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Don't ditch growth at 50
Tuesday 4th of November 2014
A Mercer study has found that the average Australian retiree outlived their super savings by five years. In New Zealand, the situation is unlikely to be any better.
Financial Services Council chief executive Peter Neilson said official projections tended to underestimate longevity. In 1982, it was predicted that fewer than 580,000 people would be over 65 in 2021. Now, it’s predicted that...
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