THE JIGSAW PUZZLE OF RETIREMENT has many pieces. Finding the center piece will be a different journey for you than it will be for me, for various reasons and circumstances.
Speak to some financial experts and your retirement strategy’s rocket fuel lies in super. We’re often told there’s no better gift than compound interest – the earlier you start fuelling the super engine, the bigger the present. Super must play a significant hand in retirement and this feature shows you how.
However, other experts will tell you that retirement strategies begin and end with your home. But with more retirees having mortgages, we explore what is realistic and can be achieved. This can also include using your home as part of your super strategy or for investment purposes.
Finally, Covid-19 has presented us with an investment dilemma.
While Aussies are more bullish with their investments on the road to recovery, they’re also likely to take on more risk and this will set an interesting platform for future retirees – inside or outside of super.
If you still have a mortgage, there’s no need to worry
PROPERTY
Darren Snyder
While more of us are holding a mortgage between the ages of 55 and 64 than in decades past, that’s not the institute’s biggest concern. What’s more worrying is the level of debt we’re carrying into retirement.
この記事は Money Magazine Australia の October 2020 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
すでに購読者です ? サインイン
この記事は Money Magazine Australia の October 2020 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
すでに購読者です? サインイン
An outrageous, beautiful monopoly
Telstra's mobile business is a cash machine with few competitors, giving it the highest returns in the world.
Drop the anchor to judge value
Buying and selling decisions should be based on where a stock price is going, not where it has been.
Powering the AI boom
Beyond the software and chipmakers, where will the energy come from?
Get into life
Tucked inside super are products that can protect you from life's inevitable uncertainties.
Paths to home ownership
Taking the road less travelled can sometimes deliver unexpected benefits.
Sold! Quick ways to add value
Small, strategic changes can have a big impact on the look and feel of your home. And get you a better price on auction day.
Money lessons the kids need to know
Your children can learn a lot from your past money mishaps. Here are eight financial conversations I have had with mine.
Property-investing rules: are they likely to change?
The pressure for the government to curb the tax benefits of tax concessions, such as negative gearing and the capital gains tax discount, is unrelenting. Most recently, independent senators David Pocock and Jacqui Lambie proposed five options for paring back investment property tax concessions, with savings to the Federal budget of up to $60 billion over the next decade.
What's love got to do with it?
A rollercoaster of emotions could be driving poor crypto behaviour.
Are we ready to be cash-free?
Saying goodbye to our piggy banks too soon could leave small businesses in the dark when problems arise.
