The sad fact about most retirement savings predictions is how woefully out of touch they are with reality. There’s a reason for this. Firstly the people offering these projections are generally not living in retirement. Most are still working, earning more...
Planning for Retirement Articles
The greatest fear in retirement
Running out of money - But does it really happen? They say the secret to a happy life is to only worry about the things within our control. This is an even more interesting concept when applied to funding your retirement. What can you control? And what is...
Your retirement experience – what you told us
When lack of confidence costs you money When it comes to retirement income, there is no better way to learn what retirees want and need than to ask them directly. And this is exactly what Retirement Essentials did in a recent survey designed to better...
Free flu shots
Whether you live in the sunny north or chilly south in our wide brown land, flu season is officially upon us, so it’s important to protect your health as rigorously as possible. With so much attention given to the Covid-19 epidemic, it’s easy to overlook the...
Election 2022: What’s in it for older Australians?
As we head into the final week of the Federal Election campaign, many voters by now will be totally ‘over’ the promises, the rhetoric and the shouty debates. Yet many older Australians are also keenly interested in understanding the policy detail that...
What is longevity risk?
And why is it critical to know how long you will live? Back in 1908 when the Age Pension was first introduced in the Australian Federal Parliament there were two striking features. It was for men only. And the life expectancy of men who would receive this...
Transitioning to retirement?
Is using a TTR the best of both worlds? The days of an abrupt end to full time work, suddenly facing seven days a week of leisure are becoming a thing of the past for many older Australians. Yes, there are unforeseen life events like sickness or retrenchment...
Retirement Income and Spending – how long will your money last?
The recent significant changes to Age Pension rules and rates have firmly renewed the focus on retirement income affordability. But in the push to fully understand every aspect of retirement incomings, we run the risk of missing the other half of the...
Women and money – Is it ever too late to catch up?
On International Women’s Day last week, a flood of statistics about gender inequities were shared. It’s fair to say that overall the financial situation for women is slowly improving. But it’s also true that most indicators are coming off such a low base,...