DO NOT count on superannuation to provide the life of Riley when you retire.
Despite the sharemarket recovery last year, the average balanced super fund has
returned only 5.51 per cent a year in the past decade, or about 2.2 per cent
above inflation. This is below their target of 3 to 3.5
FORGET early retirement. Your country needs you to work longer, and frankly
your finances do too. As they move closer to retirement, it is becoming
increasingly clear that baby boomers - and many others in their 40s - have
little chance of reaching their 60s with enough money to fund
