Three components were put forward as the basis of a retirement portfolio: shares for long-term growth, property for capital gains and rental income, and superannuation as a tax-effective structure. PIPA chairman Peter Koulizos cautioned against relying on real estate alone because it cannot be sold in portions, while financial strategist Theo Marinis noted super earnings are taxed at 15 per cent before retirement and generally nothing afterwards.
Reported by
Moneysmart.gov.au Anthony Keane, The Australian, 9 June 2021
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