In this issue

Why you only need $275k in super to retire. The sweet spot - pension and super.

In Your Interest

The affordable housing "problem" is a measure of our economic success.

4 mins

Writer On The Rise

It’s a rarity for novelists to be paid much at all for their work.

6 mins

New Parents Wonder Where To Go Now

We are just wondering what our next best move would be at this stage.

3 mins

Why You Only Need $275K In Super To Retire - The Sweet Spot Pension + Super

Building up enough super for retirement may not be as daunting as it seems – you certainly don’t need the often quoted $1 million. In fact, retirees with modest savings can be better off than those with more than twice as much. The secret is to hit the “sweet spot”, where the return from your nest egg combines with the full age pension to fund a reasonable lifestyle. For a home-owning single the magic savings figure is $275,000 and for a couple it’s $400,000. We consulted the experts to show how it can be done.

8 mins

At The Top Of Their Game

Competition is strong in the banking business, so the winners in our annual survey have to be especially innovative in providing a diverse range of products and services

1 min

Bank Of The Year - Bankwest

An ‘outsider’ has been rewarded for providing great value across a wide range of products

2 mins

Non- Bank Home Lender Of The Year - Freedom Lend

An online business passes on the cost savings to its customers through exceptionally low interest rates

2 mins

Money Minder Of The Year - Ing Direct

It’s tough getting a decent return these days but this all-rounder stands out from the pack

2 mins

Credit Card Issuer Of The Year - Coles

Low rate, extra interest-free days and shopper rewards are among the benefits

2 mins

Insurer Of The Year - Budget Direct

The premiums are consistently low but the policies still cover all the bases

2 mins

Read all stories from Money Magazine Australia

Money Magazine Australia Description:

Money Magazine Australia is a monthly magazine that provides personal finance advice to Australian readers. It is published by Are Media and has been in circulation since 1997. The magazine covers a wide range of financial topics, including budgeting, investing, retirement planning, debt management, and insurance.

Money Magazine Australia is written by experienced financial journalists and experts, and it provides comprehensive and up-to-date information on its chosen topics. The magazine is easy to understand and navigate, and it is available in both print and digital formats. Money Magazine Australia also offers a variety of resources, such as calculators, quizzes, and articles.

If you are looking for a reliable and informative financial magazine, then Money Magazine Australia is a good choice. So what are you waiting for? Subscribe to Money Magazine Australia today!