I am a 37-year-old husband, father and high school economics teacher. My wife is a part-time physiotherapist and we (mostly her) are raising a beautiful boy who is almost six.
We are wondering if our savings/investment priorities are appropriate given ourcircumstances as a youngish family navigating uncertain times.
In short, am I putting too much money in my superannuation? I have $225,000 in super and my wife has about $95,000. We have a small trust for our boy where we buy $1000 in shares for his birthday each year and it's worth about $6000 depending on the day. We also have about $13,000 in cash in the bank.
Our only debt is in two mortgages –
