Calculating what will leave you better off between a mortgage and paying rent isn’t as easy as it may first seem.
Picking your first super account is less about the fund itself,and more about the investment options you choose.
Though investment properties can provide healthy returns,in retirement,superannuation is the best source of income.
There are many potential things you could do with this inheritance,and a good argument could be made for each of them.
Once you’re nearing retirement,having excessive non-super investments makes little sense.
When it comes to choosing between keeping your money in your mortgage or investing it,it all comes down to your appetite for risk.
The failure of our pension system to recognise the desire for people to have their own financial agency is a major flaw.
If you’re struggling to save,it could just be that you’re currently in the most expensive period of your life.
The circumstances you’ve presented here appear ridiculous,and frankly,disrespectful. It may be time to take matters a step further.
There is the school of thought that once you buy a property the strategy should be to never sell. But you can’t eat bricks.