Browsing: retirement savings

Australians are gearing up to turbocharge their retirement savings as the Superannuation Guarantee rises to 12%. This gradual increase is set to boost workers’ nest eggs, paving the way for a more secure and comfortable retirement

Treasury warns that taxing actual instead of unrealised superannuation gains could burden millions of Australians with steep costs, sparking a fierce debate over the fairness and financial consequences of the proposed tax reforms

Germany is exploring the idea of letting six-year-olds start saving for retirement, sparking a bold move to secure financial futures from the very beginning. This proposal highlights rising worries about whether pensions will be enough down the road