More than $3.5 trillion dollars in inherited funds are expected to change hands within Australia during the next 20 years, with Australians enjoying one of the highest inheritance payout rates anywhere in the world.
For most Australians, the approach of retirement is something to look forward to. Yet it can also be a time that fills us with trepidation, after all, we’ve saved for it, worked towards it, but are we really prepared for it?
Changing your thinking around your finances, and learning how to make sure your money is working for you will reap great rewards. We’ve outlined a few ways you can create savings while paying off debt.