I was just listening to Ross Greenwood on 2GB.
A superanuation expert was saying that to retire on 62% of your current yearly salary, you would have to have Ten Times your salary in Super.
For example, if you are on 60K, you would need 600K in todays money, today, to survive into old age.
Most people run out of money at 75 years of age.
It's NOT the time to sell your UNS CDIs!!!!
dino :-/
retirement
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