 The old-fashioned method of payment of cash has become a thing of the past for most people.
But cash can be used as a great tool to cap your spending on certain discretionary expenses and not blow your budget out of the water.  One of the key things involved with retirement planning is finding out what the clients retirement goals are. Usually, this would involve a time where they would move from full-time work straight to fully retired.
 With most things in life, the people you choose to surround yourself with have a large impact and influence on your decisions. This is no different when it comes to your financials.
 When discussing money in a relationship, it's not rare for arguments or disagreements to occur... We're only human. Being aware of the reasons why, however, can help with the communication process and understanding of one another.
 There is common belief that you should move all your super into cash and defensive assets (such as fixed interest) when you retire. But it really depends on your current situation.
 My parents have always said to me, they plan to spend their last dollar on the day they die.
Before I was their financial adviser, I didn’t give this much thought.  What is a financial planner? It’s the most common question I’m asked. If you ask Wikipedia, a financial planner is ‘a professional who prepares financial plans for people’, which is akin to saying a concreter is a ‘professional who prepares concrete for people’. Not particularly informative.
 In preparing for retirement, a common strategy is to downsize the family home to a smaller and lower cost home. By selling and purchasing a lower cost, smaller house, and pocketing perhaps $100,000 to put into your superannuation, you could benefit from drawing an additional income of circa $8,000 pa. in retirement.
 Lighthouse Financial Advisers Townsville and Maria Pandalai from TravelManagers have teamed up to provide you with the information that you need to start planning for your dream holiday.
 John had woken that morning to find that it was finally here… the day had come… he had turned 55. It suddenly dawned on John, a sales rep, that he had exactly 10 years to ‘make hay’ before his planned retirement at age 65. Paid on a monthly basis, this equated to only 120 remaining pay cheques for the rest of his working life before he was on his own. John’s wife Judy, a nurse, was 2 years his junior but planned to retire at the same time as John in 10 years.
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