aside for the future. But there comes a point when saving alone may not be enough.Your money can have a job too.Investing is about putting some of your money to work with the aim of building wealth over time. De...

Great video from Vanguard. A reminder that the importance is time in markets, not timing markets. Something we discuss with our clients on a regular basis and takes on more significance during a downturn when all the news is negative

The Unluckiest Investor Meet Steve. Australia's unluckiest investor. Steve always seemed ...

Some great tips here in the absence of formal education in our childhood and early adulthood about investing and super. The power of knowledge and time is invaluable...

Seven things I would tell my younger self about superannuation and investing At 60, retirement no longer feels like a distant event. It is close enough to imagine the lifestyle I want, the experiences I hope to enjoy and the financial decisions that will shape the years ahead. Looking back to when I first started work, superannuation was rarely something I thought about. It....

Our most often asked question is do I have enough to retire? To answer this, you first need to define what retirement is for you. The earlier you start planning, the better your chances become of not compromising on the things of high importance to you when retirement time arrives...

news.randrwealth.com.au

A successful retirement requires financial preparation, realistic expectations and a clear idea of how you want to spend your time. Here are seven signs that you may be ready to retire.

news.randrwealth.com.au

5 simple and easy ways to raise children's awareness about expenses

Helping kids with living expenses – prepare them for the responsibilities of adulthood There’s a family event of sorts that gives parents mixed feelings of sadness, apprehension and relief — and children a lot of excitement: when a child leaves the proverbial nest. Now, this can happen early during your child’s teenage years or much later in life. Either way, when your child lea...

Estate planning unfortunately is a potentially costly afterthought for most and is more often than not associated with a Will, but it is about so much more. Explained further here...

Understanding powers of attorney, enduring powers of attorney and advance care directives As we move through life, we plan for many things — work, family, retirement and finances. Yet one area that is often overlooked is planning for a time when we may not be able to make decisions for ourselves. This is where documents like a Power of Attorney, Enduring Power of Attorney, and an Advan...

Are you prepared to maximise your EOFY position? Here are some things to consider

EOFY is approaching: what can you do now to maximise this financial year and prepare for the next? As 30 June approaches, many individuals and business owners start thinking about tax. But the best tax outcomes are usually achieved before the Financial Year ends, not after it. EOFY is the perfect time to review your income, expenses, superannuation, business performance, records and future planni...

Market timing is impossible, but it doesn't stop people from trying. Changing investments during a market downturn has consistently shown to deplete more wealth than it adds.
In addition in a member style super fund (industry, corporate or retail), a "not often discussed consequence" is other investors' decision to switch will also create a tax outcome, likely reducing your own investment return as a result.

‘Don’t panic’: cash isn’t king when it comes to super Ups and downs are a part of life and especially when it comes to your superannuation pool. The past month has seen heightened volatility in financial markets, where much of Australians’ super is invested. Some have seen their funds drop thousands of dollars since the US attacked Iran on February 2...

Markets are currently experiencing volatility due to concerns over the Middle East. This volatility however is normal and part of long term investing, it is just the reason or event causing short term movements that changes

Volatility is normal: Why long-term wealth depends on staying the course Turn on the news during any period of global unrest and it can feel like the financial world is unravelling. Markets fall sharply. Headlines scream crisis. Investors begin to question everything. And yet, history tells a very different story. Share markets rise and fall. They always have. Volatility...