AFR: Why Gen X needs to think about retirement right now

As we have reached the end of another financial year, we wanted to send a reminder about income distributions.

Last night’s Federal Budget has created debate and discussion and much has been published regarding this budget which contains significant changes.

• Global markets declined over the March quarter, with a positive start to the year reversing as conditions weakened through March.
• Australian shares were volatile over the quarter, ultimately finishing lower.
• International share markets declined across most regions over the quarter.
• Fixed interest markets were relatively resilient over the quarter.