The question that made Paul Clitheroe break one of his rules
A 25-year-old with a spare $10,000 and a backpacking trip on the horizon has inspired Paul Clitheroe make an exception to one of his long-held rules about money.
Ask Paul: How much will we need to retire on $90k a year?
Planning to retire, Paul and his wife's biggest concern is running out of money. Will they be in a position to retire in about five years?
Ask Paul: Should we buy an investment property in WA wine country?
Nathan and Melissa own two Perth investment properties, one worth less than what they owe. Should they buy a third, in regional WA?
Ask Paul: I’m 48 and don’t own a house, is it too late to retire comfortably?
At 48, Bernie's only asset is his $100,000 superannuation balance. Is it too late for him to look forward to a comfortable retirement?
Ask Paul: Should we pay off our mortgage or invest in an indexed fund?
For John and his wife, paying off their home means they will be mortgage free but also savings free. Should they hang onto the mortgage and invest instead?
Ask Paul: I’m on Centrelink and I just inherited $500k
After only working one or two days a week, a $500,000 inheritance will change reader Paul's life. How can he safely manage this windfall?
Ask Paul: I just got divorced and I’m out of my depth
Newly-divorced and having returned to Australia after living overseas for years, Whitney is "trying to avoid any more disastrous financial decisions".
Ask Paul: I owe $220k on the mortgage, my wife has $75k in a term deposit
Scott owes $220,000 on the home he shares with his wife, who has $75,000 in a term deposit. How can they make the most of the cash?
Ask Paul: Where can we start investing for our newborn?
Where is the best place to invest for a new baby? Having recently welcomed his first child, Rob is keen to help set his son up financially, starting now.
Ask Paul: Should we sell an investment property to pay off our home?
Chris and Vicki still owe half a million dollars on their home. Is it time to sell an investment property and pay off the mortgage?