The passing down of inheritance is not only a generous gift,but an excellent time to teach your children about money.
With such a significant amount saved,you have numerous options,though some will yield better returns than others.
It’s possible to keep working and crack into your super with a transition to retirement income stream.
Inheritances are given a generous tax treatment in Australia,but if you invest the money,that’s a different story.
Changing how your furniture is valued can give you a bit of wriggle room when it comes to calculating your pension.
It’s common for people to feel shame or disappointment around how their life is turning out. But the good news is,it’s easy to rebuild.
Investing something as important as your life savings requires a great deal of careful thinking.
When it comes to gifting money to your grandkids,you need to think carefully about tax implications – for both you and them.
Sharemarkets are booming now,but historically markets have fallen about one in every four years,so be careful before jettisoning safer assets.
Even if you’ve cut all ties to Australia,the rules for accessing superannuation are universal.
A super top-up using the proceeds from your house sale is possible,but you need to be mindful of the size and timing of contributions.