After having a good look at the finances of many Australians he has come to the conclusion that most Australians are financially worse off at retirement. 67% of Australians who retire at 65 years old earn less than $ 30,000 a year. Only 4% of Australians earn more than $ 30,000 a year at retirement. What happened to all the money they earned during their lifetime ? It has gone to pursue the ultimate Australian dream of buying a house.
This book should be read by anybody who wants to buy a house. It is a small but powerful book to give a prospective house buyer to think again.
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