Pope Benedict will receive the a papal pension of €2,500-a-month. The pension is 50 per cent less than that awarded to a retired cardinal. The pope’s pension is almost identical to the maximum Social Security benefit a U.S. retiree could earn if they retired this year. To receive a check that size in the USA, a retiree Read more
According to the recently released Roy Morgan Report, State of the Nation Report 4 – ‘Spotlight on New Zealanders Aged 55+’ – the net wealth of the 55+ has risen 179.5% since 2002, despite New Zealand’s total net wealth only rising 130.2% over the same period. This group now has over 50% of the nation’s net wealth, despite Read more