Author Topic: Many Australians living payday to payday, out of touch with retirement needs  (Read 1797 times)

ElPresidente

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Interesting article this morning discussing how many Australians live payday to payday, but also seem to have no idea how rich they are compared to others, or how much they need for retirement.

I'm shocked! Well, not that shocked.

 http://mobile.abc.net.au/news/2016-02-15/many-australians-living-payday-to-payday/7167350



syednaeemul

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Beat me to posting it!

Here's another link: http://www.goldcoastbulletin.com.au/lifestyle/1-million-doesnt-make-you-rich-wealthy-aussies-feeling-the-pinch/news-story/80d009886a1a7d66f3a8d3ad275a8205

Quote: "Home ownership, private school fees, overseas travel, technological gadgets and dining out were all listed as “new lifestyle essentials” by the participants."

GrowingTheGreen

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News flash: it ain't just Aussies!

HappierAtHome

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I already posted it in my journal because it's so hilarious and sadly, accurate. My office is filled with people on dual six figure incomes talking about how they'll be stuck working until 70 because "life is so expensive these days" :-(