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34 Vanguard | How Australia RetiresReport
3 4 V anguar d | R e tir emen t A t titudes
James
24 years old
Perth, Western Australia
James started his career at a consulting firm after finishing a commerce
degree. Desiring something a little different, James has worked for the
past 2 years in the fintech industry. He is interested in travelling and
working flexibly from overseas, and is confident in his earning potential
and ability to fund a comfortable lifestyle in retirement.
Family Financial Future and Retirement Where does James see himself in...
• Single 3 words that best describe his 5 years’ time...
financial future and retirement • Maintain the pace of
Financial Situation progression in my career
1. Secure: because I am confident as it is now
• Household income of in my money management and
$85,000-$130,000 earning potential • Increase my earnings
• Renting 2. Open: by open I mean I will • Travel the world and work
have options and the ability to overseas (a job with flex)
Confidence Level Financial choose a lifestyle and activities
Products that interest me In 10 years’ time…
• Shares: Very 3. Stress-free: I’m confident that • Hard to say but definitely have
my career will be a success so enough to secure property
• Bonds: Moderately my super and savings at the
• Exchange traded funds moment is ‘set and forget’ –
(ETFs): Moderately no stress!
• Managed funds/Investments: Superannuation
Moderately
He stronly agrees with the
• Savings/deposit account: following - “I know how much I
Extremely need in my superannuation to have
• Superannuation: Very a comfortable retirement.”
James feels very confident that he
will be able to fund the lifestyle he
wants in retirement.
