Most Australians Don't Have Enough to Retire On
Early last year the Investment and Financial Services Association released figures that showed Australians do not have enough in superannuation savings to live comfortably in retirement.
They cited the "savings gap" (the difference between savings and the amount needed in retirement) had actually grown by 50% in just 4 years... and those figures were based on pre-GFC stats!
Super Funds Going Backwards
Since then, many of us have seen our super funds decimated. In fact, the median annual return for a growth super fund over the 5-year period to 30 September 2011, is a measly 0.8% per year. That's not even keeping pace with inflation - so effectively many people are seeing their super money going backwards.
Have you checked your Superannuation Balance lately?
Will you have enough to retire on? And what if it continues going backwards?
Are you at risk of being one of the rapidly growing numbers of Australians forced to work years longer than they'd planned, simply because there's not enough money to retire?
Time to take back control of your Super?
The good news is more and more people are taking back control of their super funds and, with the help of new government laws, many are blitzing the performance of the big fund managers by purchasing property with their super money (and sleeping easier at night).
Future looks bright: We added 2 properties for $1...
and so did my parents and brother
"It's been a big year, our first baby arrived, my wife finished work, I changed jobs, we added a property in our Self Managed Super Fund, plus we added another investment property using just $1. Best of all, our total holding costs are just $29/week."
Dean Maunder, QLD
We now sleep peacefully at night knowing
we can enjoy an earlier retirement
"After many years of wondering how to increase wealth without big risks, we now sleep peacefully at night thanks to Phil, his Lunch Money Model and the professionalism. Of his team Our first investment property is occupied and we look forward to increasing our portfolio to secure an earlier and enjoyable retirement."
John & Linda MeehanTo see Phil Anderson LIVE at his half-day Lunch Money Property Millionaire educational events,
click here for details
