Money magazine Comments - Ask Paul: Where should I invest $28,000 for my retirement? At 64, Glynis owns her own home and has $90,000 in super. Where should she invest $28,000 in savings in order to retire in five years? https://www.moneymag.com.au/feed/latest?story=141570149 Fri, 18 Oct 2019 13:59:18 +1100 Fri, 18 Oct 2019 13:59:18 +1100 en-AU Copyright 2026 Money magazine 5 Money magazine Comments - Ask Paul: Where should I invest $28,000 for my retirement? https://media.moneymag.com.au/prod/media/library/Money_Mag/Logo/Logo_401x133.png Comment by Jeff Bailey (Retired)

Hi Paul. I am 65 married and have been fully retired for five years. We own our own home and have approx $1.3 million in super and $900,000 in bank term deposits. Our term deposits are coming up for reinvestment, I am considering reinvesting for a three year period at 1.4%, fearing lower or zero interest rates. I will keep $150,000 liquid as a backup for ready cash. Do you think I am being too cautious locking in the term deposits away for 3 years. Cheers Jeff

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]]> Jeff Bailey (Retired) Fri, 18 Oct 2019 13:59:18 +1100 Comment by Money magazine (Money magazine)

Hi Jeff,

Thank you for your comment. Unfortunately Paul cannot reply to comments. We will pass your question on to him for consideration in the Ask Paul section of Money magazine.

- Money team

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