Income boosts from home equity The family home remains the single greatest source of wealth for most retirees – that fortunate 80% who live in their own dwelling. Superannuation is a more easily accessible form of wealth, but the money locked up in our homes...
Retirement Pulse reports most think they are worse off financially than 12 months ago The Retirement Essentials’ November 2022 Retirement Pulse posed the question: Do you agree or disagree with this statement: ‘I feel better off financially that I did 12...
Three things you can do FOMO and FONK are well documented. Fear of Missing Out and Fear of Not Knowing can guide human behaviour in dramatic ways. But beyond the more superficial social media application, these sentiments are very relevant for retirees. The...
What are the pros and cons? Our co-founder, Jeremy Duffield, knows a thing or two or three about retirement income. He’s also a ‘back of the envelope’ kind of guy, so is able to share his knowledge in short points and plain English. Which is a huge bonus...
Ben seeks help For Ben, lack of financial control meant a pervasive sense of fear. A worry that he’d somehow let down his partner, Roslyn, along the way. He shared these concerns in the recent Retirement Pulse (October 2022) survey. And he was far from...
Budget 2022 fine print: Big wins for homeowners Money gained from the sale of your home has some lucrative superannuation concessions attached. But these so-called ‘downsizer’ rules previously only applied to those aged 65 or over. This changed on 1 July...
How you surprised us There’s an old saying used by politicians and their pollsters, ‘Never ask a question to which you don’t already know the answer’. Not only is that sentiment cynical, it’s also stupid. How will we ever learn if we let our egos get in the...
Five ways to stretch your money: Quick checks for better results Australians are living longer than ever, even after taking the Covid pandemic into account. This is great news for all, but it also leads to the obvious corollary – how to fund a longer life in...
Global pension rankings: How good is Australia? How does Australia’s retirement income system rank globally? It’s easy to lose sight of this wider context if you are struggling to live on your current income while concerned about rising prices and nervy...