One of the best things about employment in Australia is superannuation. Under current laws, employers must pay 9.5% of your salary into an approved fund that is set aside for your retirement.
But with the age at which you can get the pension rising from 65 to 67 over the next few years, many people having larger mortgages than ever before, and life expectancy increasing, the amount of money needed to live comfortably after leaving the full-time workforce is a challenging question. So how much money do you actually need at retirement?
When you join a new job, there’s a lot you need to learn beyond the official orientation. You need to figure out your unspoken responsibilities, the relationships between people and departments, and a little of the office gossip. If your workplace uses the chat app Slack, you can pick up a lot of that info by searching the archives. You don’t have time to read everything everyone wrote, so here’s how to find the most important (and juicy) stuff.