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Financial Focus | Winter 2024 Edition

Robert Impact Wealth • July 1, 2024

Financial Wellbeing

In this issue:

  • Mark your Tax Cut work for You
  • Music, maestro!
  • Do I need insurance once I retire?


Tax Cuts, make them work for you

  • Approximately 13.6 million Australian taxpayers will pay less tax from 1 July 2024.
  • There are number of small, yet powerful ways to maginify these cuts through additional mortgage repayments, extra superannuation contributions or additional investments.
  • Contact our office to see if you can make the tax cuts work for you.

Music, Meastro!

  • It is never too late to learn a new skills or instrument. With only 1 in 10 Australians playing a musical instrument.
  • Studies have shown that learning a new instrument can increase your moment, ability to solve complex tasks and increase your neuroplasticity (the ability for your brain to adapt and respond to new experiences)

Do I need life insurance once I retire?

  • Insurance can still play an important role in a retiree's life and should be reviewed regularly to ensure it remains relevant and cost effective.
  • Especially for those who still have dependants relying on them such as young adult children.

Click Here to read our newsletter and stay informed about these financial topics.

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