I AM A SONIC BOOMER, NOT A SENIOR... In this blog, I am writing to and for those who believe that the Boomers will change what the word Senior means. I also believe that Boomers will change what retirement means in our society. The blog is also for those who are interested in what life after retirement may look like for them. In this blog I highlight and write about issues that I believe to be important both for Seniors and working Boomers.
Thursday, November 28, 2013
Posts about women and retirement written by sarahn.
Sara is a 20-something professional engineer who lives in Sydney, Australia (which, from my travels, appears to be pretty darn expensive, but that’s largely due to high wages). Her blog is livetolist and is an interesting read, she wrote about retirement from a young woman's perspective and I thought it was interesting. The entire post is here but here is the opening paragraph.
I recently read an interesting article in the Sydney Morning Herald, about women and superannuation – our state mandated retirement policy. The law states that employers must contribute 9% of their employee’s salary into a superannuation fund, which cannot be touched until retirement. (Simply speaking of course – there are loopholes in every part of that previous sentence, but I’m trying to keep it simple!). With July 2013 clicking over, Australian’s will now get 9.25%, increasing slowly to 12% in 2019.