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My income protection costs $362 a month. Is it really worth it?

My income protection costs $362 a month. Is it really worth it?

Income protection insurance can be expensive, but it’s a comforting parachute to have if you’re suddenly unable to earn.

  • by Nicole Pedersen-McKinnon

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My wife thinks investing is too risky, how do I convince her?
Opinion
Opinion

My wife thinks investing is too risky, how do I convince her?

When someone says they think investing is too risky, they can often be speaking from a place of fear. There are some things you can do to overcome this.

  • by Paridhi Jain
Will my pension be cut if I move in with my sister?
Opinion
Opinion

Will my pension be cut if I move in with my sister?

Moving in with a sibling is unlikely to have a bearing on your pension as Centrelink does not consider family members as being in a relationship.

  • by Noel Whittaker
We’re running low on super, can we use our house equity as backup?
Opinion
Opinion

We’re running low on super, can we use our house equity as backup?

Downsizing and contributing the proceeds into your super has minimal limitations, but it might affect your age pension.

  • by Paul Benson
If I drop to part-time, can I use super to top up my income?
Opinion
Opinion

If I drop to part-time, can I use super to top up my income?

Managing an income while drawing down from your super can be a delicate balance, but there are plenty of ways to make it work.

  • by Noel Whittaker
What should my daughter do with her $20,000 inheritance?
Opinion
Opinion

What should my daughter do with her $20,000 inheritance?

Coming into money early on in life can be a wonderful opportunity to learn about investing and financial markets.

  • by Paul Benson
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If I use up my super on a lavish holiday, can I still get the pension?
Opinion
Opinion

If I use up my super on a lavish holiday, can I still get the pension?

Taking an expensive overseas holiday using your superannuation should have no bearing on your pension eligibility when the time comes.

  • by Noel Whittaker
Should I move from a small super fund to a major one?
Opinion
Opinion

Should I move from a small super fund to a major one?

While a small fund can seem like it lags bigger ones, it can still be a winner when it comes to returns.

  • by Paul Benson
Can I use my mother-in-law’s home as an investment property?
Opinion
Opinion

Can I use my mother-in-law’s home as an investment property?

Loaning your mother-in-law money in exchange for equity in her home may not be the practical solution you’re looking for.

  • by Noel Whittaker
I’ve paid taxes all my life. Am I entitled to a full pension?
Opinion
Opinion

I’ve paid taxes all my life. Am I entitled to a full pension?

Your entitlement to an age pension is determined based on need, not the amount of tax you’ve paid.

  • by Paul Benson
I just got divorced. What should I do with the settlement?
Opinion
Opinion

I just got divorced. What should I do with the settlement?

Port-divorce, it’s best to not rush into any rash financial decisions you could regret later.

  • by Paridhi Jain