Retirement trap hurting saving Aussies
Australians are being warned that they will need half a million dollars to escape the “retirement trap” of a reduced pension due to assets meeting certain thresholds, according to an industry expert.
According to BetaShares, retirees who lift their savings to between $350,000- $600,000 may ironically see their income diminish.
Read more at SMSF Adviser.
