If your grown kids live under your roof rent-free, it's time to suggest a deal. You will provide free accommodation now if they accommodate you in retirement.
Clare is already contributing extra to her own super but her partner will be 80 before Clare reaches retirement age - should they top up his super too?
For many years investors have been told that you could start up an SMSF with $200,000 as long as you were contributing heavily to it. But according to the Productivity Commission, any less than $1 million in your self-managed super fund will cost you.
After decades of growing your super, it can call for a very different mindset to start drawing down the money in retirement. But thinking about how to make the most of your nest egg is critical to this new life stage.
The days of niche super funds could be coming to an end, with the Productivity Commission slamming their inability to deliver low fees and better savings.
Whether you're sending your child to an elite private school or the local public school, you're going to need to dip deep. Here's how to plan ahead to manage the cost of school fees.
You'll now receive new articles and insights that will help you earn more, save more and make the most of your investments.
You can expect to hear from us every week.
In the meantime, stay up to date by following Money on social media.
Important
To ensure you receive emails from us, we recommend that you add our email address (@moneymag.com.au) to your contacts or safe senders list.
If you don't receive our newsletters, please check your "Junk" folders. Your email provider should give you an option to add the email to your safe list.