With no super, Peter wants to "lend" his children $400,000 and have them repay it slowly as an "unofficial income" in order to claim the age pension.
ask paul
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Does Helen need a financial planner to manage her retirement money, she asks Paul Clitheroe, or is this something she can do herself?
"After fees and costs, together they return about $16,000 a year, where interest would potentially return more without the headache of tenants and repairs," Karen tells Paul Clitheroe.
"My husband and I have been married for five years and want to start a family ... but I still can't escape the fear that we just don't have enough money to have a baby."
Should you pay kids for chores, or should they just be expected to help around the house? Paul Clitheroe says there is a bigger issue at play.
"In my 40-plus years of answering money questions, you get my highest award," Paul Clitheroe tells Michelle, who wants to invest $100 a week for her grandson.
Diana and her husband are about to come into some money. With $100,000 in their SMSF, where should they invest a $200,000 windfall?
"I have recently had to stop work because of a disability and I have now started to struggle financially for the first time because of this," Kris tells Paul Clitheroe.
"My wife and I have a large discrepancy in our super balances, as she took time off when the kids were little," Robert tells Paul Clitheroe.
"If there is a market crash I am concerned I may not have the years left to recoup my losses," Jan tells Paul Clitheroe.
