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Existing pension account holders can relax – the new super tax won’t affect you.

Will the new super tax hurt my pension account earnings?

The proposed superannuation tax means unrealised capital gains will be taxed for the first time. How will that affect retirees with their super already in pension mode?

  • Noel Whittaker

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Taking your time after inheriting a large sum is smart, but if you’ve never dealt with that much money before, it can be stressful to deal with.

I’ve received a large inheritance. Why am I so scared to spend it?

Taking your time after inheriting a large sum is smart, but if you’ve never dealt with that much money before, it can be stressful.

  • Paridhi Jain
Negative gearing on property does not mean the government “subsidising a loss-making business”.

I’m 10 years off retirement. Should I focus on buying a property?

With a 10-year time frame, property is a sound investment. But it’s important to be clear on what your objectives are.

  • Paul Benson
It’s not uncommon for funds to close accounts and move your balance into cash. But don’t leave it in there too long, your returns might start to shrink.

My super fund is closing one of my accounts. What should I do?

It’s not uncommon for funds to close accounts and move your balance into cash. But leaving it there may shrink your savings.

  • Noel Whittaker
If you’re expecting a financial adviser to be able to work some magic with your finances, you might leave disappointed.

I’m in my 30s earning over $100k. Do I need a financial adviser?

If you’re expecting a financial adviser to be able to work some miracles with your finances, you might leave disappointed.

  • Paridhi Jain
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

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