SUPERANNUATION

Well how much do you reall need to retire then?

Have you seen a financial advisor?  Who can you trust?  Is shares the right way to go or is property?  Either of those choices are a long term proposition so dont think 5-10 years will reap you the rewards as the markets change all the time.

Right now I think everyone should be putting a plan in place even if you are just 25 years old, yeah sure you dont need to actually pump your super at your age but you definitely need to make a plan.  Most 25 year olds are spending more than they are making - its called credit cards!!

If you are looking for a good advisor contact Yvette Fernandez on 0403 343 424 or email her at yvette@dzlw.com.au and book in for an appointment (also a broker and a fully qualified accountant although doesnt practise accountancy anymore).

It comes as a bit of a shock as I took out shares about 8 years ago and although they have performed ok they have not done great and by getting someone to look over things for you it makes you realise how little you actually know about these things (also depends on the Company that are managing them for you and how much they take out for their fees - yes I have actually looked at one of my statements).  Shares are something that I am not really that interested in property is my game.  So if you are not into the shares you need to employ someone that is and I will be definitely swapping mine over.

To retire you need to have a mixed portfolio as if one isnt performing the otherone is (well we hope so anyway).

As you come over that hill and at 50 if you have not made a plan I would say to you that you are leaving it a bit late but it's still not impossible.  

How much do you want to have each week when you retire that's the key.... well if we are ever allowed to retire as they keep changing the goal posts dont they?

Do yourself a favour and have a chat with someone experienced and that has the current market knowledge, the worst you will be out of pocket is a one off fee if you dont decide to go with their plan.

Nothing is simple in this life anymore is it - once upon a time there was just the pension and the family home as your plan - not anymore there's not or unless you rely on the Government to look after you and they dont do that very well either do they?

MAKE YOUR OWN DECISIONS AND GIVE IT A REAL GO!!

SELLING MOSMAN PARK AND THE WESTERN SUBURBS!!

KEEPING IT REAL IS OUR MOTTO!!