Retirement

A Pleasant Surprise!

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You know that delicious moment when you (re)discover $20 bucks you stuffed in a pocket last winter, or when you pull out an old birthday card and the cash is still inside? Yeah, that’s right baby. After moving from a paid advisor for my retirement savings to a less expensive fund, I diligently changed all my […]

Guest Post

A Practical View on the 4% Rule: Guest Post from John Ryan

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I’m delighted to share the following guest post from John Ryan, of MoneyTime, where John blogs about finance related topics, ranging from investment to real estate to frugal living and financial independence. In the February 1998 issue of the Journal of the American Association of Individual Investors an article called “Retirement Spending: Choosing a Sustainable Withdrawal Rate,” by Philip […]

Retirement

Superannuation Nest Egg Update: Peroformance review 2015

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I’ve talked a little about my retirement savings (“Superannuation” or “Super”) in August and noted that I’d be tracking performance regularly. The main reason for the analysis (reporting) is to ensure I’m getting adequate performance for the fees I’m paying. As I outlined in the article from August, we have three basic options for Super in Australia […]

Retirement

Superannuation Nest Egg

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  Like many countries, Australia has a compulsory savings system in an attempt to ensure individuals have adequate retirement savings to provide income when they’re no longer working. It’s called Superannuation or ‘Super’ for short; currently a minimum of 9.5% of our pre-tax salary is directly contributed to Super. Individuals can voluntarily contribute more of […]

Retirement

Making the Most of Superannuation on a Lower Income

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As a graduate student I’ve spent most of my adult life (the last 11 years) working casual or part-time, with only 12 months in paid full time work between degrees in 2008. This has meant a lower income for me, between $6,000 p.a. as a teenager and approx. $40,000 p.a. now (and I’m still studying […]