Parkside InvestorPlus Articles

 

 

Preserving Your Wealth Through Generations

The Vanishing Fortunes: Why Today's Tech Billionaires Could Be Tomorrow's Cautionary Tales Imagine it's 2074, and a group of descendants from today's tech billionaires gather at a conference. The topic? How their families lost almost everything. Sound far-fetched? That's exactly what happened to the Vanderbilt family, on...

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Family Trusts – what are they and why you should think about having one-2024

Have you ever thought about setting up a family trust? Well interestingly more and more Australians are starting to do so. According to the Australian Financial Review, there are over 800,000 of them in Australia, managing $3 trillion in assets! Let's break down what these family trusts actually are, it can be a bit confusing. As a metap...

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The Quirks of Age Gap Retirement for Aussie Couples

Picture this: Kylie, 58, dreams of touring the Great Ocean Road in a caravan, while her partner, Sam, 42, is busy climbing the corporate ladder in Sydney's CBD. Welcome to the world of age-gap retirement planning in Australia, where the path to a relaxed lifestyle can be as winding as the roads through the Blue Mountains. While precise sta...

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Discussing Inheritance With Your Family

Let's talk about a topic that's often swept under the rug but is crucial for every adult: estate planning. It's not the most cheerful subject, but it's one that can make a world of difference for your loved ones after you're gone. Picture this: you've spent a lifetime building your legacy - your possessions, your saving...

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The Hidden Risks of Retirement: what you may not know!

In an era of economic uncertainty, planning for retirement has become more challenging than ever.  While many experts focus on the basics of saving and investing, few delve into the complex risks that retirees face in today's volatile financial landscape. In this article, let’s explore both the controllable and uncontrollable ri...

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