Superannuation Discussion + market volatility

[tgh]

We bought an off the plan unit a few years back , it sits empty eating its head off but it is our insurance policy.
We really love our quiet little chunk of dirt even after 40 years ; sometime however , it will all be too much.
If we have a sudden hiccup in terms of health, we could be out of here in a week.

 

[Quickstatus]

off the plan unit

While I would quicker than you can drop a hot potato, downsizing to an apartment is not MrsQS thing

Often the problem is one half prefers downsizing to A and the other half something completely different.

 

[Quickstatus]

Our travel patterns are 1 or 2 O/S trips per year, and only 4-6 flights domestically

Assuming that the AFSA "comfortable retirement" standard equates to a AFF LCC retirement standard. In terms of amount of travel would this be AFF J retirement standard?

 

[tgh]

downsizing to an apartment is not MrsQS thing

..nor mine… however the bitter reality is that time forces change..like it or not…..

 

[OATEK]

Assuming that the AFSA "comfortable retirement" standard equates to a AFF LCC retirement standard. In terms of amount of travel would this be AFF J retirement standard?

We have budgeted for a mix of J/PE/Y legs on our international flights, but generally need J for he long legs.

 

[hydrabyss]

A few months ago I had been looking into fulltime retirement and came across something similar to this showing what is needed for a $200k retirement.
How Much Do I Need to Retire on $200,000 a Year in Australia?

 

[Happy Dude]

Since the budget, I've been trying to figure out if I need to make a new retirement plan, now that selling the IP and contributing the proceeds to super appears to be unattractive. Maybe selling the PPoR and living in the IP is a better way to go.

The budget was supposed to help the young folks but the changes have restricted their wealth creation opportunities, as there's reduced incentive for most to invest outside of super now.

 

[Pushka]

Since the budget, I've been trying to figure out if I need to make a new retirement plan, now that selling the IP and contributing the proceeds to super appears to be unattractive. Maybe selling the PPoR and living in the IP is a better way to go.

The budget was supposed to help the young folks but the changes have restricted their wealth creation opportunities, as there's reduced incentive for most to invest outside of super now.

My nephew used bitcoin successfully for his housing deposit. That's pretty much been killed now.