It is hard to define financial success in literal terms. The meaning of success differs from goal to goal and person to person. Everyone has their own definition and own way to achieve monetary success. You will come across various …
Ever think about the way your younger self managed money, and cringe just a little bit? The things you wasted your money on, the missed opportunities – it’s easy to look back and wish you’d done things a little differently. …
Did you know that, in the most recent year on record, the average Aussie man had $98,535 in his super account, but the average woman had just $54,916?[i] That’s right – women have just under 56% of what men have …
The government is still in the process of trying to work out an official objective for the superannuation system. Their preferred definition is "to provide income in retirement to substitute or supplement the age pension.”[1] They’re looking to make an …
When clients come to Money101 to discuss a potential financial education program, they’re often looking for a solution to a relatively short-term problem. For example, a super fund with a statistically average customer lifetime (under 10 years) might be looking …
The Aussie branch of international consulting firm Mercer recently released new Retirement Readiness Index stats for 2016[i]. This index takes data from all the super funds that Mercer works with through its Retirement Readiness Index platform, to give an overview …
A recent report * revealed that around 690,000 working Australians aren’t getting the super they’re entitled to. That’s 7% of the workforce. And this number is expected to rise – between 2013 and 2023, around 4.4 billion dollars of super …
We wax lyrical about superannuation being a ‘long-term’ investment, but are we barking up the wrong tree? Is the nature of superannuation and our description of it the very thing that’s preventing most of us from taking an interest early …
One of the greatest fears of many of us is that we won’t have enough money for a comfortable retirement. But far from money running out in retirement, research from the CSIRO has suggested that the majority of retirees are …
According to Industry Super Australia, nearly half of retiring Australians won’t have enough superannuation to live comfortably.
