As a recent retiree,I finally have more free time on my hands. I confess,I use a chunk of that free time wondering how long I can afford to enjoy all that free time.
The Coalition is again spruiking its plan to let young people use super to buy housing. Let me list the (many) reasons this is a terrible idea.
It’s possible to make a non-concessional superannuation contribution into another person’s super account – but there are notable downsides.
Asset-rich buyers who don’t need a mortgage are arriving in droves,while others struggle against high interest rates and the cost of living.
While being on acreage can be pleasant,the size of your property can risk stymieing your pension options.
Somehow,we’ve associated ‘clever’,needlessly complex behaviours with accruing wealth. But there’s a big problem with this narrative.
Many super funds have investment options that do not have enough funds in them to be sustainable.
A Liberal senator is questioning why people cannot use their superannuation to buy a home,given self-managed super funds own almost $49 billion in residential real estate.
Retire these days and you’re not so much crawling to a finish line as embarking on a new chapter. Is there a right time (given it’s not just about money) and what should you expect? We ask retirees for their insights.
Since Easter is all about eggs,do you know how your nest egg compares to someone else’s at your life stage? And are you on track for a sweet retirement?
BlackRock founder Larry Fink says we focus on helping people live longer lives but not even a fraction of that effort is spent helping people afford those extra years.