With many Aussies facing a shortfall of $25,000 a year in retirement, Money has teamed up with ASFA to bring back Super Booster Day.
A life expectancy calculator got Paul Clitheroe thinking about his retirement and how long it will last. That is the key in saving for life after work.
Many Australians have been told they will need more than $1 million in super to retire, but we’ve found the sweet spot which means you only need $275,000.
With the focus on accumulating super, what actually happens in retirement is an afterthought. So are account-based pensions really suitable for everyone?
When does a parent’s generosity stop? When does that generosity become detrimental to our own finances? It’s very hard to draw a line in the sand. It is also a question I get from a lot of my retired clients.
Kathleen and Tim want to plan for retirement: should they salary sacrifice more or leverage property to invest? And how can they help set up their kids?
Money matters have become more complicated over the past 30 years, says Paul Clitheroe. But would we be better off getting back to basics?
New research from ASFA shows Aussies aged under 30 tend to have more money in their super accounts than their bank balances but 40% have no idea what their super balance is and a further 16% have only a vague idea. The good news: ASFA is giving away $1000 for a young Australian.