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Paul Benson is a Certified Financial Planner, and host of the Financial Autonomy podcast.

We’re selling our holiday home - can we put the proceeds into our super?

We’re selling our holiday home - can we put the proceeds into our super?

A super top-up using the proceeds from your house sale is possible, but you need to be mindful of the size and timing of contributions.

  • by Paul Benson

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How do I plan for retirement when I don’t know what I’ll inherit?

How do I plan for retirement when I don’t know what I’ll inherit?

It can be helpful to have a conversation with your parents about their intentions for their estate, which can make planning easier.

  • by Paul Benson
I lost a lot of money while investing. Will it reduce my tax bill?
Opinion
Income tax

I lost a lot of money while investing. Will it reduce my tax bill?

Capital losses can only be applied against capital gains, so you if you’ve incurred a significant loss it might be time to sell some assets.

  • by Paul Benson
What should our nephew do with our $21,000 gift?

What should our nephew do with our $21,000 gift?

Locking your gift away inside the First Home Super Savers scheme would be a smart move for your nephew.

  • by Paul Benson
Should we sell or rent our elderly mother’s house?

Should we sell or rent our elderly mother’s house?

Doing the calculations on the cost of renting versus selling a property can be necessary so you don’t get slugged with surprise taxes.

  • by Paul Benson
Why does my friend get a bigger age pension than I do?

Why does my friend get a bigger age pension than I do?

While it may seem like your friend is getting a better deal, in the long run, you’re likely to find yourself better off.

  • by Paul Benson
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If we use super to help our kids buy a house, can we top it up later?

If we use super to help our kids buy a house, can we top it up later?

Early inheritance is always a good idea, but make sure you can afford to give away the money first.

  • by Paul Benson
The self-managed super fund I was told to start is losing money. What do I do?

The self-managed super fund I was told to start is losing money. What do I do?

Generally, SMSFs don’t make sense unless there is a specific investment case that requires them, or your balance is above $1 million.

  • by Paul Benson
My son will make a tidy profit from selling an investment property. What should he do now?

My son will make a tidy profit from selling an investment property. What should he do now?

A writer asks the best way to invest a $500,000 windfall from a property investment.

  • by Paul Benson
What’s the best way to invest after landing your first good job?

What’s the best way to invest after landing your first good job?

I’m encouraging my son to put as much money into super as he can so he can enjoy compounding interest later in life. Is that a good idea?

  • by Paul Benson
Should we invest in shares, super, or give bonds a try?

Should we invest in shares, super, or give bonds a try?

Investment bonds can be a suitable option for those looking for a tax-friendly environment outside of superannuation.

  • by Paul Benson

Original URL: https://www.theage.com.au/by/paul-benson-p536xj