How much super do I need to retire? Give me a number! Although a very common question, unfortunately there is no rule of thumb that can be applied. Annoying I know, but here is why. Quite simply, we are all different. (Don’t worry it gets better). Firstly, we contribute different amounts to super due to a difference in salaries and … [Read more...]
Do you understand what your super statement is saying to you?
According to new research by the Commonwealth Bank we all spend on average around 1.5 hours a day on social media, and only 30 minutes a week managing our money. And most of that time spent is actually checking our account balances – not exactly ‘managing our money’. But as we all know, there’s a little bit more to it than that. We can’t just … [Read more...]
5 ways to boost your superannuation balance as a stay at home mum
Ever since I went on maternity leave I’ve been thinking about the troublesome situation that is my super account balance. We all know (and are reminded often enough) that women will retire with a much lower account balance than our male counterparts. Sigh. With a new baby at home, thoughts on how to boost your superannuation balance are not front … [Read more...]
