There are about 3.9m retirees in Australia today so it’s not surprising that their reasons for retiring are many and varied. Some retire through choice and others find they have retirement forced upon them. We hear lots of reasons when we are helping our...
We recently asked you to tell us more about the sort of help and advice you would like to receive. Well this is what you told us. How much will I need? Nearly 39% of people ranked “How much will I need” highest among the financial issues on their mind....
Improving your income in retirement is a bit like renovating a home. You may have a home already but it's not everything you want it to be. So you start work to build something better. Just like with a renovation there will be a number of steps to go...
By Dr Deborah Ralston* The 2020 Retirement Income Review examined the three pillars of the Australian retirement system - the age pension, compulsory superannuation and voluntary savings – and concluded that: The home is the most important component of...
The recent Retirement Income Review* examined all aspects of Australia’s retirement system and concluded that it provides well for the needs of the vast majority older Australians, but it is complex and not well understood. In particular, there is a real...
One of the things I like about Noel Whittaker’s latest book, Retirement Made Simple, is his description of retirement as a journey. “I think journey is the perfect word,” he says, “because it has the connotations of a desired destination and all...
Three weeks ago we asked our readers “What advice would you give to others nearing or in retirement?”. Thank you all so much for your contributions. We will share some with you today and over the forthcoming weeks. Have a plan to keep active and...
“Start with the facts.” That was the motto of the government’s recently released review of the Australian retirement system. Don’t come up with policy recommendations; just give us the fact base to think about. A lot of the news media...
The inventor of weather forecasting, Admiral Robert FitzRoy, was motivated by the desire to stop shipwrecks off the coast of Britain. He established the first weather bureau in 1854….but was mocked for his forecasts and eventually took his own life in...