How many of us will have a million dollars in assets to retire comfortably?
The Association of Superannuation Funds of Australia (ASFA) in their recent publication, The Future of Retirement Income, 2015 March edition, believe, among other things that Longevity risk means that without‘additional protection’ individuals may outlive their savings. The ASFA also recommended that including growth assets in a retirement portfolio, “like equities and property should result in a retiree’s lump sum lasting longer.”
Most Australians dream of having a great retirement and simply put faith in and rely on their Employers Contributions to help them in retirement. Unfortunately, it’s only... Read More