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    Mum & Dad 8 yrs to retirement - Buy 2 IPS ?

    no worries, this information is gold so have a good read and try to understand it. Also look at the examples
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    Mum & Dad 8 yrs to retirement - Buy 2 IPS ?

    Kim read this http://www.compareshares.com.au/adv10.php
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    Mum & Dad 8 yrs to retirement - Buy 2 IPS ?

    I'm sure it will be money well spent but considering your dad's age a SMSF probably won't be something he should be looking at. It depends on who the accountant is and what he specialises in. I'd start with an accountant but there is a lot of information online Do a search in google for...
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    Mum & Dad 8 yrs to retirement - Buy 2 IPS ?

    I agree, you shouldn't have debt in retirement but my point is that we should try to gear our money before retirement and accelerate or wealth. For me it works, I estimate that the property I've just bought will have at least doubled in value in 10 years time and the loan will have been paid...
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    Mum & Dad 8 yrs to retirement - Buy 2 IPS ?

    Not really, My SMSF accounting fees are a bit over $1K a year so they are not more than the fees I was paying to Australia super. I also bought a $323K property and used $105K of my super money for the deposit n legals so it's doable with less than $200K Have a read if you've got the time...
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    Mum & Dad 8 yrs to retirement - Buy 2 IPS ?

    only because she doesn't know about the possibilities. The biggest advantage of owning a property in a SMSF is that after their 60th birthday capital gains is free of tax. I thing they need to be talking to a professional Also, assuming they are 57 years old I'd salary sacrifice into...
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    Mum & Dad 8 yrs to retirement - Buy 2 IPS ?

    Kim Because they are so close to retirement it's possible that they could gear their super money buy a couple of properties with it. It's hard to know what's best for them It really depends on their age and circumstances. Where are you thinking of buying? What are the rents like there?
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