Can you answer these two questions?




 We have just read this from the association of super funds of Australia & we share it with you.

Table 1 below sets out the ASFA Retirement Standard figures for the September quarter, 2014. They reflect the review undertaken in 2009 and price changes since then. The budgets will continue to be updated on a quarterly basis after the release of each quarter’s CPI figures.

Table 1: Budgets for various households and living standards, 70 year olds (September quarter, 2014)

Modest lifestyle– single
Modest lifestyle– couple
   Comfortable   lifestyle – single
Comfortable lifestyle – couple
Housing – ongoing only
$68.30
$65.56
$79.16
$91.77
Energy
$41.07
$54.55
$41.68
$56.53
Food
$77.05
$159.61
$110.07
$198.13
Clothing
$17.67
$28.68
$38.25
$57.37
Household goods and services
$26.57
$36.03
$74.75
$87.57
Health
$40.64
$78.43
$80.63
$142.30
Transport
$96.05
$98.78
$143.14
$145.86
Leisure
$73.78
$109.93
$223.60
$306.41
Communications
$9.33
$16.33
$25.64
$32.64
Total per week
$450.48
$647.91
$816.92
$1,118.58
Total per year
$23,489
$33,784
$42,597
$58,326









As the government is not going to provide you with your comfortable 58,326 p.a then you have a financial gap. 

1 1.   How do you intend to fill that gap so that you maintain your lifestyle?

Can you  or do you want to continue to work to do so?

22. Do you really want to spend 7,399.60p.a.  on your future health when you could have more fun spending it elsewhere?
How much is that over 20 years?

We do have  possible solutions to your problems if you are prepared to listen & lunch here as others do all the time.

John McAuliffe 

 07 3848 1088

0 comments:

Post a Comment