A shift­ing sweet spot

Money Magazine Australia - - FROM THE EDITOR -

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

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