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The Latest News and Views from Ascent Wealth Management

Welcome to our latest newsletter.

We hope everyone is having a stress free run toward the endof the financial year.  For those of you looking for a tax deduction, I have a charity event that I'm supporting this year.  I've joined the Brisbane to Gold Coast Bike Ride this year to raise funds for the Mater Foundation for cancer research.  I figured that many of us have been touched by cancer, so it was a charity to needed my support.  If you'd like to help, please click on my fundraising page (below).

 https://fundraise.mater.org.au/fundraisers/stevenielsen/brisbane-to-gold-coast

On with the news !

Retirement is a day most of us look forward to, but the way we view retirement is changing. While some of us may want to stop working for good, others may choose to transition into retirement by reducing the number of days we work. Whichever option you choose, it's important to start planning early. Find out more in our first article.

From 1 July 2023, the Super Guarantee will increase from 10.5% to 11%. These changes could impact your super contribution limits. We explain more here.  

Share markets fluctuate regularly, but how much do you know about the ‘bull and bear’ market?

Having insurance can give you peace of mind should the unexpected happen. There are different types of premiums you can opt for but knowing which is best suited to you all comes down to your personal choice.

We all understand what the term ‘burnout’ means, but what do we do when we begin to feel burnt out? Discover ways to help you avoid or overcome burnout in this article.

We love to hear from you, so please feel free to contact us with any questions about our articles in this newsletter on (07) 3343 9228 or email admin@ascentwm.com.au

Kind regards,

Steve, Gavin and Katrina

Flexing your retirement plans

There’s a growing trend to ease into retirement by cutting back hours or moving in and out of work, but planning is key. Read full article >>

Understanding contribution caps

There are limits on how much you can pay into your super fund each financial year without having to pay extra tax. These limits are called 'contribution caps'. Read full article >>

Charting bear and bull markets

Bull market surges have been longer and stronger than the bear markets that preceded them. Read full article >>

Stepped vs level premiums: which is best?

These days, most people hold some form of life insurance in their super account. While this is a welcome safety net, the level of cover held this way is often inadequate. 

Read full article >>

7 things you need to know about burnout

As any small business owner knows, entrepreneurship can be all-consuming. Juggling jobs and wearing multiple hats can soon leave business owners with little time for anything else. Read full article >>