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Showing 71 - 80 of 203 results for "Comfortable retirement"

SG increase to self-fund retirement

ANNABELLE DICKSON  |  WEDNESDAY, 23 JUN 2021
... deserve." ASFA noted the increase to 12% will lead to double the proportion of Australian workers reaching its comfortable retirement standard of $545,000. Only 25% of Australians currently achieve a self-funded retirement. "By 2050, that number is set ...

Super top ups increase: Survey

KARREN VERGARA  |  THURSDAY, 22 APR 2021
... Australians should not be under the impression that an unsupplemented super balance alone will be enough for a comfortable retirement. "Women (25%) are less likely than men (43%) to make additional contributions," she said. The findings coincide with ...

Cost of living eroding super: ASFA

KARREN VERGARA  |  THURSDAY, 4 MAR 2021
... other hand, were 6% cheaper. ASFA found couples aged about 65 need to spend $62,562 per year to live a comfortable retirement. Singles need $44,224 per year. Many retirees had to pay more for health insurance premiums, which increased from 1 October ...

Aware Super eyes another merger

JAMIE WILLIAMSON  |  TUESDAY, 2 MAR 2021
... female teachers who wanted to ensure they had the same opportunity as their male counterparts to achieve a comfortable retirement. This ambition is as relevant now as it was more than 60 years ago when VISSF was formed." The due diligence process is ...

Retirement income framework on track: Frydenberg

KARREN VERGARA  |  FRIDAY, 26 FEB 2021
... and tools to navigate the complex superannuation, aged care, Age Pension and taxation systems to have a comfortable retirement. Treasury veteran and economic consultant Mike Callaghan said improving retirement income depends on how the industry communicates ...

Household capital a retirement solution: Research

ANNABELLE DICKSON  |  MONDAY, 14 DEC 2020
... The potential fourth pillar of retirement income, accessing household capital, could be the solution to a comfortable retirement, new research shows. The latest research from Heartland Seniors Finance conducted by RMIT University found 90% of senior ...

Land tax favourable over stamp duty: Survey

ELIZA BAVIN  |  MONDAY, 30 NOV 2020
... are given preferential treatment in retirement, and those who own their home are likely to have a come comfortable retirement.

Home ownership shouldn't be at expense of super

ELIZA BAVIN  |  FRIDAY, 27 NOV 2020
... Income Review Analysed, Cooper said that while home ownership is undoubtedly an important element in a comfortable retirement it should not be an issue for the superannuation system. "There is an old saying that there is no public policy problem for ...

Retirement costs keep rising: ASFA

ELIZA BAVIN  |  MONDAY, 23 NOV 2020
... Retirement Standard September quarter 2020 figures which indicate that couples aged around 65 living a comfortable retirement need to spend $62,083 per year and singles $43,901. This marks an increase of 0.3% for couples and by 0.5% for singles on the ...

Retirement income failing Aboriginal, Torres Strait Islander people

ELIZABETH MCARTHUR  |  FRIDAY, 20 NOV 2020
... retirement, this is also impacting the ability of Aboriginal and Torres Strait Islander people to enjoy a comfortable retirement. First Nations Foundation also noted in its submission to the Retirement Income Review that some Aboriginal and Torres Strait ...