You may be familiar with the 10% savings rule.The idea is that, as soon as you are financially independent, you should save approximately 10% of your income for retirement, and it is a general guideline that gives you a starting point for your savings early on in life. If you consistently save 10% of everything...
Structuring for efficiency is about how you invest and how you hold your assets. Especially with regards to investing in a manner that will reduce taxes for you. You can get advice around how to do this from your financial planner. In this video, Ruark describes: The acronym S.M.A.R.T for tax reducing investing The benefits...
Planning for your retirement (whatever you think that might look like) is vital and offers huge benefits if you can start early. It is a good idea to start thinking about your lifestyle in retirement, even when you’re as young as 21. Ruark in this video shares some vital tips: Why planning retirement early is...
Retirement Annuities are possibly one of the most popular products in a financial plan. As long term investment products, they’re the first thing that most brokers or financial salesmen try to sell. They have many benefits, but need to be accurately managed in order to understand and enjoy these benefits. We hope this video clip...