Recent content by Little Cove

Hi Y-Man - we'll need a fair bit to retire (because we want about 3 kids, who we want to send to private schools, and we want to live in a nice suburb in Melbourne in a PPOR that we wouldn't yet have paid off at 40). My estimate is we'll need income of about $200K (before tax) to live the way we...

Hi Kath The rent we pay is paid by us personally - not by the trust. In terms of how things are structured - all IPs are held by either my GF or me personally, and all shares are held by the d/t. To get cash into the trust, either me or the GF borrow (in our personal names) against the IPs...

Appreciate the feedback. J_P - thanks for that - it was actually KeithJ's story that changed our plan in the first place - I originally just wanted to buy and hold IPs and wait for +ve cashflow to provide enough income to retire. KeithJ's story changed the plan! Gooram - every loan we...

Hi guys I’ve been floating around this forum for the past 3 years or so and hope I’ve learned a bit! I’ve got a problem that has been doing my head in for a while. Basically, my main investing goal is to retire when I’m 40. I’m pretty set on this, and it’s a big driver for me. The...