How can Funds support members who reach retirement without the balance they expected?
We’ve long been encouraged to think about our financial future: budgeting, and setting aside money for medium and long terms goals, as well as for our retirement.
Running out of money has always been considered the key risk of retirement. But there are three other risks that are equally significant and can undo our life in retirement.
Having enough money will always be a critical part of Retirement Planning. But there are other important issues which will determine how people enter retirement.
The retirement planning of yesterday was all about money. But retirement has changed and today’s retirees face a whole new raft of choices and issues.
Most of us look forward to retirement as a season of freedom, rest and recreation after many decades spent in the workforce. Yet once we retire, the reality can be quite different.
We all know someone who is a nomad of the new kind – off they go in their caravan or recreational vehicle for the trip of their lifetime, or one of seemingly many trips to different parts of regional, often remote, Australia.
The way that older Australians are thinking about retirement income is changing, according to new research by National Seniors Australia. Older retirees have traditionally relied on the Age Pension as the main component of their income for retirement.
We all know people who are perfectly organised and seem to be on top of everything. Maybe it’s a great husband and wife team whose house is immaculate and never seem to lose their keys. The reality is that very few of us are like that.
Are you planning to be rich? If you asked most people whether they wanted to be rich in retirement, almost everyone would say ‘yes’. But what does it mean to be rich?
When most people retire they are still living in the home where they raised their children, and have more space than they need for the next chapter of their lives. Downsizing would seem to be an obvious way of re-gearing life for retirement.