Financial year in review, market update and downsizer contributions

In this months newsletter we have provided a summary of the financial year in review along with an interview with Bob Cunneen discussing the key events that have been driving markets.

We also take a look at the downsizer contributions which can be a real benefit and boost to those over 65.

From 1 July 2018 the downsizer super contribution will allow eligible Australians over the age of 65 to direct some of the proceeds from the sale of a long-held home into their super. The maximum amount you can contribute is $300,000 per person, so a couple could contribute up to $600,000.

This strategy could essentially turn you family home into a more comfortable retirement.

We also take a look at the side effects of smartphones, what it takes to digitally detox, and tips and tricks to distance yourself from distracting notifications. An article that might be worth sharing with some of the younger generation.

We hope you find these articles of interest and if you have any questions or feedback please let us know.

Regards,
Charmaine

GLOBAL WEALTH PARTNERS PTY LTD ABN 75 136 786 055 T/A GLOBAL PARTNERSHIPS FINANCIAL CONSULTING AUTHORISED REPRESENTATIVE OF GODFREY PEMBROKE LIMITED ABN 23 002 336 254
AUSTRALIAN FINANCIAL SERVICES LICENSEE AND INSURANCE BROKER
A member of the National Group of Companies REGISTERED OFFICE 105-153 Miller Street, North Sydney NSW 2060

This advice may not be suitable to you because it contains general advice that has not been tailored to your personal circumstances. Please seek personal financial and tax and/or legal advice prior to acting on this information. The material contained in this newsletter is based on information received in good faith from sources within the market, and on our understanding of legislation and Government press releases at the date of publication, which are believed to be reliable and accurate. Opinions constitute our judgement at the time of issue and are subject to change. Neither, the Licensee or any of the National Australia group of companies, nor their employees or directors give any warranty of accuracy, nor accept any responsibility for errors or omissions in this email.

Unsubscribe