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Showing 161 - 170 of 208 results for "Comfortable retirement"

Only a quarter of Australians contributing to reach retirement goals

ALEX GAMBOTTO-BURKE  |  FRIDAY, 27 FEB 2015
While over half (55.2%) of Australians know how much savings they will need for a comfortable retirement, only a quarter (24.5%) are making additional super contributions to reach this goal, according to a survey commissioned by Club Plus Super. Club ...

SSgA launches US equity ETF

MARK SMITH  |  TUESDAY, 14 OCT 2014
... find, local investors need to be thinking globally about how to grow their assets in order to secure a comfortable retirement. SPDR ETFs are an ideal vehicle to access international markets, sectors and geographies while providing sustainable and diversified ...

Mercer reveals confronting life expectancy research

MARK SMITH  |  TUESDAY, 19 AUG 2014
... workers can expect to live well beyond the average life expectancy highlights the challenge of achieving a comfortable retirement. Mercer's analysis into the mortality rates of public sector pensioners reveals that 50% of retiring white collar male workers ...

ASFA calls for lifetime contribution caps

MARK SMITH  |  THURSDAY, 3 JUL 2014
... "This would help ensure that people are using superannuation as a means to provide enough income for a comfortable retirement, and not for wealth accumulation or estate planning purposes," Vamos said. ASFA also evaluated the ability of the superannuation ...

FEATURE: Gear up for retirement

LAURA MILLAN  |  FRIDAY, 20 JUN 2014
... the member's projected retirement income with the Association of Superannuation Funds of Australia (ASFA) Comfortable Retirement Standard, currently $57,665 per annum for a retired Australian couple. "We are finding that readiness varies a lot between ...

Mercer launches retirement adequacy index

JAMES FERNYHOUGH  |  FRIDAY, 11 APR 2014
... launched a new tool that allows superannuation funds to measure whether their members are on track for a comfortable retirement. The Mercer Retirement Readiness Index (RRI) compares a members' projected retirement income against the ASFA Comfortable ...

Less than 15% meet ASFA standard of retirement savings

LAURA MILLAN  |  MONDAY, 31 MAR 2014
... and other retirement savings are all considered," he said. "More than 50% of couples are on track for a comfortable retirement if you take all the factors into account and we must also remember that not everyone surveyed will aspire to achieve this level ...

FEATURE: Insuring against longevity risk

JAMES FERNYHOUGH  |  FRIDAY, 14 MAR 2014
... age pension. According to ASFA, the current system will not provide the majority of Australians with a comfortable retirement, as it was largely designed for people who were living to their 70s, not their 90s. It has recommended two broad solutions to ...

A third of Australians expect major shortfall in retirement

LAURA MILLAN  |  MONDAY, 10 FEB 2014
... structure their contributions towards this goal." The fund's chief executive Paul Cahill added that "a comfortable retirement can be surprisingly expensive with a single person needing payments of around $41,830 annually for upwards of 20 years if they ...

Medical charges put pressure on retiree living costs

ALICE URIBE  |  FRIDAY, 16 AUG 2013
... Retirement Standard figures. The figured for the June quarter 2013 revealed that a couple looking to achieve a comfortable retirement would require an outlay of $56,406 a year, while those seeking a 'modest' retirement lifestyle needed $32,656 a year. ...