Paramount Financial Solutions

Wayne put this story together on a very important topic.
As always, if it raises questions, please feel free to reach out.

Retirement Planning Australia: Why You Must Prepare for Aged Care Early - Vanessa Stoykov Aged care is a reality for most Australians, yet few plan for it early. Discover why preparing now is essential for your retirement planning, and learn the key steps to protect your future.

A big shout-out to Paramount client Tony O'Brien and his company, Australian Winders, kicking big goals for the WA economy.

Over the course of my career, there have been numerous occasions when I have used the words of Shane Oliver to remind clients to stay the course when market activity is causing jitters among investors. The attached article is another salient and timely reminder of the requirements of being a successful investor.
As always, if the content triggers questions, please reach out!

Olivers Insights - Three reasons why it pays to be an optimist as an investor - AMP I have observed that not the man who hopes when others despair, but the man who despairs when others hope, is admired by a large class of persons as a sage.

https://vanessastoykov.com.au/blog/family-inheritance/inheritance-planning-dementia-mistakes/
Wayne put this piece together in conjunction with Vanessa Stoykov, CEO of Evolution Media.
If it prompts questions, please feel free to reach out to us.

Three Critical Mistakes to Avoid in Inheritance Planning for Dementia - Vanessa Stoykov Even careful inheritance planning can unravel when dementia and family conflict collide. Discover three mistakes to avoid if you want to protect your finances; and your peace of mind.

The truth on taxation. Ever since my career as a financial adviser started, I have listened to the rhetoric that the wealthy don't pay their fair share of tax. This always puzzled me, given our tax rates are "progressive", ie the more you earn, the higher rate of tax you pay.
To set the record straight, the following chart shows tax paid as a proportion of income earned. As you can see, the reality is a long way from the rhetoric.

https://www.afr.com/wealth/superannuation/five-signs-it-s-time-to-switch-superannuation-funds-20260215-p5o2du

While we don't subscribe to the premise that there are bad super funds, per se, only inappropriate investment strategies or fee structures, it pays to check that your fund is up-to-scratch. The AFR interviewed Wayne for this piece.........

Five signs it’s time to switch superannuation funds More than a million Australians switched their superannuation fund last year, here are some reasons why you should join them.

We usually refrain from making or sharing political comment, but the analysis of Australia's present economic situation, from one of the country's most respected financial commentators, no less, was too good not to share.

Inflation points its finger at another rate rise. Who's to blame? - Switzer Apart from the unemployment story where the jobless rate is a strong 4.1%, a lot of the Albanese Government’s books look worryingly bad. What’s my educated take on this?

https://web.joincitro.com.au/articles/mortgaged-to-the-eyeballs

I was interviewed for this piece on the growing trend of older Australians still having home loans as they approach retirement. If the story raises questions, feel free to reach out.

web.joincitro.com.au