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Showing 141 - 150 of 203 results for "Comfortable retirement"

Federal Government told to stop 'tinkering' with superannuation

KERRIE SYDEE  |  THURSDAY, 7 APR 2016
The Financial Services Council (FSC) has recommended the Government enshrine a concise objective of superannuation in legislation and that it occurs through a stand-alone bill, rather than through existing superannuation law. In its submission to the ...

Super effectively the same as lotto for younger Australians

ALEX BURKE  |  WEDNESDAY, 23 MAR 2016
... (21%) - and it suggests that the average Australian doesn't put much stock in superannuation ensuring a comfortable retirement. Unsurprisingly, then, the Australian lotto industry is predicted to grow at a compound annual rate of 1.2% over five years ...

Survey shows people struggling to put more super away

MARK SMITH  |  MONDAY, 29 FEB 2016
... only help you to achieve your immediate goals, it can also help make sure you're putting enough away for a comfortable retirement," Bourguignon said. The quarterly survey also found that not having enough money to invest after taking out our living expenses ...

Modest rise in retirement living costs: ASFA

DARREN SNYDER  |  WEDNESDAY, 16 DEC 2015
... retirement standard figures today, showing couples aged around 65 need to spend $58,915 per year for a comfortable retirement (singles $42,962). This is a 0.2% increase on the previous quarter. ASFA chief executive Pauline Vamos said in order to achieve ...

Are Aussies super know-it-alls?

DARREN SNYDER  |  MONDAY, 12 OCT 2015
... down 4% on 2014. The report suggests 51% believe their super fund will not provide enough income for a comfortable retirement. Fifty-five per cent of Australians will use additional income sources such as property and employment to supplement their superannuation ...

Tax conversation in a bubble

DARREN SNYDER  |  THURSDAY, 8 OCT 2015
... balances are being generated which are far larger than any reasonable person could ever need to fund a comfortable retirement," Chapman said. "Suggestions for reform are many and varied but mostly focus on taxing income paid out of superannuation on ...

Australian pre-retirees streets ahead of US

MARK SMITH  |  TUESDAY, 22 SEP 2015
Industry bodies often say people's super savings will not fund a comfortable retirement, but new stats from the US show just how far ahead Australia is. Figures from US researcher Bankrate show that 26% of Americans ages 50 to 54 have no savings. That ...

Super doing its job: Actuaries Institute

MARK SMITH  |  WEDNESDAY, 2 SEP 2015
... quartile and 44% for "middle Australia". While those in the top quartile income bracket will easily achieve a comfortable retirement, they still qualify for part-payment of the Age Pension (16% of their income over their lifetime). A median couple has ...

Australians are hardly retirement ready

DARREN SNYDER  |  THURSDAY, 27 AUG 2015
... the Age Pension, couples with similar income levels are expected to reach 98% of what is considered to be comfortable retirement savings ($58,444). This is based on the Association of Superannuation Funds of Australia (ASFA) retirement standards released ...

Put your tax return in to super

DARREN SNYDER  |  FRIDAY, 21 AUG 2015
... $150,000, Club Plus Super said. It is a potential solution to raising the extra $130,000 A needed for a comfortable retirement as suggested by the Association of Superannuation Funds of Australia (ASFA) earlier this week. Club Plus Super chief executive ...