AUSTRALIA - By making personal contributions of 3% of annual salary, Australians can lift their living standards in retirement by an average of 27% - but it will cost them a 4 to 6% drop in their pre-retirement standards.
The finding is one of many to come out of a report: Superannuation: the Right Balance? produced for CPA Australia by the National Centre for Social and Economic Modelling. The report also found ma...
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