retirement

Dear Paul, I'm 35 and a fan of your books. I wanted to ask you about the government's recent announcement regarding the increase of the super rate. It has floated the questionable idea that when it raises the super contribution from 9.5% to ... More

My husband and I are retired and still have two adult children at home. We have $550,000 in self-managed super, which is just sitting in our Commonwealth Bank account, on which we received a return of $23.37 for January 2021. We also have $235,000 in ... More

If you want some help with saving money, find inspiration among the growing champions of savings: the FIREs. The followers of the popular personal finance movement, FIRE, which stands for financially independent, retire early are prodigious social media ... More

Dear Paul, We have a boat which we live on (so principal place of residence) at present we are in Turkey. Value is around $450,000. We each receive the aged pension of $721 per fortnight. We have $262,500 owed to us (as a second mortgage) from the sale ... More

Dear Paul, I am a 63-year-old female, no partner or children, and I recently gave up my position as a Registered Nurse due to COVID-19. I officially retired and took all my superannuation and paid off my mortgage and credit loans. Was this the right ... More

Superannuation has revolutionised the way people retire. Many ordinary, working Australians are finding themselves entering retirement with more than a million dollars in retirement savings. While this should set them up for a long and happy life of ... More

New research shows superannuation funds with females holding an executive position continue to outperform male counterparts. Of the 50 super funds analysed in the annual W-Index from Rainmaker, publisher of Money , one-third of leadership roles such ... More

It's International Women's Day on March 8 and this year we're turning the spotlight onto how women have fared in the superannuation equality stakes. Women make up half the country yet, alarmingly, own only $4 of every $10 held in super. And age doesn't ... More

Dear Paul, I would like to buy a small unit or house in the near future. I had a workplace accident five years ago and am waiting to receive an impairment compensation payout because, unfortunately, I cannot work again. Payments cease this week and ... More

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