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  1. P

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

    Intersting. Does work if one is working and can salary sacarfice. But what happens if one retires? One need the income to live off. Where is the income? Further what happens if there is no rental income for a couple of months when one retires? How is the mortgage paid? If one is...
  2. P

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

    To have a self managed super fund I would say one needs at least $200,000 in super before it's worth it (maybe more). If one has less than $200,000 than the cost of maintaining the self managed super fund is just too great. Your parents have some property. As long as they put as much as...
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    Mum & Dad 8 yrs to retirement - Buy 2 IPS ?

    There's a lot of advantages with super. Maybe your mum should consider salary sacraficing into super to if they can afford it. I would only look into property only after they have used the full beneifits of super sacarfice. On 70k and 60k and assuming they are over 50 I doubt it. They can...
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