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Approved BB submission
Developing a residual income is necessary to maintain an adequate lifestyle in retirement.  In Australia the current CPI is around 5% per annum but the aged pension is indexed at 2.5% meaning that about 2.5% of the pension rate has to be found to maintain spending parity.  This BB shows our residual income from Superannuation. Employers contribute to a residual income in retirement called superannuation. To ensure that I can document my PEP journey and update information as I learn more, I have created a journal.  The journal entry for this BB is shown below.
For your consideration.
2-Commerce-Sand-Journal-Residual-Income.jpg
BB Journal Residual Income
BB Journal Residual Income
2-Commerce-Sand-Payment-Summary-Residual-Income.jpg
Proof of Residual Income for Last Financial Year
Proof of Residual Income for Last Financial Year
Staff note (gir bot) :

Someone flagged this submission as an edge case BB.
BBV price: 0
Note: This seems to be something you bought or invested in?  If so, it isn't a fit due to the requirement "    - Not something you bought your way into (investment, dividend, CD, etc) "

Staff note (gir bot) :

Someone approved this submission.
Note: This submission has been edited to be different from the original submission.  Now it is closer to a "pension".

 
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