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Media coverage of sharemarket corrections can spook even the most professional investor. It can be scary. Before building the bunker, it’s worth remembering a couple of things. I love the advice of Warren Buffet from his biography, Snowball: “Cash combined with courage in a crisis is priceless.” “Don’t invest in things you don’t understand.” “Don’t… Read more »
Experts explain downsizing, using super for your mortgage, and pension eligibility. Kathleen Walsh, University of Technology Sydney and Jemma Briscoe, University of Technology Sydney About 36% of homeowners still have a mortgage when they retire, up from 23% a decade ago. This increase in mortgage debt is due to soaring property prices, changes in… Read more »
We all know we need to financially prepare for retirement, but here’s what that actually looks like – in real terms. Planning for retirement can sometimes feel like you’re trying to hit a moving target, especially when it’s years – or decades – down the track and you’re juggling all sorts of financial commitments. The… Read more »
Thinking of staying put in the family home, rather than downsizing in retirement? A reverse mortgage is worth considering. Here’s what you need to know. If you’re over 60 and own your home, a reverse mortgage could let you tap into some of that hard-earned equity without selling up or moving out. But reverse mortgages… Read more »
Wrap your head around super pension payments with this explainer: Superannuation is arguably the most tax-effective way to save for retirement here in Australia. But when it’s finally time to tap into your hard-earned money, there’s a big decision to make: do you take a lump sum or start drawing a pension from your super?… Read more »
Please, check you have all your superannuation. Australians are missing out on more than $17.8 billion in lost and unclaimed superannuation, according to new data from the Australian Taxation Office (ATO). Many people are unaware that they may have money waiting for them due to outdated contact details or forgotten super accounts. Since 2021, the… Read more »
The answer to Australia’s housing affordability problem remains a controversial debate for policymakers while new building supply falls painfully short of demand. Grants and handouts? They just fuel higher property prices. Put an end to negative gearing? You risk losing investors and rental supply. Now, the federal opposition reckons early access to superannuation could be… Read more »
More than a third of working Australians are planning on delaying retirement due to the rising cost of living. The intergenerational war has never been more heated as the Baby Boomer generation are accused of everything from inflating house prices, increasing inflation and living a privileged lifestyle they supposedly don’t deserve. And the accusers are… Read more »
From 1 July 2025 the Federal Government plans to reduce the tax concessions on people with more than $3 million in their superannuation fund. An extra 15 per cent tax will be added to the annual “earnings” of the fund… on top of what they already pay. The controversy is not just the introduction of… Read more »
If you’re like most people at the moment, you’re probably sick of hearing about the cost of living crisis and endlessly rising interest rates. Here’s one actionable solution to help put more money back into your pocket. Retirement might not be top of mind for you right now, but the good news is you can get… Read more »
