O'Donnell Kerr Financial Planners

28/04/2023

Thanks to the team at O'Donnell Kerr Financial Planners for supporting Cairns BMX Club.

It’s great to have local businesses supporting our local events, we are grateful to have you on board!

03/03/2023

There has been an interesting debate being played out in various sectors of the superannuation industry in recent months. While it will have very little impact on most Australians, it is worth touching on the interests of a wider debate.

03/03/2023

Since my last blog, Should our Super be Limited?, there has been quite a bit of press coverage, not only in the financial sector, but also in mainstream media on potential changes to superannuation.

20/01/2023

So, what will 2023 hold for us and our financial plans? Here are a few thoughts…

02/12/2022

A downsizer update

02/12/2022

The Australian age pension is not a universal pension scheme. By that, I mean it is not freely available to everybody. To qualify for the government sponsored age pension eligible applicants are subject to meeting an assets test and an income test. These tests determine how much, if any, age pension...

29/07/2022

Something positive from the pandemic

06/06/2022

https://www.odonnellkerr.com.au/can-i-access-my-super-early

Most superannuation benefits are “preserved”. That is, they cannot be accessed until certain conditions have been met. These are referred to as “conditions of release”. The most common conditions of release include: Retirement, after having reached preservation age see the following table) T...

25/03/2022

On 17 September 2021, I retired from full-time work and started a new phase in my life. Although I have written numerous times about retirement, I previously had no real-life knowledge of what retirement would really be like. So, for my partner and I, retirement would be a whole new experience. Afte...

08/03/2022

Regular readers of this blog will be familiar with the Retirement Standard released by the Association of Superannuation Funds of Australia ASFA) each quarter. The Retirement Standard provides a detailed budget of the estimated minimum living cost to support a comfortable and a modest lifestyle for....

08/03/2022

If you are one of those people that are looking for opportunities to maximise your super, and claim a tax deduction along the way, there are strategies that may help. However, like most things relating to superannuation, there are some conditions attached. In this blog, I will focus on concessional....

28/01/2022

With a new year now upon us, our thoughts might have turned to making New Year’s Resolutions – those promises we make to ourselves at the start of each year. Sometimes our resolutions may involve money. That is, we plan to save more, or spend less, or get rid of nagging debt by paying off our cr...