"I decided what I really wanted my life to look like in five years. I wanted to own a house and a car and to have won awards for my craftwork," says Joanna Jones.
From July 2017, concessional super contributions were capped at $25,000 per year. The good news is, from next year you can catch up on unused contributions.
Mick and Beth Spence lived a frugal life as self-funded retirees. But their savings were also funding the extravagant lifestyle of their financial planner.
Not only were customers misled, overcharged and paid millions of dollars for services they never received but AMP made at least 20 false statements to ASIC.
Self-directed investors who want to improve their knowledge and skills have many good sources of information to draw on, much of it free. Here are 10 places where you can go for help.
For the 80% of retirees who fund retirement with a super and the age pension, it is important to assess the impact of downsizing on their pension eligibility, as the extra money will be counted in the assets and income test.
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