Why $100k is no longer enough
ONCE upon a time, a six-figure income was considered the mark of a well-to-do Australian.
Today, what was once a milestone of the aspirational class has become the bare minimum for those who want to achieve the essentials of the Australian dream: home ownership, a good school for the kids and the occasional overseas trip. Not to mention topping up your superannuation to ensure you’ll have at least $1 million to retire on.
Multi-millionaire property mogul Tim Gurner has set chins wagging this week with his comments that young people need to “get realistic” about their expectations and cut down on coffee, smashed…