“Investing surplus cash into superannuation, borrowing to invest and paying off the family home are the top strategies from advisers on how to hit the magic $1 million savings target for retirement.”
In a recent AFR article, Claire Mackay was asked to contribute her views on how you can best position yourself to save $1 million to fund your retirement.
From the Australian Financial Review article:
“Claire Mackay, a financial planner and accountant with Quantum Financial, recommends topping up super with regular salary-sacrifice and personal contributions for any free cash.”
You can read the full Australian Financial Review article here (behind paywall $) .