Q. I'm 33 and have two jobs with a combined salary around $130,000. I have an investment property doing quite nicely and valued at $635,000. I've just purchased a property for $651,000 and rent it out for $750 a week. I have $18,000 sitting in an offset ...
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... need around $120,000 more for a comfortable retirement. Ashenden says workers should really look at taking advantage of salary sacrificing into super and taking advantage of the tax concessions. Currently people can make concessional pre-tax contributions ...
... working full time. The strategy involves moving most of the super balance into a retirement account, increasing how much is salary sacrificed into super, and drawing down a pension income, as required by the rules, of between 4% to 10%. The tax savings ...
... a mix of winners and losers; overall I am doing fine." PAUL'S VERDICT Brent is 33 and has two jobs with a combined salary of around $130,000. He has an investment property doing quite nicely and valued at $635,000. He's just purchased a property ...
... $60,000 in super, $40,000 in cash and $3000 in Medibank shares. I'm putting $500 a week into a separate account and am salary sacrificing $50 a fortnight and live easily within my means. In a perfect world I'd like to retire at 50 and focus on my fruit ...
... $60,000 in super, $40,000 in cash and $3000 in Medibank shares. He's putting $500 a week into a separate account and salary sacrifices $50 a fortnight and lives easily within his means. In a perfect world Glen would like to retire at 50 and focus ...
... injury, says Susan Jackson, from the Women's Financial Network. You're generally covered for a maximum of 75% of your salary, but you may have the ability to add an extra 10% as a contribution to super, says AIA's Damien Mu. Payments are ...
... is applied to superannuation, savvy employees can turn what would have been a tax liability into extra savings through salary sacrifice. Many Aussie workers can, by agreement with their employer, have money paid into their super fund from their salary ...
... Exchange (ASX). You might have received these shares as a result of a privatisation, a demutualisation or as part of a salary package. IAG is a prime example of an issuer-sponsored share because many people acquired them because they were NRMA members ...
... ensure the family has sufficient cash flow. "The best way to work is to look at what funds your family would need if your salary or wage was suddenly gone - how would they pay the mortgage, household bills, future education, etc," she says. Mu says it's ...
