OUR PRESIDENT’S (Alec Waugh) VIEW
How much is enough? An Australian group “Association of Superannuation funds” said a comfortable retirement for Australians, was $A56.296 for a couple, and A$41,090 for a single person. Tom Thompson writing in World Investor a New Zealand publication, said a common rule of thumb is retirees need enough to replace 70% of their pre-tax, pre-retirement income. Continue reading How Much Retirement income is Enough?