On Tuesday 22 November 2011, the Responsible Entity of the DPF mailed investors a Supplemental Disclosure Document regarding the unit redemption opportunity.
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10 most undebted nations
There are many different ways to measure debt as a factor in a nation's economic health. In fact, there are so many that we can sometimes lose the meaning of any one measure. In this article, we'll look at two different measures of debt and how they change the landscape of the most indebted nations.
According to the ASFA Retirement Standard a couple looking to achieve a ‘comfortable' retirement will need around $54,562 a year to fund it, while a more modest lifestyle will cost about $31,263 a year. For singles, a comfortable lifestyle will cost approximately $39,852 and $21,587 each year for a more modest lifestyle.
The table below summarises the weekly costs for housing, energy, food, clothing and so forth and then provides a yearly figure. As is probably true for most Australians, the biggest costs tend to be transport (or maintaining a car), food and then leisure. A more detailed table that runs over individual costs for such things as memberships, dinners out, computer and telecommunication costs can be downloaded here. You could use this more detailed form to more accurately estimate your own costs in retirement.
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