Q. I’d like to travel overseas for six months. Do I need to wait until Age Pension age? I’m only 61 and really want to head off now. That’s the question that Anishka posed a few weeks back. She’s single, 61 and has a strong desire to enjoy extended travel...
In a previous article we have analysed some of the different ways of setting retirement savings and spending targets. These main projections are published regularly by the Association of Super Funds Australia (ASFA), the Super Consumers Association (SCA) and...
Managing your retirement finances can be pretty daunting when you no longer have a regular salary to fall back on. There are so many questions and issues to think about including. Are you getting, and maximising, all your Centrelink entitlements? What...
What the numbers tell us ‘Life’s what happens while we’re busy making other plans’, said the inimitable John Lennon. Sadly and ironically this was the case for Lennon himself, gone way too soon at just 40. None of us can ever know what lies ahead. That’s...
Alison to the rescue Barry is a widower who works long hours as a paramedic. What he really wants is to have more time to play with his grandkids. Joan works for a large supermarket. Her husband has just been retrenched from a major tech company. She...
What’s your retirement age? And why does it matter? The 1 July increase in the Age Pension age – from 66.5 to 67 – has caused a lot of angst for many pre-retirees who feel they simply can’t keep working until that age. But once again, much of the commentary...
Are you retire fit? Handy five-point checklist Running enthusiasts take marathons seriously. They establish fitness and running routines months in advance, measure their progress to ensure they have all the necessities in place for the big day – and...
Planning to retire after 30 June? Here’s what you need to know now Moving from full time work to retirement is a huge step. There are many aspects to think about and many important decisions to make. Some are financial, many are emotional and others will...
What happens to retirement savings and income when inflation is high? Inflation is having a major impact on most Australian households, affecting both young and old. Last week the Reserve Bank again raised interest rates, to an 11-year high of 4.1 per cent....