SuperannuationAs Australians approach retirement age, and not necessarily 65, the holy grail is to retire comfortably, meaning you can enjoy a lifestyle that allows you to savour life – hobbies, restaurants, local getaways and even the odd indulgent overseas trip.
Recently the Association of Superannuation Funds (ASFA), released its projections for wha... | | Read More | Whether you are self-employed or employed, anyone approaching retirement waits for the that ‘magic number’ – the day when your retirement savings suggests you can now retire.
However, how realistic is this magic number?
Before you finish working, retirement seems like the finishing line.
Once you pass it, you realise it&rsqu... | | Read More | Superannuation has always been a long-term investment designed to carry you through into two key phases of your retirement life.
First, there’s the accumulation phase then followed by a retirement phase; however, these aren’t mutually exclusive phases, i.e. it’s not about one or the other.
You can have some of your super in a... | | Read More |
According to the Grattan Institute, it takes a decade to save for a 20% deposit for an average home compared to six years back in the early 1990s.
And these savings may still not be enough to secure your first home.
So, it's no wonder 'kidults' are now turning to parents or even grandparents for help.
The bank of mum and dad ... | | Read More |
A young family could be $240,000 better off at retirement if they receive financial advice, according to Sunsuper.
Sunsuper commissioned CoreData for its 'Value of Advice Report' that found that a 34-year-old Australian couple who received advice could maximise their money to pay for six additional years of private education for two ... | | Read More |
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