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Showing 31 - 35 of 35 results for "Compound interest"

Retirement age must rise

ALEX DUNNIN  |  FRIDAY, 18 APR 2008
... economic benefits - to the nation but also to their standard of living as well. The extra few years of letting compound interest work its magic could add tens of thousands to their retirement next egg. Encouraging workers to stay in the workforce may ...

Rev mortgages new sales down 10pc

MICHAEL HOBBS  |  WEDNESDAY, 19 MAR 2008
... outstanding reverse mortgages rising by 34 per cent in twelve months to $2 billion in December last year, due to compound interest and sales. "There was some slowing in sales in the second half of 2007 primarily due to the tighter availability of funds ...

Reverse mortgages, three years on

... would happen if they breached a loan condition. More disconcerting was the fact one in five did not know how compound interest worked. The availability of loan credit also meant some respondents found it hard to budget or resist the spend. 'Some borrowers ...

QSuper champions fin literacy

... example, the DVD will have sections on budgeting, goal setting, insurance and taking advantage of the concept of compound interest and superannuation incentives such as co-contributions and salary sacrifice. But the Gen X-Gen Y campaign is just the tip ...

Reverse mortgages better than starvation

ALEX DUNNIN  |  FRIDAY, 3 NOV 2006
... Ireland, managing director of Mariner Financial Services. Ireland said their weakness is you've got the power of compound interest working against you at the worst time of your life. "If your reverse mortgage is going up at 8 per cent and your house ...
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