Superannuation & Investment

Lucia M.

Bentleigh, VIC

2 Likes
0 Followers

A friend suggested I invest my cash savings into my own SMSF to help with the purchase of an investment property? Is this wise and how can I get my cash back?

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7 years ago

Martina D.

Five Dock, NSW

3 Likes
0 Followers

My husband and I are looking to purchase a property with my parents in a discretionary trust we had set up 12 months ago. Are we able to add my parents to an established trust and is it easy to be able to obtain finance under this structure?

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7 years ago

Jen L.

Harrietville, VIC

0 Likes
0 Followers

I’ve recently been medically retired at 52 years of age and due to illness likely to be successful in TPD claim through my industry super and therefore also gain access to my superannuation. Wondering what is the tax rate on super componnent? As I need $ to live thinking investing in property or stock market may be a preferred option to rolling over. I haven’t applied for Centrelink - single and currently surviving on limited but declining savings. Thanks J

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7 years ago

Fiona R.

Kogarah, NSW

2 Likes
0 Followers

My daughter has just finished the HSC and is having a year off before she starts University. She is currently working two jobs and we would like to get some advice on where she should put her superannuation and setting up a savings plan to pay for Uni, thank you?

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7 years ago

Michael C.

Cobar, NSW

0 Likes
0 Followers

Hi want to invest in something paying more than nabs term deposits were do I start?

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7 years ago

J T.

Potts Point, NSW

4 Likes
0 Followers

Hello.

I'm not sure if I should be worried about my investments at the moment, SUPER & INVESTMENT ACCOUNT with what happened last week in the US? Theres been a few thousand wiped from the balance being in INTERNATIONAL SHARES and a few other things.

I've seen articles saying the worse is yet to come .. or is it just the media fear mongering .. should i switch everything to cash or something less risky .. or am i falling into the trap ?

Whats your opinion ?

Thanks,

J.

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7 years ago

Monique T.

Wangara Dc, WA

0 Likes
0 Followers

I am moving to South Africa, but i have an investment property here im renting out, is there anything i can do to retain as much of my superannuation so that it doesnt dwindle down to nothing while i wait to be retirement age?? will i have to make contributions to a super there as well?

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7 years ago

jeff h.

Salisbury East, SA

1 Likes
0 Followers

A friend wants to do transition to retirement and cut back from 5 to 3 days a week. She needs to know the figures to see if this is a viable option as she's 63 and still cant retire untill she's 66. who do we see who can give us the figures and i'm talking about taking out an income stream and doing salary sacrifice back into super, need to know how much tax she will pay and what will be her take home pay if doing 3 days?

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7 years ago

Richard B.

Hawthorne, QLD

0 Likes
0 Followers

My family is about to receive a bequeathment of approx $200K in fully franked shares.
Our house is would be approx valued at 1.1m on the open market and our outsatnding mortgage is $440k.
My personal super is only $50 plus thousand and my wifes approximately $100k
I am 60 years old my wife 55
We plan to firstly cash in shares to repay immediate debt of approx $25k.
Is my (our super) worth topping up at the max $35k each?
Should we keep any shares as is or cash in total to reinvest?

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7 years ago

Kris P.

Breakfast Point, NSW

5 Likes
0 Followers

I’m 28 and would really like to understand more about superannuation and building for the future. Am I better off just going along with my employers super or finding a financial planner to help. What questions should I be asking a planner, thanks?

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7 years ago

Barbara W.

Croydon North, VIC

0 Likes
0 Followers

Im 62 and have $3k left on my mortgage on which i pay the minimum and have $20k in advanced payments.
Would it be beneficial to access some of the $20K to put into my super fund?

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7 years ago

Jenni H.

Mckinnon, VIC

0 Likes
0 Followers

I am 62 and looking at retiring in the next few years. I'm finding it really hard to get simple questions answered about my superannuation, tax, etc. My needs are simple - no assets (except Super), no debt and I'm not interested in investing outside super - I need financial advice but hate being 'schmoozed' - slick powerpoint presentations, glossy folders, expensive service, etc. I want simple straightforward financial advice. Where can I get it in Melbourne?

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7 years ago

Wayne L.

Leeman, WA

0 Likes
0 Followers

I’m 39 yers old and have applied and been granted total permanent disability insurance payout from my super fund.
I would like to know how much I will get taxed if I withdraw in 1 lump sum. This amount is sitting in my super account ATM as a taxed amount? Does this amount of I withdraw get put down as table income at tax time

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7 years ago

Ros S.

Clovelly, NSW

0 Likes
0 Followers

I am 65 and retired. I’m looking at renting out my property and buying into a retirement accommodation. Would I have to pay any tax from the rental income.
Cheers. RM?

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7 years ago

Greg H.

Banksia Beach, QLD

1 Likes
0 Followers

I am approaching retirement (60 yrs old ) and would like to relocate on retirement. Is it an option to sell my home now (240,000 mortgage, house worth 350,000 ) invest the profit in my super and draw on retirement to purchase a home in the relocation choice ?

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7 years ago

Dee M.

Ballajura, WA

1 Likes
0 Followers

I am aware that super funds can be accessed early, however if the lump sum is moved to your self-managed super fun, does it get taxed? or if you are to withdraw your super due to 'x,y or z" reason would it be taxed?
Thank you.

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7 years ago

Brad R.

West Wodonga, VIC

0 Likes
0 Followers

Can I use superannuation to purchase farm property?

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7 years ago

Tracey P.

Narrawallee, NSW

0 Likes
1 Followers

We're looking for a good financial advisor to help sort our finances so it works best for us as we move into retirement. My husband is 60yrs (semi retired) and I'm 55yrs (working). We own our own home, have 4 investment properties (2 in NSW and 2 in SA) plus another property overseas. We have $650,000 in a savings acc earning minimum return and we need this to be properly invested. I have $160k super in a industry fund plus we have our own SMSF with $35k. Any recommendations?

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7 years ago

Lynne B.

North Narrabeen, NSW

3 Likes
0 Followers

My partner and l ( both 58) have money invested in managed funds-the big 4 banks.Should we be worried about the bank inquiry hapoening this year?

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7 years ago

Ros S.

Clovelly, NSW

0 Likes
0 Followers

Looking at buying into a retirement property and renting my house out. Will this be classified as a investment property as we will be putting my husbands name only on the retirement property as the house is in my name only. Nothing is owed on my house. We live in NSW.?

View responses or answer (2)

7 years ago

A friend suggested I invest my cash savings into my own SMSF to help with the purchase of an investment property? Is this wise and how can I get my cash back?

My husband and I are looking to purchase a property with my parents in a discretionary trust we had set up 12 months ago. Are we able to add my parents to an established trust and is it easy to be able to obtain finance under this structure?

My daughter has just finished the HSC and is having a year off before she starts University. She is currently working two jobs and we would like to get some advice on where she should put her superannuation and setting up a savings plan to pay for Uni, thank you?

Hi want to invest in something paying more than nabs term deposits were do I start?

I am moving to South Africa, but i have an investment property here im renting out, is there anything i can do to retain as much of my superannuation so that it doesnt dwindle down to nothing while i wait to be retirement age?? will i have to make contributions to a super there as well?

I’m 28 and would really like to understand more about superannuation and building for the future. Am I better off just going along with my employers super or finding a financial planner to help. What questions should I be asking a planner, thanks?

Im 62 and have $3k left on my mortgage on which i pay the minimum and have $20k in advanced payments.Would it be beneficial to access some of the $20K to put into my super fund?

I am 65 and retired. I’m looking at renting out my property and buying into a retirement accommodation. Would I have to pay any tax from the rental income.Cheers. RM?

I am approaching retirement (60 yrs old ) and would like to relocate on retirement. Is it an option to sell my home now (240,000 mortgage, house worth 350,000 ) invest the profit in my super and draw on retirement to purchase a home in the relocation choice ?

I am aware that super funds can be accessed early, however if the lump sum is moved to your self-managed super fun, does it get taxed? or if you are to withdraw your super due to 'x,y or z" reason would it be taxed? Thank you.

Can I use superannuation to purchase farm property?

My partner and l ( both 58) have money invested in managed funds-the big 4 banks.Should we be worried about the bank inquiry hapoening this year?

Looking at buying into a retirement property and renting my house out. Will this be classified as a investment property as we will be putting my husbands name only on the retirement property as the house is in my name only. Nothing is owed on my house. We live in NSW.?

Im 62 and have $3k left on my mortgage on which i pay the minimum and have $20k in advanced payments.
Would it be beneficial to access some of the $20K to put into my super fund?

I am 65 and retired. I’m looking at renting out my property and buying into a retirement accommodation. Would I have to pay any tax from the rental income.
Cheers. RM?

I am aware that super funds can be accessed early, however if the lump sum is moved to your self-managed super fun, does it get taxed? or if you are to withdraw your super due to 'x,y or z" reason would it be taxed?
Thank you.