Keep the ball rolling
Money Magazine Australia|October 2020
Keep the ball rolling
This is an opportune time to confirm we’re on course to achieve financial freedom
Julia Newbould

Creating financial freedom by making the most of your money and setting yourself up for a comfortable retirement along the way is what Money magazine is all about.

As we go to print this month, the release of the federal government’s retirement income review is imminent. It might tackle the issue of whether Australia can afford to meet the legislated increases to the super guarantee (SG), from 9.5% to 10% on July 1, 2021 and reaching 12% by 2025. On page 8 of this issue, our experts share their thoughts about the proposed 2021 increase going ahead when the country is in the throes of a recession.

Of course, retirement income isn’t just about superannuation. Many of us would like to retire before the pension age (67) and super preservation age (60).

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October 2020