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Expectations for super balances declining

The amount of money Australians expect to hold in their super accounts upon retirement is falling, according to a survey, with Baby Boomers expecting to retire with only $309,077 on average.

Expectations for super balances declining
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  • Shared by SMSF Adviser
  • April 29, 2016
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According to the RaboDirect Financial Health Barometer, Baby Boomers in 2015 expected to retire with only $309,077, compared with 2014 when they expected their balance would be $452,310 upon retirement, and 2012 when they expected to retire with $514,798.

Read the full story at SMSF Adviser.

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