What? All I need to retire on is $88,000?
New calculations reveal you only need a super balance of $88,000 when you retire. Who’s saying this?
Source: switzer.com.au
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Top News In Super Consumers Today - Breaking & Trending Today
Thinking of joining a Choice super product? Here's what you should know
The most recent APRA heatmaps show many Choice super products are underperforming, which will leave their members with less in retirement.
Source: choice.com.au
Superannuation rort for the wealthy remains despite unfairness
It only takes a few people to disrupt things for everyone else and that appears to be happening at the moment with superannuation.
Source: smallcaps.com.au
Superannuation funds: How your balance compares with people your age
There are 370 people under 30 with more than $2m in retirement savings, leading to calls to ban extremely high superannuation balances.
Source: afr.com
Labor not interested in capping super balances at $5m: Chalmers
Shadow Treasurer Jim Chalmers has pushed back on calls to cap super balances at $5 million, saying that reforming superannuation taxes is not a priority.
Source: afr.com