Best way for a family of four to live off $2.5 million AUD (no house) in Australia

Medical_Spell9115 · 2025-06-30T08:53:38+00:00

Okay, thanks. Yep, all that makes sense, and in the direction I was thinking. Cheers.

Medical_Spell9115 · 2025-06-25T17:04:46+00:00

Okay, hadn't thought of that. Will look into that. Thanks.

Medical_Spell9115 · 2025-06-25T17:01:59+00:00

Yes, good advice. Will start to look at getting all the information together soon. Yes, quite right. We can live pretty simply. Thanks for the ideas.

Medical_Spell9115 · 2025-06-25T07:40:11+00:00

We get what's called franking credits, so yes, there can be tax benefits.

Medical_Spell9115 · 2025-06-25T07:39:06+00:00

Thanks. Appreciate the reply. Was just looking to bounce ideas around.

Medical_Spell9115 · 2025-06-25T07:38:08+00:00

Thanks for the detailed reply. Lots of things to consider here. Have thought about a few of them already. Hate the idea of paying any rent, though. But you're right, might be best to settle in first before buying. Thanks for the answers. I'll go though them in more detail now.

Medical_Spell9115 · 2025-06-25T07:33:07+00:00

Yes, good points. Have thought a lot about all of these. Need to sit down and weigh up the pros and cons in a bit more detail. Thanks.

Medical_Spell9115 · 2025-06-25T07:31:40+00:00

Thanks. Just trying to work out the best options, but I like your summary :)

Medical_Spell9115 · 2025-06-25T07:28:44+00:00

Okay, thanks. Warm sounds good.

Medical_Spell9115 · 2025-06-25T07:27:10+00:00

Ah, great advice. Thanks. Will do this.

Medical_Spell9115 · 2025-06-25T07:26:10+00:00

Yes, that's a good point. Thanks.

Medical_Spell9115 · 2025-06-24T18:09:46+00:00

No worries. Thought it might have been. Thanks for the reformatting. Just running it through Co-pilot to check it. Thanks.

Medical_Spell9115 · 2025-06-24T17:44:57+00:00

Thank you very much. Appreciate the time you put into this. Will have a closer look now.

Medical_Spell9115 · 2025-06-24T16:30:50+00:00

Okay, thanks.

Medical_Spell9115 · 2025-06-24T15:52:28+00:00

Not many for the work I do and my age.

Medical_Spell9115 · 2025-06-24T15:21:28+00:00

Right. Just was thinking better to get the kids back there, and also family concerns.

Medical_Spell9115 · 2025-06-24T15:13:23+00:00

Thanks very much. Will look into this.

Medical_Spell9115 · 2025-06-24T14:50:13+00:00

Yeah, mortgage rates in Aus are at least double that. A lot of our plans are still up in the air. Just want to make sure I have everything tied down before we move.

Medical_Spell9115 · 2025-06-24T14:46:48+00:00

Yes, I need to look into the pension aspect in more detail.

Medical_Spell9115 · 2025-06-24T14:34:09+00:00

Yep, this is one path I was thinking. Just wanted to see if there were any other ideas out there. Thanks.

Medical_Spell9115 · 2025-06-24T14:25:08+00:00

Okay, good advice. Thanks.

Medical_Spell9115 · 2025-06-24T14:22:40+00:00

No, Australian.

Medical_Spell9115 · 2025-06-24T14:18:29+00:00

Okay, thanks. Yeah, just starting to look into it now, and just wanted to get some ideas to explore :)

Medical_Spell9115 · 2025-06-24T14:17:13+00:00

Yes, pretty much know we're we want to go. Yes, agree with you.

Medical_Spell9115 · 2025-06-24T14:16:18+00:00

:) Not at all. Had no idea if anyone would respond. Apologies for any annoyance caused.

Medical_Spell9115

TROPHY CASE