John McAuliffe Blog

How to have more super?

How to have more super?

At a recent professional development day I heard that everyone wants to have more super.

And it was also stated that our goal was to have no one relying on government although 76% on retirement do so.

So there are several legislated options available. Read more ...

Downsizing & rightsizing

I have just enjoyed a seminar entitled downsizing & rightsizing was introduced.

 It was a seminar for all those who are downsizing but in particular those who may be looking at retirement villages, aged care & that later chapter in our lives.

The presentation was presented by Leah & Clarissa from Care to Move

They only started two years ago. They both had been nurses & that is a great comfort as they by definition are carers  by natural & training.

They very definitely have found a niche business.

It was all about letting go of the stuff that holds us down.

Stuff.
Read more ...

Compare the Four

1. ‘ It’s the worst action we have ever done’ said a client of our sometime ago when she bought an investment property.

A more recent client had bought a property up north for 450,000 ten years ago &  now according to the managing agent would get in the low 2s.
Very sadly the rent doesn't cover the debt of 350,000 interest costs. On top of that is the average costs of 10,000 which, yes deductible, still have to be paid first.

How many are like this?

The figures are that even when no debt a residential rental property gives on average a net income of very consistently 2%. Read more ...

John Michael McAuliffe AFA, DipFp., BSc., DipTeach.

John is a Premier Wealth Coach & Financial Strategist. Risk and Investment Advisors Australia Pty Ltd Authorized Representative No. 238629 www.riaa.net.au. AFSL No. 238 141

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