Money Magazine Australia

A shifting sweet spot

-

Constant changes to people’s super are making retirement planning impossible or at least stressful for many. So this year the sweet spot may be $275,000, but what if next year it becomes $350,000 or $500,000?

Average people who have been working and saving for 30-plus years aren’t able to make rapid correction­s to their long-term super in these sorts of time frames. Again the middle income workers are getting screwed.

Basil, email

Newspapers in English

Newspapers from Australia