Will Your Super Be Enough To Fund Your Retirement?
How are you planning to fund your retirement?
It’s not going to be anything spectacular if you’re relying solely on the pension or base Super
The Great Australian Dream was always to work hard, buy your own home, and then one day retire and live well. Today, the pension sits at:
$413.10 per week if you are single or;
$622.80 per week if you are a couple.
But then, there’s Super, supposedly the golden egg!
With the average superannuation balances at age of 64 being approximately $270,710 for men and $157,050 for women. This would give men a weekly income of $630 and women $488 based on life expectancy of 82 and 85 years respectively. That golden egg isn’t looking quite so golden.
So what do you do? Start thinking, start planning.
At our upcoming property investing workshop, we will teach you how to think outside the box to create your very own Plan B: It could cost you as little as $100 per week to build a retirement nest egg that will be a great supplement to your Super.