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Articles on Savings

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Retirement incomes will leave many short, especially single people. Image sourced from www.shutterstock.com

The majority of Australians are not saving enough for retirement

Only 53% of couples and 22% of single people are on track to achieve a comfortable level of retirement income, according to an in-depth study of the adequacy of retirement savings. The outcome of a collaboration…
The proportion of Australians ‘saving for a rainy day’ has gone up, but the proportion of those saving for an investment property has fallen, the survey found. Flickr/Alan Cleaver

More Australians saving but households still smarting from GFC

The proportion of Australians saving their pennies has risen since June, but householders still have not recovered completely from the global financial crisis that began in 2007, according to a new survey…

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