Ideally, we would enter retirement with our home mortgages paid off and completely free of any other kind of debt.
Mortgages, personal debt and retirement
Month: March 2016
Mortgages, personal debt and retirement
Ideally, we would enter retirement with our home mortgages paid off and completely free of any other kind of debt.
Cost of retirement continues to climb
The Association of Superannuation Funds of Australia (ASFA) retirement standard for the December quarter shows living costs for retirees have risen once again.
Personal finance goes ‘viral’
Home videos of animals or babies often seem to go viral on the internet. But have you heard about a list of personal finance tips going viral on the net?
ATO warns on poor asset records causing SMSF breaches
The ATO has stressed the importance of clearly distinguishing SMSF assets, with some funds losing assets to lenders following personal debts because they were not recorded correctly.
When is an unallocated contribution account a reserve?
The ATO interpretative decisions and tax determinations on this issue refer to contributions being allocated to an “unallocated contribution account”.