Money magazine Comments - Aussies need to start using the family home to fund retirement: report The family home is an untapped asset that can be used to fund retirement, urges the Retirement Income Review. https://www.moneymag.com.au/feed/latest?story=176616871 Sat, 28 Nov 2020 07:45:27 +1100 Sat, 28 Nov 2020 07:45:27 +1100 en-AU Copyright 2026 Money magazine 5 Money magazine Comments - Aussies need to start using the family home to fund retirement: report https://media.moneymag.com.au/prod/media/library/Money_Mag/Logo/Logo_401x133.png Comment by Peter Stewart ()

The Retirement Income Review sees 9.5% as sufficient to achieve an increased level of income in retirement, the Age Pension as a satisfactory for those needing support for cost of living ,and current levels of home ownership able to meet additional needs as required. But what is also apparent is the reducing level of home ownership.

Employees should be able to decide whether any increase in the SG could be allocated to either super or home ownership (helping to pay off any home loan commitment)

Reply to article

For original story, Click Here.

]]> Peter Stewart () Sat, 28 Nov 2020 07:45:27 +1100