Recent Posts by Mark Teale

Age Pension and the Superannuation Sweet Spot?

What am I talking about? I will try and provide a very simple explanation.  The “Superannuation Sweet Spot” is recent terminology referring to the amount of money a person or couple needs to have saved in superannuation to ensure they achieve a reasonable level of income while maximizing their age pension. There ...

My Comfortable Retirement

What does this mean? Every three months, an organisation known as the Association of Superannuation Funds of Australia (ASFA)  produces research providing details of how much a person needs in retirement to fund a comfortable lifestyle. The research is very comprehensive - documenting a detailed “comfortable budget” outlining how much a ...

Downsizer Contributions – value for some is questionable!

In November 2017, legislation was passed that will allow certain individuals who sell their main residence to contribute up to $300,000 of the sale proceeds to superannuation without being constrained by the usual restrictions that otherwise apply to contributions including contribution caps and work requirements. The value of homes in most ...

Recent Comments by Mark Teale

 

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