Money Australia – July 2017

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MONEYMONEY JULY 2017 JULY 2017 99

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your wealth based on your income. And while
you should never base an investment deci-
sion on tax benefits alone, some strategies
clearly work better on a lower income than
a higher one, and vice versa. We hope this
month’s cover story helps you kick off the
new financial year in a positive direction.
And watch out for our 2017 Real Estate
Guide, which went on sale on June 26. There
are 148 pages of real solutions to building
wealth through property (one home at a time).

Effie Zahos,
Editor,Money
magazine


and save $750,000 to provide for themselves
are no better off than those who choose not
to and take advantage of their children who
have to foot the bill.
Martin, NSW


A shifting sweet spot
Constant changes to people’s super are mak-
ing retirement planning impossible or at least
stressful for many. So this year the sweet
spot may be $275,000, but what if next year
it becomes $350,000 or $500,000?
Average people who have been working
and saving for 30-plus years aren’t able to
make rapid corrections to their long-term
super in these sorts of time frames. Again the
middle income workers are getting screwed.
Basil, email


“Wealth is not about having


a lot of money; it’s about having


a lot of options.”


CHRIS ROCK, ACTOR/COMEDIAN

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