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The “financial independence, retire early” approach, which trades spartan frugality now for an early retirement later, can work in the right conditions, but its benefits may be eclipsed by the sacrifice required along the way, writes Alteris Financial Group’s Jaxon King.
US technology stocks have suffered steep losses over the last year as interest rates have marched higher. But with the Fed now signalling reductions in future rate hikes, value could emerge in tech stocks with strong fundamentals.
The ATO recently announced a rule review that could see the cost of advice fees become tax deductible, a change many in the industry say would expand access to quality financial advice by making it more affordable.
