Saturday, June 15, 2019
Outliving your superannuation - Hustler Daily Thumbs Up - June 14
Hello fellow Encore Hustlers
If my post from a couple of days ago "International retirement crisis is looming" was enough to motivate you to start an encore hustle then perhaps this Daily Mail article will.
According to a World Economic Forum report, Australians will outlive their superannuation savings by close to a decade. Similar numbers, ranging from 8 to 20 years, are projected for six of the major economies - Australia, Canada, China, India, Japan, the Netherlands, the UK and the US.
In 2015 the World Economic Forum estimated a retirement savings gap of $70 trillion for those six countries but they have now issued a report with an estimate of $400 trillion by 2035.
So what will be your encore hustle to keep the hungry wolves away from your door a decade from now?