Most super funds allow you to rebalance your super for free three times a year, so don’t be afraid to play an active role in how your money is invested.
Vita Palestrant was the editor of the Money section of The Sydney Morning Herald and The Age. She has worked on major metropolitan newspapers here and overseas and has won several prestigious journalism awards including the 2001 Citigroup Award for Excellence in Journalism, Personal Finance Category.
What should you do with super during retirement? During the GFC many people panicked and fled to the safety of cash, only to lock in their losses.
Forget property trusts, mortgage funds and term deposits. Investing for trong yield and total return, not just dividends, is the way forward for retirees.
As one divorcee once forlornly explained: “Together we were rich but separately we are poor.” So where does super come into the division of assets during divorce?
Why do you need to know how much you’re paying in super fees? Because you can’t check your fund’s performance without knowing what you’re paying. So how are the two sets of fees calculated?
Much has been said about consolidating super funds to save on fees but fund members need to be careful how they proceed, particularly if they have health issues.
Age matters when it comes to super. By the time you hit 60, you need to start thinking about strategies to maximise income in retirement.
Working beyond 65 can be financially and socially beneficial, but when it comes to your super you need to first satisfy certain rules.
Jobs are hard to find and property is expensive but, if you’re a millennial, there are ways for you to get ahead.
The rewards can be rich at the top of any field but the financial lessons learnt getting there can also prove invaluable What does it take to be a great F1 driver, cricketer, principal soprano or actor? Behind all the glitz and glamour is a high-stakes game. For years their earnings are unpredictable and making […]