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Calculating how much you’ll need in your nest egg can be a tricky endeavour.

How do I know if I have enough money to retire?

If you’re unable to enlist the help of a financial planner, there are some methods you can do yourself to get an idea of how much you’ll need.

  • Paul Benson

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Housing from the 1970s may not have the glamour of some modern buildings, but it is functional and comfortable.

I’m retired and sick of strata fees. Should I sell up and rent instead?

The costs that come with owning an apartment such as special levies and strata fees can quickly build up.

  • Paul Benson
The longer your money stays in super, the more it can grow.

Should I invest my savings in shares or super?

Working out where to allocate a big chunk of cash can be tricky, but it’s important to think about the long-term implications.

  • Noel Whittaker
Investing for your children in the long term may require a bit of risk.

How can we get the best return for our kids’ savings?

If you want to get better returns outside a simple savings account, you’re going to have to take on some level of risk.

  • Paul Benson
The proposed super tax will likely cut into the balances of top earners.

Can I withdraw from my super to avoid the proposed $3m tax?

The calculation for the new $3 million super tax can be difficult to wrap your head around. But there’s a simple bottom line.

  • Noel Whittaker
Buying with only a 5 per cent deposit comes with significant risks.

I’m in my early 20s. Should I buy an investment property?

Young people are constantly encouraged to get on the property ladder, but sometimes we can forget just how hard a decision it is.

  • Paridhi Jain
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With retirement on the horizon, it can feel like the sky is falling. But there’s no reason to panic.

I’m close to retirement. Should I change how my super is invested?

With retirement on the horizon, it can feel like the sky is falling. But there’s no reason to panic.

  • Paul Benson
A trunkful of crypto is no use if your bank won’t allow you to withdraw from local exchanges.

Why won’t my bank let me buy from a trusted crypto exchange?

Despite a boom in crypto investment, Australian banks still maintain a cautious approach.

  • Noel Whittaker
Assets that belonged to both of you as a couple will be split evenly in any divorce proceedings.

Can I stop my ex-husband from misusing our son’s school savings?

Assets that belonged to both of you as a couple will be included in any financial settlement, so there may not be much you can do.

  • Paul Benson
If you are being paid out unused annual leave as part of your redundancy, you’ll have to pay tax. But there are some ways you can reduce how much you pay.

Do I have to pay tax on my redundancy payout?

If you are being paid out unused annual leave as part of your redundancy, you’ll have to pay tax. But there are ways to reduce how much you pay.

  • Noel Whittaker

Original URL: https://www.theage.com.au/topic/ask-an-expert-1qi