For many years investors have been told that you could start up an SMSF with $200,000 as long as you were contributing heavily to it. But according to the Productivity Commission, any less than $1 million in your self-managed super fund will cost you.
super
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With a young family, should Tanya and her husband focus on paying off their home, topping up super, buying shares or an investment property?
After decades of growing your super, it can call for a very different mindset to start drawing down the money in retirement. But thinking about how to make the most of your nest egg is critical to this new life stage.
The days of niche super funds could be coming to an end, with the Productivity Commission slamming their inability to deliver low fees and better savings.
Still renting at 61, Alison has been advised to buy a home before she reaches retirement age in order to qualify for the pension.
With Christmas just out of the way, thinking about this year's tax may be the last thing you want to do. But the time to start planning is now.
Darryl is worried that war injuries from his time in the army will force him out of work in the next eight years, and he doesn't want to make mistakes with his money.
"Happily ever after" has not panned out, and your relationship is over. Here are 10 steps to sort out your finances after a break-up.
Would you like to get access to your superannuation savings early? Few Australians qualify for early release of super, but that could be about to change.
With a super fund that is charging the same amount in fees as they contribute each year, Lyn and her husband are worried they can never afford to retire.
