The majority of Australians have their retirement savings in a superannuation investment option dubbed “balanced”.
Typically, 60 per cent of the money will be invested in growth assets, such as shares, while the other 40 per cent is given over to defensive assets such as bonds, which may account for 30 per cent of the portfolio, along with other defensive assets such as infrastructure investments.
Loading...
Michelle Bowes writes about wealth from our Sydney newsroom. She has more than 20 years of experience as a business journalist and is the author of Money Queens: Rule your Money, an award-winning personal finance book for teenage girls. Email Michelle at michelle.bowes@afr.com
