Still renting at 61, Alison has been advised to buy a home before she reaches retirement age in order to qualify for the pension.
Paul Clitheroe AM is a respected financial adviser and Money’s chairman and chief commentator. He is chair of the Australian Government Financial Literacy Board, and author of several personal finance books. Ask Paul your money question.
Darryl is worried that war injuries from his time in the army will force him out of work in the next eight years, and he doesn’t want to make mistakes with his money.
Chris and his disabled wife are raising four kids on $100,000 a year, and will soon come into $3 million. Should they invest the lot and borrow to buy a home?
With a new development likely to drive down the value of his investment property, Robert asks Paul Clitheroe if it’s time to sell.
Thomas will lose $50,000 in franking credits if Labor is elected. The big question: what alternatives does he have to maintain his income?
With a super fund that is charging the same amount in fees as they contribute each year, Lyn and her husband are worried they can never afford to retire.
Matt and his wife have $5000 a month to invest but with dual corrections on the horizon, are shares or property the better option?
Emma has $10,000 to start investing in shares but doesn’t know where to start. That’s where Paul Clitheroe comes in.
Lucy and her husband are keen to buy a beach house to help them relax and de-stress but Paul Clitheroe is worried the purchase could have the opposite effect.
James has $1 million in a term deposit that he would like to leave to his adult children. Where should he invest it? And does he need a trust?