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  1. #31
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    Quote Originally Posted by dollypops View Post
    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.
    Most financial advisers will recommend reducing your mortgage at your age as you get no tax benefit from a mortgage.

  2. The Following User Says Thank You to Sonja For This Useful Post:

    dollypops  (05-06-2014)

  3. #32
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    I'm 26 and have about $50k. My work package includes a decent super payment so I've never bothered with extra contributions.
    I salary sacrifice and buy shares instead which my employer match.

    It's started to stress me out recently especially given I can't see us owning outright anytime soon... So I think I need to see a professional to see how else we can make sure we're ok when we retire and also we can leave the girls a decent amount of money.

  4. #33
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    I'm 28 and have about $15k. That's from working for the last 12 years. I'm clearly screwed come retirement.

    Sent from my GT-I9505 using The Bub Hub mobile app

  5. #34
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    hakuna matata is offline The artist formerly know as babyhopeful
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    I'm not sure, but I do salary sacrifice into super to try help bump it up a bit. I'm 25

  6. #35
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    Im 28 and have about $200 haha go me lol

  7. #36
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    I have a defined benefit account. My current entitlement is about 250K. I am 40 with 17 years working for the same employer.

  8. #37
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    Ana Gram is offline 2008 WINNER - straight shooter award
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    I'm nearing 40 and only have a few thousand. Unfortunately, in the 10 years I took to raise my child, fees ate most of what I had. I very much doubt I will be able to retire at all.

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    A few hundred g.

  10. #39
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    I have no idea - I'm going to check tomorrow!

  11. #40
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    I'm 35 and have less than $20,000 - far from ideal. My fault for working in such a low paying industry.


 

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