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.
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) "