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I think $58k will probably be more than most AVERAGE people in OZ need IF they have paid off their mortgages and have a new car at retirement. Why? Let say Mr & Mrs Average couple earn 110k combined and are paying a house worth off 500k at the rate of 2.3k/month and also a car loan at rate...

Yes...I am on good wage. But to put it perspective...I was not on huge dollars when I started. My rentals are now double my income now. My wage is equivalent of a couple on two good incomes. It still takes time and effort to get to what I have. You made the choice to start a...

TB It is not that high...the 30k limit for under 50s includes any contribution made by the company. In my case there is only another -7k in contributions I can make before it hit the 30k limit the company contribute 23-24k So the potential tax saving is only 2100-2450k in tax savings...

Lets say....that SMSFs are complicated...the compliance matters are onerous...people who are not skilled will get themselves into trouble. I have considered setting up a SMSF...and putting it on the top 20 bluechips with weighting on dividend paying stocks. In the end rationalised that the...

Yep....all my research says that is is quite effective from 50 onwards...even if they raise the access age from 60...there will be some grandfathering... Yes..this is what I am leaning towards....it makes for a stable income base when I retire. I have over 90% in property albeit not in just...

I know someone who has done this basing on largely moving before the market moves. He has grown from 400k to 1.3m in super ...though he has contributed an extra 250k over the last 10 years. Still a stellar result for him. I have mirrored what he has done over the last 12 months but want to...

Yeah...but consistently getting 9-10% is hard... :confused: Last year it went up aobut 40k or about 16% outside of contributions...simply chopped and changed funds. Pulled funds to convervative funds in Oct and went to shares again Jan and it did a big jump!

Hi there, :) Whilst...I am reasonably good at property...I am relative newbie to growing my super. I am not keen on putting super into a SMSF...I believe that too many people are putting this into property. I am keen to keep it in good quality funds. Currently I have about 350k across 2...