Hi Vyvyen,

I’m no expert on structure, so I’m sorry I can’t answer your question. However, I would see purchasing a farm as quite different to what you may be used to – with a farm you are not only purchasing land + infrastructure, but you are also effectively purchasing a business. You need to consider if you want that in retirement. Perhaps…[Read more]

Some great comments on this post – thanks.

WWJD, I recently read a newspaper article (SMH?) on this topic, and the authors’ conclusion was that renting was better than buying.

However, the author did say that if:
1. interest rates remained stable (ie. not rising)
and
2. house prices continued to rise (as per boom)
then you may be better off…[Read more]

I posted just such a question I guess, but mainly because the forum topic is Help, and that’s what I’m after – some advice from people who’ve been there and done that. I’m pretty keen on learning more, and one way to do that is ask questions. Besides, what’s that saying about a little bit of knowledge being a dangerous thing?!!
Thanks for the…[Read more]

Thanks for the tips so far.
Redhaven, shows me I need to think more outside the square!
cbrenner, yes, I added those figures to the right box in the calculator.
Mortgage Advisor – I have that from saving over time (I’m 34 & to date I have been investing in shares & managed funds). Hindsight is great and I now know that I should have been much…[Read more]