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  1. K

    1 In 5 Australians: What Super is left by the age of 70?

    Notice the date? It is two years this month since I started this thread. No, it was not a thread about superannuation funds, or SMSF, or anything like that It was a thread about planning for our own financial independence, or for at least a little financial margin above the bare bones...
  2. K

    1 In 5 Australians: What Super is left by the age of 70?

    Hey pully I don't think so. Your employer pays 9% on the gross amount of your wages or salary This is so for any employer provided that you earn the threshold amount each month from that employer eg if you earn $3,500 per month from Employer A and $350 per month from Employer B then...
  3. K

    1 In 5 Australians: What Super is left by the age of 70?

    Yes - very simply: If I retire at 65 and can expect to live until 84, that's 19 years where my income cannot fall below the $689 PER FORTNIGHT age pension. At least I am guaranteed of this, far better than most countires in the world but not exactly living much above the 'living with...
  4. K

    1 In 5 Australians: What Super is left by the age of 70?

    1 in 5 Australians at age 70 G’Day Have you noticed the new Westpac advertisements/ That by the age of 70, only 1 in 5 Australians will have any superannuation left? http://www.theaustralian.com.au/media/westpac-campaign-targets-women/story-e6frg996-1226163181944 The Westpac...
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