Run your own retirement race
When I read an article recently by journalist Karren Vergara (on Moneymag.com.au) on her super balance of $154,000, it got me thinking. With just over 25 years to retirement, she can’t possibly reach the $1 million mark that so many of us are convinced we’ll need in our super before we can retire.
But perhaps she doesn’t need to. According to AMP, the average super balance for men aged 40-44 is $134,992 and for women it’s
