Road Testing Retirement

Posted on Monday, February 25, 2013

There are three kinds of retirees, according to a financial planner quoted in a recent personal finance feature in The Wall Street Journal.

These three types of retirees are tagged:

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10 traps in SMSF borrowing advice

Posted on Monday, February 11, 2013
SMSF trustees will show even stronger interest in borrowing for direct property in their portfolios in 2013, according to Peter Townsend of Townsends Business and Corporate Lawyers. Read the rest of entry »

Great Australian Road Trip To Raise Funds For Child Allergy Research

Posted on Monday, February 4, 2013
The infamous family road trip of the 1970s; no air conditioning, AM radio, scalding hot car seats, is being revived with the aim of raising $40,000 to help support research into the rising epidemic of life-threatening food allergies amongst children. Read the rest of entry »

SMSFs hold lead in super assets as younger members go it alone

Posted on Saturday, February 2, 2013

Total assets in self-managed superannuation funds (SMSF) rose to a record as an increasing number of investors from younger age groups opted to take control of their retirement savings.

SMSFs held nearly $439 billion of assets as at 30 June 2012, up from $423 billion at the end of financial year 2010/11, the Australian Taxation Office's (ATO) latest Self-managed super funds: A statistical overview 2010-11 report showed. The average SMSF member balance was over $506,000.

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