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  1. #21
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    Double post

  2. #22
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    Quote Originally Posted by Sonja View Post
    Depends on your age though. Definitely agree when you're young and have a mortgage. But not for older people.
    oh yes I should have added that it's not a one advise fits all, far from it.

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    I had super when I worked from the age of 15-19. Now I'm 24 and I'm pretty sure that is zero from fees or whatever. I'm a SAHM so nothing is going in there atm.

    Sent from my telecommunications device.

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    Dh and I have government super. He both have high amounts. We make personal contributions also. We have 2 properties, 1 we own and the other mortgaged. We we will be just fine.
    Last edited by Blessedwith3boys; 05-06-2014 at 21:29.

  5. #25
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    TheGooch is offline Winner 2014 - Newbie of the Year
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    Im nearly 35 and only have about $80,000. I don't contribute anything extra as my workplace contributes 12% of gross salary into super. I try and pump spare income into my mortgage. My DP doesn't really have anything. But between us we should be ok. we'll have my place and his farm paid for by the time retirement comes along... I hope...

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    34 & $100k worked for 20 years!

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    I don't like this thread

  8. The Following 2 Users Say Thank You to babyla For This Useful Post:

    dollypops  (05-06-2014),OurLittleBlessing  (06-06-2014)

  9. #28
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    Quote Originally Posted by Lili81 View Post
    Must have $50k?? and I'm 33yo.
    I have only work for 5.5 years though before that I was overseas.

    As a finance analyst I put as little as possible in my super (ie nothing lol). An investment for which you don't control the timing of the output is one of the worst investment I could think of.
    My dh thinks this way too so he puts all of his spare money into our mortgage. I worry though that as he is self employed he will not have enough super. Although being a tradesman I can't see how physically he would be able to work Til 70 anyway. What age do you think people should start focusing on super and less on their debt? When they are mortgage free? That's kind of our plan now but I'm not so sure.. We are 34 and will have our house paid off by 45 or earlier.

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    KitiK  (06-06-2014)

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    Quote Originally Posted by babyla View Post
    I don't like this thread
    Me too. I have no idea how much we have..

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    babyla  (05-06-2014)

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    I'm 24 with about 30k but we have plans to buy some investment properties etc before we retire.


 

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