I feel very fortunate to have found your videos. Thank you for generously sharing your passion and your knowledge with many people who have never been exposed to all the rules and regulations of super, pensions, taxes and investments for retirement. I have learnt so much just in 24 hours!
Love your work and the clear and concise way you explain things. Yes, I would love a video explanation on creating the investment portfolio, e..g do you have a separate investment account which continues to work for you, such a balanced or conservative account and also a pension account which draws the pension from the investment. Also what type of fees would you expect to pay for these accounts. I think fees are so important to consider when in the retiring pension space. Thank you
Hi Lorrah, thank you for watching and your questions. Actually those are very, very good questions, that indicate to me you know quite a bit about how to take care of your money. I have noted to create a video (or two) on those topics of creating an investment portfolio and expected fees to pay. Yes, I agree, fees are very important, and if you are going to pay, it should be in the are that brings the biggest benefit, and not for example for admin that is calculated by a smart spreadsheet. Please stay tuned, and all the best 😀 Katherine
Hi Kathrine, good video! I thought I would give you some feedback. UA-cam is presenting to me some of your older videos, such as this one (2 years old). One thing I noticed is you do not clearly indicate the broadcast date of the video. It would be helpful if you placed the date somewhere in the video description. As you can appreciate rules change with the passage of time. Point in case, you mentioned at 5:16 the transfer limit is $1.6M, which was correct at the time of broadcast, it is now $1.7M. Having the date mentioned within the video will assist in giving people context. Thanks for your efforts.
Thank you for your feedback. Yes, I realise, but we learn via mistakes, at the time I was less knowledgeable about UA-cam and I've never even expected to be going for that long. I learn as I progress. But very good points indeed 😀
Do you have to take a pension account once you reach (Centrelink) pension age? What about advise for those who have a small super. Most advice I hear is for people who have $1million or so, I wish. What about if your superannuation balance at retirement is below the asset limit for a couple for age pension (about $400,000). The pension account allocation at 4 or 5% would be small, so would it not be better in the superfund, waiting for rainy day needs? earning good income and have no pension account.
Hi Catherine, thank you for watching my video and for your question. To answer your query, you do not have to start pension fund, you can keep your savings in super for as long as you want, but most people want an income stream, as Age Pension is usually not enough. Also, you can take more than 4% or 5% as a pension payment, it is all up to you. Watch my upcoming video for this Thursday, that coincidently answers lots of your questions. As i said, you can keep savings in super, but don't forget that super pays 15% tax and a pension fund pays no tax, so I don't see the point of paying tax if you don't have to. I hope this answer helps together with my upcoming Thursday new video. All the best 😀 Katherine
Alan, there is no general formula, as it all depends on your overall value of assets, your goals, level of income, cashflow and many, many other aspects that need to be taken into consideration. The best option is to receive the advice.
I feel very fortunate to have found your videos. Thank you for generously sharing your passion and your knowledge with many people who have never been exposed to all the rules and regulations of super, pensions, taxes and investments for retirement. I have learnt so much just in 24 hours!
thank you and please keep on learning 😀
I keep tuning into your very informative channel. You provide a great service. Thank you.
Thank you Anthony, so glad to hear that the information is helpful
Hi Kath, this was a real eye opener for me as I'm in the boat preparing for retirement. Thanks for the good work - as usual.
Most welcome 😀 but keep watching for more
Love your work and the clear and concise way you explain things. Yes, I would love a video explanation on creating the investment portfolio, e..g do you have a separate investment account which continues to work for you, such a balanced or conservative account and also a pension account which draws the pension from the investment. Also what type of fees would you expect to pay for these accounts. I think fees are so important to consider when in the retiring pension space. Thank you
Hi Lorrah, thank you for watching and your questions. Actually those are very, very good questions, that indicate to me you know quite a bit about how to take care of your money. I have noted to create a video (or two) on those topics of creating an investment portfolio and expected fees to pay. Yes, I agree, fees are very important, and if you are going to pay, it should be in the are that brings the biggest benefit, and not for example for admin that is calculated by a smart spreadsheet. Please stay tuned, and all the best 😀 Katherine
Hi Kathrine, good video!
I thought I would give you some feedback. UA-cam is presenting to me some of your older videos, such as this one (2 years old). One thing I noticed is you do not clearly indicate the broadcast date of the video. It would be helpful if you placed the date somewhere in the video description. As you can appreciate rules change with the passage of time. Point in case, you mentioned at 5:16 the transfer limit is $1.6M, which was correct at the time of broadcast, it is now $1.7M. Having the date mentioned within the video will assist in giving people context.
Thanks for your efforts.
Thank you for your feedback. Yes, I realise, but we learn via mistakes, at the time I was less knowledgeable about UA-cam and I've never even expected to be going for that long. I learn as I progress. But very good points indeed 😀
Yes
Investment portfolio yes be interesting
yes
Do you have to take a pension account once you reach (Centrelink) pension age? What about advise for those who have a small super. Most advice I hear is for people who have $1million or so, I wish. What about if your superannuation balance at retirement is below the asset limit for a couple for age pension (about $400,000). The pension account allocation at 4 or 5% would be small, so would it not be better in the superfund, waiting for rainy day needs? earning good income and have no pension account.
Hi Catherine, thank you for watching my video and for your question. To answer your query, you do not have to start pension fund, you can keep your savings in super for as long as you want, but most people want an income stream, as Age Pension is usually not enough. Also, you can take more than 4% or 5% as a pension payment, it is all up to you. Watch my upcoming video for this Thursday, that coincidently answers lots of your questions. As i said, you can keep savings in super, but don't forget that super pays 15% tax and a pension fund pays no tax, so I don't see the point of paying tax if you don't have to. I hope this answer helps together with my upcoming Thursday new video. All the best 😀 Katherine
I am retired what is the best way to invest my my nest egg , I am on a part pension.
Alan, there is no general formula, as it all depends on your overall value of assets, your goals, level of income, cashflow and many, many other aspects that need to be taken into consideration. The best option is to receive the advice.
This site's is out of date. Don't other listening. Go to a tax agent.
Yes
Yes
Yes
Yes