[Smart Investing] The road to retirement; ETFs: Why costs really matter; A matter of interpretation
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03 October 2012
The road to retirement
Retirement is more a two-phase journey than a specific destination. The first phase is the accumulation of savings both within and outside superannuation to fund your retirement lifestyle. The second phase is the draw-down period where you start to spend the savings after the regular pay packet has stopped arriving in the bank account every fortnight.
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Indexing reaches all time high
Melanie Timbrell, 24 September 2012 June 2012 saw the figure for indexed FUM climb to $238 billion - the highest ever level in Australia, according to Rainmaker's latest manager survey, with market penetration likewise hitting a record 16.6%.
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