Posts tagged compound interest
The XYZ of Adequate Returns in Super
Nov 17th
Tik Tok
If you’re a late entry X gen or better still a Y gen just entering the work force then it’s likely you have more than 40 years to retirement. And that means you have something that the baby boomers don’t have – time.
According to the Association of Superannuation Funds in Australia the definition of an ‘adequate’ retirement income will have you living on a figure of around $26,000 p.a.
Hmm, there goes that overseas holiday. Read the rest of this entry »
