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Showing 91 - 100 of 203 results for "Comfortable retirement"

Consumers trust super funds about as much as banks

ELIZABETH MCARTHUR  |  WEDNESDAY, 30 OCT 2019
... following the Royal Commission. The average Australian's confidence that they will have enough money to enjoy a comfortable retirement is up slightly, though Qantas Super said the figures still indicate poor confidence. Participants were asked to score ...

SMSFs can meet aspirational lifestyle: Research

HARRISON WORLEY  |  TUESDAY, 22 OCT 2019
... a year, while singles in SMSFs are on track to achieve lifestyles worth $65,300, easily clearing ASFA's comfortable retirement standards. "However, our previous research has shown that many SMSF trustees are hoping to achieve more affluent lifestyles ...

National Seniors partners with retirement funder

HARRISON WORLEY  |  FRIDAY, 27 SEP 2019
... other, and will leverage their combined strengths to do so. "Our research has found one of the keys to a comfortable retirement is financial flexibility," NSA chief executive and research director John McCallum said. "We look forward to growing our partnership ...

Super working in favour of all members

KARREN VERGARA  |  WEDNESDAY, 24 JUL 2019
... between 60 and 64 are retiring with a median balance of $154,453 - although this is well below ASFA's comfortable retirement standard of $545,000. Women tend to retire with $122,848 compared to males who end up with a median balance of $154,453. ...

New chief at CBA Group Super

ELIZABETH MCARTHUR  |  FRIDAY, 19 JUL 2019
... these roles he has had a deep focus on improving member outcomes, both in helping them save for and enjoy a comfortable retirement." Durbin has had a long career with CBA, having spent nine years at Colonial First State, working his way up from head ...

Australians retire too wealthy: Grattan

ELIZABETH MCARTHUR  |  TUESDAY, 4 JUN 2019
... incomes during their working lives into account. Another argument Daley used to suggest expectations for comfortable retirement are too high was that spending decreases as people enter their 80s. Knox disagreed with this too, saying it was a far too ...

Compulsory super detrimental: Research

ELIZABETH MCARTHUR  |  WEDNESDAY, 29 MAY 2019
... effect on homeownership and owning a home is the single biggest factor in determining whether someone has a comfortable retirement. For homeowners and non-homeowners receiving the full rate of the aged pension, homeowners have approximately nine times ...

Rising costs outpace retiree savings

KARREN VERGARA  |  FRIDAY, 24 MAY 2019
... Australia's Retirement Standard for the March quarter estimates retired couples need $61,061 per year to live a comfortable retirement, while singles need $43,255. The amount of money needed to fund living expenses was stable over the March quarter ...

Qantas Super urges women take control of super

ELIZABETH MCARTHUR  |  FRIDAY, 15 MAR 2019
... women. Only 21% of women between the ages of 18 and 29 expressed confidence in their ability to afford a comfortable retirement. Qantas Super chief executive Michael Clancy said: "We strongly support a national discussion about women and their superannuation ...

Productivity Commission report puts banks first: ACTU

HARRISON WORLEY  |  FRIDAY, 11 JAN 2019
... more power to the big banks and have nothing to do with making sure more working people have a secure and comfortable retirement," O'Neil said. "If the government was really concerned about ensuring that all workers had access to insurance and other ...