Welcome to Rivkin Wealth Advisors
We’ve teamed up with Talent to provide guidance and support to your financial context. We understand the challenges that contractors face when managing their own finances and we are here to help. To get started, use the box to ask any question you like and we’ll get back to you soon. Otherwise, pick any content from the below options.
Start with a Life Goal
Ask our Financial Planners
Don’t know where to start? Just ask anything about your retirement plans and our team we’ll get back to you soon.
Retirement Calculator
Find out how much income you’re on track to receive when you retire, and how long your super may last.
Case Study: Recontribution Strategy
Learn how Mary (67) planned her retirement with this strategy.
Are you retirement ready?
Answer 19 questions and we’ll send you a free personalized report.
Starting Out
Mistakes To Avoid In Retirement - E-Book
We help our clients control their retirement savings while also
managing a giant shift in their personal needs. We’ve put together a framework called ‘The 5 P’s of Retirement Planning’ which addresses the key points an individual has to consider when planning for retirement.
Understanding Downsizer Contribution Case Study
The downsizer contribution is a measure under Australian superannuation law that allows eligible individuals to contribute proceeds from the sale of their home into their superannuation fund. This contribution is not counted toward the usual non-concessional contribution cap, making it an attractive option for boosting retirement savings.
Branching Out
Contribution Strategy: Quarantining Components in a Retirement Plan - Case Study
Your superannuation account is a defined accumulation scheme for the sole purpose of funding an individual’s retirement. Funds remain invested within the entity of a superannuation plan which has conditions as to when funds can be released. As a rule of thumb, superannuation can be accessed by the time an individual turns 65.
Small Business CGT Concession Guide
The Small Business Capital Gains Tax (CGT) concessions are special tax breaks designed to help small business owners reduce, defer, or even eliminate capital gains tax when selling business assets. Understanding these concessions can significantly impact your tax planning and retirement strategy. Whether you’re planning to sell your business or simply want to know your options, this guide will help you navigate the complex rules and make informed decisions.
Getting Out
Division 296 – Additional Tax on Super
Superannuation has long been Australia’s tax haven with retirees currently being able to move $1.9million into pension phase where the earnings are tax free. Income and realised capital gains on balances held in accumulation phase are currently taxed at 15% with a one third discount on the capital gain if the asset is held over 12 months. Additionally, as this $1.9million limit is only on the amount of funds that may be moved to pension phase, under the current tax rules, these funds could grow to any amount and still receive the tax free treatment on earnings.
Age Pension Guide
The Australian Age Pension helps older Australians manage their retirement by providing financial support. It’s managed by Centrelink and eligibility is based on your age, income, and assets. This guide explains the basics of how the Age Pension works, who can apply, and how much you might receive. If you’re nearing retirement or planning for the future, this guide will make it easier to understand the Age Pension and how it fits into your overall retirement plan.
Ask our Stock Advisors
Don’t know where to start? Just ask anything to our investment experts and our team we’ll get back to you soon.
E-book: The Money Game
We’re going to uncover the rules at play to help you make smart investment decisions.
Total Wealth Scorecard
Take the first step towards a more secure financial future by understanding where you stand.
Starting Out
A Guide To Funding Children’s Education (E-Book)
Rivkin Wealth Advisors has put together a guide for the key considerations a family needs to make when sending their children to school and how it is funded.
Branching Out
7 Things Every Person In their 40s Needs to Know About Paying Off A Mortgage Faster!
A debt recycling strategy is a useful financial strategy that enables a homeowner to take years off from paying the mortgage. The strategy involves taking out a line of credit or restructuring your debt where your primary residence is used as collateral to invest in a portfolio of shares or an investment property, the benefit of doing so is that the interest charged for investment purposes can be claimed as a tax deduction.
Getting Out
Ask our Super Consultants
Don’t know where to start? Just ask anything about your superannuation and our team we’ll get back to you soon.
Guide: Superannuation
Understanding how super works can make a big difference in your financial future.
Total Wealth Scorecard
Take the first step towards a more secure financial future by understanding where you stand.
Starting Out
Understanding The First Home Super Save Scheme: Empowering Young Australians
The scheme allows individuals to use their superannuation accounts to save for a deposit on their first home. With both short-term advantages and long-term benefits tied to superannuation optimization, understanding how the scheme works is essential for young Australians aiming to secure their financial future.
How To Choose A Super Fund - E-Book
Rivkin Wealth Advisors has put together an eBook on what to look out for when comparing Super Funds in the market and how it accommodates to your needs.
Branching Out
Concessional vs Non Concessional Contributions
Superannuation is one of the most effective ways to save for retirement in Australia. However, to make the most of your superannuation, it’s important to understand the two main types of contributions you can make: concessional contributions and non-concessional contributions. Both offer benefits, but they are treated differently from a tax perspective and have different rules regarding limits and eligibility.
Transition to Retirement Income Streams (TRIS)
As Australians approach retirement, one of the most effective strategies available to ease the shift from full-time work to retirement is the Transition to Retirement Income Stream (TRIS). This strategy allows individuals to access their superannuation while continuing to work part-time or full-time, providing financial flexibility during the transition phase.
Getting Out
A Guide To Retirement - E-Book
Rivkin Wealth Advisors has put together a guide for the key considerations an individual needs to consider for their retirement.
Superannuation and Death Benefits Tax
Superannuation is one of the most tax-effective ways to save for retirement in Australia, but it’s important to consider how your superannuation will be treated after you pass away. One key consideration is the death benefits tax that may be payable if your superannuation is paid to non-tax dependent beneficiaries, such as adult children.
Ask about Insurance
Don’t know where to start? Just ask anything to our financial planners and our team we’ll get back to you soon.
Insurance Calculator
Calculate your insurance needs. You will be directed to AIA Insurance website.
Webinar
Understanding Key Insurances:
In this webinar we’ll answer all your typical questions about insurance.
Case Study
We explore how Tom and Tilly protected their family, welfare and livelihood with insurances.
Total Wealth Scorecard
Take the first step towards a more secure financial future by understanding where you stand.
Starting Out
How To Financially Plan for Parenthood in 6 Financial Steps
Our thirties are also the most expensive period in our lives, weddings, mortgages and of course starting a family. While these events certainly spark joy it’s not without balancing the cost, here’s 6 steps to avoid the financial stress and for maintaining the momentum for your family and financial future.
Branching Out
A Guide To Wealth Protection (E-Book)
Rivkin Wealth Advisors has put together a guide for the key considerations an individual needs to make which pertain to protecting their welfare and livelihood through personal insurances.
Getting Out
Why Hold On To Insurance You Don’t Need: It Won’t Help Your Retirement
As we get older, the cost of insurance becomes exponentially higher and can impede our retirement returns. Here’s three things to consider when reviewing insurances and planning for retirement.
Ask our Accountants
Don’t know where to start? Just ask anything about your tax strategy and our team we’ll get back to you soon.
Total Wealth Scorecard
Take the first step towards a more secure financial future by understanding where you stand.
Starting Out
The Australian Tax System Basics
Whether you’re a seasoned taxpayer or new to managing your finances, this guide will provide a simplified overview of the Australian tax system and explain how tax deductions can benefit you.
Understanding Franking Credits
The concept of franking credits can be confusing, especially for those new to the world of dividends and taxes. In this blog post, we’ll break down what franking credits are, how they work, and how they can benefit you as an Australian investor.
Branching Out
Understanding Negative Gearing
In this blog post, we’ll explain what negative gearing is, how it works, and show an example of the potential tax savings it can achieve. We’ll also emphasize that choosing a property should always be based on its investment potential, not just the tax benefits.
Carry Forward Contributions – Case Study
Your superannuation fund is a defined accumulation scheme where a portion of your salary is compulsorily deposited into an account and invested for the sole purpose of your retirement. Making extra contributions to your superannuation account by utilizing the carry-forward contribution to claim a tax deduction. This is where you’re eligible to make extra tax deductible contributions to your super account for any unused amount for the concessional cap for the previous 5 years.
Getting Out
Testamentary Trusts and Their Benefits
Planning for retirement involves more than just saving money—it also requires thinking about how to protect your assets and pass them on to your loved ones in the most tax-effective way. One of the most powerful tools you can use to achieve these goals is a testamentary trust.
Tax Implications of Investing Through Different Structures
When choosing how to hold your investments, the tax implications can significantly impact your overall return. We outline the key differences between holding investments in your personal name, through a trust, a company, or superannuation.
Free Financial Strategy Call
The role of a financial planner is to craft a financial plan that puts you in a better position. Let’s discuss your options, identify any gaps in your situation and create a financial plan that works for you.