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Should you put your extra dollars in super or the family home
Published 1 month, 3 weeks ago
Description
At the very core of wealth building is the dilemma of setting up your super or making sure you own a home; The long-term returns on both investment choices are broadly similar, but the tax system is hugely in favour of the home-owner. So what to do?
James Gerrard of www.financialadviser.com.au joins Associate Editor James Kirby in this episode
In today's show, we cover:
- The in-built bias against renters in the tax system
- If you already contribute 12% to super by law- should you add more?
- The lesser-known bias against renters in pensions and super
- Optimising the tax system to your life-stage
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