ASIC Commissioner's warning: Why your superannuation calculator is lying to you about retirement

 ASIC Commissioner Alan Kirkland is the top cop for consumers in the investment markets  - and he wants you to know that those superannuation calculators that suggest you need very large amounts of money to retire can be unreliable.

ASIC Commissioner Alan Kirkland is the top cop for consumers in the investment markets - and he wants you to know that those superannuation calculators that suggest you need very large amounts of money to retire can be unreliable.In Kirkland's view, those calculations often tend to be too high.Sure, aspire to having as much as you can in super -  but don't believe all you read... especially if it's compiled by someone who gets paid for getting your money on the books.

ASIC Commissioner Alan Kirkland joins Associate Editor - Wealth, James Kirby in this episode.

In today's show, we cover:
What you need to know about superannuation calculators 
The First Guardian Super Fiasco - can we stop it happening again?
A fresh warning on the private credit boom
Moneysmart updates its offering 

ASIC Commissioner Alan Kirkland is the top cop for consumers in the investment markets - and he wants you to know that those superannuation calculators that suggest you need very large amounts of money to retire can be unreliable.In Kirkland's view, those calculations often tend to be too high.Sure, aspire to having as much as you can in super -&nbsp; but don't believe all you read... especially if it's compiled by someone who gets paid for getting your money on the books.
ASIC Commissioner Alan Kirkland joins Associate Editor - Wealth, James Kirby in this episode.
In today's show, we cover:
<ul>
<li>What you need to know about superannuation calculators&nbsp;</li>
<li>The First Guardian Super Fiasco - can we stop it happening again?</li>
<li>A fresh warning on the private credit boom</li>
<li>Moneysmart updates its offering&nbsp;</li>
</ul>

Every week, The Australian's James Kirby delivers two power-packed episodes featuring in-depth analysis of property markets and smart money-making strategies.

Unlock your wealth potential with The Money Puzzle.

Featuring two power-packed episodes each week packed with smart money-making strategies, from superannuation to investing in shares, plus in-depth analysis of property markets.

Get tips from leading experts and practical tools to help build lasting wealth.

Submit your questions at themoneypuzzle@theaustralian.com.au. 

Unlock your wealth potential with The Money Puzzle.
Featuring two power-packed episodes each week packed with smart money-making strategies, from superannuation to investing in shares, plus in-depth analysis of property markets.
Get tips from leading experts and practical tools to help build lasting wealth.
Submit your questions at <a href="mailto:themoneypuzzle@theaustralian.com.au">themoneypuzzle@theaustralian.com.au</a>.&nbsp;

The Australian’s Money Puzzle covers all important finance and property topics.

The Money Puzzle

Unlock your wealth potential with The Money Puzzle.

Featuring two power-packed episodes each week packed with smart money-making strategies, from superannuation to investing in shares, plus in-depth analysis of property markets.

Get tips from leading experts and practical tools to help build lasting wealth.

Submit your questions at themoneypuzzle@theaustralian.com.au.

Unlock your wealth potential with The Money Puzzle.
Featuring two power-packed episodes each week packed with smart money-making strategies, from superannuation to investing in shares, plus in-depth analysis of property markets.
Get tips from leading experts and practical tools to help build lasting wealth.
Submit your questions at themoneypuzzle@theaustralian.com.au.

Do I really need that much? The problem with superannuation calculators 

https://api.omny.fm/orgs/2fb3740d-3436-44af-8cc0-a91900716aa5/clips/44c26cc9-54f4-42b4-a6c5-b3a2006403e1/transcript

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