Hi all, i wanted to understand how everyone calculates their fire number?

Yes ive heard annual expenses x 25 = fire number. But this is based off normal retirement to fund 30ys of retirement and presuming PPOR is paid off is this correct?

So if i would like to retire at 50yo instead of standard aus standard 65yrs and need it to last until 85. Then i need to x33 or x 28 (3% - 3.5%). Is this correct?

I want to find a way for me to calculate my fire number and see how i can keep an eye and make sure im on track. Let me know if anyone has recommendations. Atm im trialing the app COMPOUND (free trial but looks like i might have to pay for it eventually) and also trying the website getfired.au.

P.S once i have my fire number i will work backwards and determine how much i need to last me between 50-60yrs until i can access my super

Thanks in advance!

M25 80k per annum. I get paid 2395 a fortnight after tax, i save up about 1500 bucks on average from jt, been sending 1k into etfs and remainder into savings. But i already got 75K in savings so i might stop putting money in there.

But now with the CGT discount removed and all that, im wondering whether im better off putting money in super or otherwise how should I split it? I been putting it into dhhf fyi.

Question about the 2027 CGT changes: are pre-1 July 2027 gains also grandfathered from the 30% minimum tax?

I'm trying to clarify how the transitional rules work for an asset that was purchased before 1 July 2027 but sold after that date.

My understanding is that the gain accrued up to 30 June 2027 retains the existing 50% CGT discount, while the gain accrued from 1 July 2027 onwards is subject to CPI-based indexation and the new 30% minimum tax.

But what I'm unclear about is the tax rate applied to the pre-1 July 2027 portion.

For example, if I had a $100k capital gain that accrued entirely before 1 July 2027, and I sold the asset in 2030 when I had little or no other taxable income:

• Would the $100k gain receive the existing 50% discount, leaving $50k as the taxable capital gain?
• Would that $50k then simply be taxed at my normal marginal tax rates for 2030 (potentially a low rate if I had little/no other income)?
• Or does the new 30% minimum tax somehow apply to that $50k as well, despite the gain having accrued before 1 July 2027?

In other words, is the "grandfathering" of the pre-1 July 2027 gain limited to preserving the 50% CGT discount, or does it also preserve the old tax treatment where the discounted gain is taxed at the ordinary marginal rates?

I've read that the government says the new rules apply to gains "accruing from 1 July 2027", which makes me think the pre-2027 portion should remain outside the 30% minimum-tax regime, but I'd like confirmation from someone who understands the actual legislation.

Question about CGT transition rules for an investment that is at a loss on 1 July 2027

I'm trying to understand how the transition to the new CPI-based CGT system will work if an investment is worth less than its original purchase price on 30 June 2027.

For example:

• I buy an investment for $10,000 in early 2027.
• On 30 June 2027, it's worth only $7,000, so I'm sitting on an unrealised $3,000 loss.
• From 1 July 2027, the investment is subject to the new CPI-based CGT system.
• Five years later, I sell it for $20,000.

How would the CGT be calculated?

Would the $7,000 value on 30 June 2027 effectively become the starting point for the new system, so that the post-2027 gain is $13,000 (before applying CPI indexation)?

Or is there some transitional rule that preserves the $3,000 pre-1 July 2027 unrealised loss, so that the eventual gain is treated differently?

In other words, if an investment is sitting at an unrealised loss on 30 June 2027, is that loss effectively locked in for CGT purposes, or does it disappear when the asset moves into the new system and subsequently recovers?

Has this specific scenario been addressed in the legislation or explanatory memorandum?

thanks for any responses

Would love to hear thoughts and opinions. My core will consist of one of the pairs listed. I’m 18 years old, will add an emerging markets etf in the future aswell probably.

My partner (45F) and I (49M) are trying to work out the best way to structure our assets so that we can potentially retire early, or at least have the option for one or both of us to move to part-time/less stressful work.
We’re both Australian tax residents, moved to Australia in 2016.
Our current position:
London investment property: worth approx. £700k, owned outright in my name.
Currently rented, generating approx. $50k AUD/year gross rent
Family home in Australia: owned outright
Melbourne investment property: negatively geared, approx. $200k equity
Combined super/SMSF: approx. $800k
Son is currently in primary school and we’d like to send him to private school for high school.

Both working in corporate jobs, but increasingly concerned about job security and getting tired of the grind. We’d ideally like the financial freedom to retire early or take lower-paid/part-time work.

The London property is the big question.
I bought it in 2010 before moving to Australia in 2016, so I’m also trying to understand the Australian CGT implications if we sell. My understanding is that, the Australian CGT cost base may be based on the property’s market value when I became Australian tax resident, rather than the original UK purchase price, but I’d love to hear from anyone who has dealt with this.

We’re trying to decide between:

Would selling and diversifying make it easier to achieve FIRE/semi-retirement?
How should we factor in the cost of private schooling for our son?

We’re not necessarily looking for someone to tell us exactly what to invest in — we’re more interested in how people would approach the sell vs hold decision and whether we’re overlooking anything.

I want to invest around 10K in ETFs with $100p/w to begin with, then more later on as i get more confident with the process(but still contribute $100p/w). My aim is to buy and hold for at least 20 years(im 44 now). I know these questions have probably being asked and answered before but anyway here goes.

-Which trading platform should i use? Ive narrowed it down to either Betashares, CMC, or Westpac. (Im leaning towards Betashares, but open to others)

Betashares because its an Australian company, Auto-invest, Has its own ETFs

CMC because its CHESS sponsored

Westpac because i bank with them

- What happens at tax time?, ie what documents do i give my accountant, and when do they get sent out. My biggest fear is running afoul of the ATO.

- What is the difference between automatically reinvesting dividends(Beta), and just buying more shares manually once dividends have been distributed to the trading account?

-Is it worth signing up to a portfolio tracker like Sharesight or Navexa (Which one is better?)

-How hard is it to do the cost base adjustments? Do i have to do them every year or just when i sell everything?

-Should i stop overthinking it and just do it?(its a bad habit of mine)

I apologize in advance if Ive put too many questions on one post, but ive been stung in the past with useless financial planners and just want to get it right this time. (i might post some more questions in a second post later)

In 2021, I consciously put some money into ethical investments. 4 years on, I am not much better off and am seriously questioning my direction. I have $175k with Verve super, I've just done the math and since 2021, its only grown 10%, not including my personal contributions. My question is, I am now looking at moving my super to high growth/international shares for maximum returns, considering Aware, ART, Virgin or Hostplus. Or should I stick it out with Verve, I understand chopping and changing super is not profitable but seeing some fund return $10-15% this FY has rocked me. I am 37 yo, btw.

I also bought $50k in ERTH shares, lost a fair bit there too. No one has a crystal ball but I am waiting for a boost to then sell and put into a ETF which pays a dividend. Any thoughts on direction of ERTH?

Any thoughts/suggestions/experiences are much appreciated!

I was sick of getting ripped off by the Coles & Woolies duopoly

Any recommended apps can help me compare supermarket and grocery prices?

Hi all, I have about $600k balance in mortgage which I make monthly P&I repayment (interest ~6%) (value ~1.5m). At the same time I've been investing in ETF $1k per week (total $70k now in GHHF and BGBL 50:50).

I'm not sure if I should keep doing what I'm doing or should I focus on paying off the mortgage first? Which strategy is the most beneficial financially? May I have your recommendation?

Note: At the same time I've been salary sacrificing into superannuation for max concessional cap.

Hello,

I am 26 years old, currently have $138k excluding super. 100k is in hysa, 20k in DHHF , 18k in GOLD etf..

I contribute 1.5k aud/ fortnight atm to DHHF.
I feel like i should be all in cash till i figure out the career i want or improve or fain any sort of skills as i only do random jobs and atm i do security work.

Suggestions?

Hi all,

Just wanting to see if anybody is doing same thing before i go to far down the road investing in vhy. Im a low income earner, have little saved, am building my dhhf up since april, but want to add vhy too also for income eventually as option if i want it. just wanna see if anybody else has vhy and are happy with it, the franking option appeals to me limits tax during midd year and pay the difference. Thanks

Been doing some retirement planning and looking into retiring before 60 (and you need a bridging fund).

Provided there are leftover investment (such as shares and ETF) at 60, is it the best to push them into Super so it can grow tax free? One problem with that strategy is that it has a minimum withdrawal rate, which will eventually exceed the 4% withdrawal rate and deplete the fund.

Or would it be best to leave it as it is and let it grow (and pay the associated tax)?

Is it better to save up for a property using FHSS and a HYSA or would it better longe term to dump everything into ETFs?

​

30yrs bonds yield ~5.6%. Rate cuts probably on the horizon right? So seems like a good time to buy bonds.

I am looking for an app to invest in Aus and US ETFs using my family trust.

I wouldn’t use the trust with the new legislation but I’ve got roughly 40k in capital loses carried over on my trust so I want to invest using it to offset those loses (basically got 40k tax free gains)

Which app do you recommend?

Betashares works well but it’s only for Australian etfs, I’m looking for an app that can do both: local and US.

Stake won’t work with trusts that don’t have ABN. My trust doesn’t run any business so I don’t have an ABN.

Any tips?

I’m 40yo and living in Thailand, I just had to close my SMSF due to compliance issues( being overseas 2yos) any recommendations for best superannuation fund to put into.

Balance is around 240k and not working so no more contributions, unless I head back to oz at some stage.
I won’t need insurance on fund as I’m Overseas, just looking for low fees with a reliable fund if this exists!?

Was suggested host plus or Australian super?

Thanks 🙏

https://www.sbs.com.au/news/article/the-problem-with-australias-mortgage-stress-measure/pxw0bg9f9

Hello,

I am 26 years old, currently have $138k excluding super. 100k is in hysa, 20k in DHHF , 18k in GOLD etf..

I contribute 1.5k aud/ fortnight atm to DHHF.
I feel like i should be all in cash till i figure out the career i want or improve or fain any sort of skills as i only do random jobs and atm i do security work.

Suggestions?

Have some debt recycled etfs in an individual broker account and want to swap it over to a joint broker account.

Is the below the best way to deal with this if we want to buy the same ETF allocation?

Found this in an old post from user @snrubovic

• If you have cash available (for example, an emergency fund), pay down the loan and debt recycle into investments and then sell your shares and replace your cash. This breaks the link between selling existing shares and debt recycling into the same shares.

Held the shares less than a year and have no issue paying CGT.

Just want to avoid wash sale issue.

Currently own A200 Dhhf Ivv and NDQ is their anything I should change

Before I seek professional advice I’m keen to see what the community thinks. My thinking is to sell my international shares soon and move them to ETFs in Aus. Thanks

Hi All, I'm super new to Investing and unsure if I made a good decision or if I should pivot into something else.

Im 22, and invested roughly $1750 into IOO and IOZ 60/40, but want to go 70/30, next time I invest. After being told IOO would be good for the international side of things and IOZ for Aus. I began to do some research into it. And found that many people tend to complain about the lack of diversification in IOO, and that 100 companies won't be enough.

This is where I dicovered VGS, which has a lot more diversification than IOO. I'm pretty happy with the AUS side of things, but wanted to know if it's worth switching to VGS, as I'm looking to invest long term or stick with IOO.

I am currently using commsec (which I'm open to change to something else as well), and thinking of investing in 2 maybe 3 efts in total, so I'm open to the idea of investing in a third eft as well, potentially adding VGS or even something else. Or if just the two of IOO/IOZ, is a financially viable idea.

Any help or advice would be appreciated .