retirement

Dear Paul, Years ago I had money I thought was invested by a financial adviser with a big-four bank in a portfolio that I had discussed with him at the time. He did not comply with what we both had discussed and instead put 40% in American shares. This ... More

Dear Paul, My husband Alan is a fly in, fly out (FIFO) worker in mining. We have a mortgage of about $459,000. He has about $380,000 in super. I have a casual job and about $100,000 in super. When Alan turns 60 next April (I'm also 60), can he put ... More

To increase the super guarantee (SG) or not, that is the question. According to last week's Retirement Income Review , holding the rate at 9.5% is fine provided Australians utilise the current income retirement system in its entirety - which includes ... More

Reverse mortgages may be the lifeline that cash-strapped retirees need during this global pandemic and beyond, but they should proceed with caution. Sometimes referred to as "lifetime loans", reverse mortgages use the equity in your property as security ... More

Dear Paul, I have much respect for your articles in Money and have just read your response to the couple who are concerned about managing their SMSF as they age. Although it doesn't apply to me, it's an interesting read. On finishing the article ... More

The home is an untapped asset that can be used to fund retirement, urges the retirement income review. Australia's current retirement system consists of three pillars: the age pension, superannuation and savings, which includes the home. Typically ... More

Lifting the super guarantee would mean more superannuation in retirement but lower wages today, according to the findings of the long-awaited Retirement Income Review. The report found that lifting the super guarantee (SG) rate to 12% would lead to ... More

Until this week, South Australia was confident it was safe from the COVID-19 virus, yet now it finds itself in a strict lockdown. If there is one thing that 2020 and the virus have taught us is that we cannot be complacent, as the world is at a point ... More

Around 75% of Australians want the superannuation guarantee to rise to 12%, according to a survey commissioned by the Association of Superannuation Funds of Australia (ASFA). ASFA says 1375 Australians were surveyed in October by Utting Research about ... More

In August 2019, the Australian Housing and Urban Research Institute (AHURI) found that since the mid-1990s, the proportion of Aussies carrying a mortgage into retirement had more than doubled to 45%. While more of us are holding a mortgage between the ... More