116: Is $1 million enough for retirement? With AMP's Ben Hillier
Description
This week we're chatting to Ben Hillier, the head of retirement at AMP, about, well, you guessed it... retirement. And more importantly, how much you need for retirement. It's the million dollar question, and it all relates back to the rather unsavoury question - how long are you going to live? We also discussed the $3m super tax, if the super guarantee of 12% is a bit too far and hampers wages growth, super returns, and AMP's interesting new product.
Plus we speak to Alexi Falson, resident motoring journalist, about the latest in the government's emissions standard. We discussed what the exact penalties are for manufacturers who miss their targets, how it could distort the market, the benefits and drawbacks, as well as if it could lead to price rises for Aussie car buyers.
And all the latest news and savings tips of course.
01:35 - Savings tips: RACV/Q membership discounts & op shop greeting cards
04:10 - Inflation tracking nicely
07:17 - Out of cycle rate cut for Up Home Loans
11:22 - Macquarie cuts fixed rates/NAB changes uni debt rules
15:27 - Alexi's chat on the NVES
29:34 - Retirement and super chat with Ben Hillier
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