McKillop FP February 2020 Newsletter

One of the biggest retirement challenges is ensuring that the savings accumulated during your working years lasts as long as you do.

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Education is the gift that parents can give their children that keeps on giving.

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Highlights:

• Markets enjoyed a reprieve from the US-China trade war, although the issue is expected to remain live as we near the US presidential election in November 2020.

• Geopolitical tensions gave way to the outbreak of the Coronavirus, resulting in travel restrictions and quarantine measures imposed by the Chinese authorities.

• The worst appears to have passed for the Eurozone, but weakness in the German economy has been exacerbated by the disruption to global trade.

• The Australian bushfires will be a drag on economic growth, but RBA Governor, Philip Lowe said the effects will be temporary.

• The UK officially left the EU on 31 January and will enter a transition period until the end of 2020, during which the government will need to secure a trade deal.

Read full February 2020 market update report  >>

You're so close. You were diligent in making additional contributions to your super when it made sense and have saved enough in your fund of choice. You have created a realistic retirement budget. You dream of more days at the beach, turning into a grey nomad, with none, zero, nada, office commitments.

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How many times have you been stuck in traffic only to hear an ambulance or police car’s sirens behind you?

What should you do? How can you help?

When is it legal to drive through a red traffic light? You don’t want to break the law...