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    Gone fishing portfolio in Australia...

    There's an idea. Why didn't I think of that :confused:
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    Gone fishing portfolio in Australia...

    Thanks, and you. :)
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    Gone fishing portfolio in Australia...

    Well we don't have anyone to leave it to, so what's the point off popping off your perch and leaving hundreds of thousands to already well off distant relatives having economised for most of life? I think I have 20 years or so until I'll be able to access super so we'll spend some of this money...
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    Gone fishing portfolio in Australia...

    We do intend to eventually spend the capital too which obviously makes a difference. We'd just be living on income for a few years until closer to superann then start selling properties one at a time.
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    Gone fishing portfolio in Australia...

    I did factor in an amount that I called 'contingency' into my monthly amount needed to semi-retire but I didn't think about being strict and actually putting that amount away each month in a savings account . That's a really good idea. I'll do that but mine will probably only be about $500pm...
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    Gone fishing portfolio in Australia...

    That makes sense, okay, something else to save up for :(
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    Gone fishing portfolio in Australia...

    That's a big buffer, glad mine doesn't need to be that big or I'd be working forever. The more money you have the more you need sometimes.
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    Gone fishing portfolio in Australia...

    How would you plan to hold your cash, what rate would you be looking at? Just wondering who has the best rates for this.
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