There’s no such thing as a perfect job, marriage or retirement life. We can always aim for perfection, but most mature adults soon realise that a ‘good enough’ situation usually suits them just fine. When it comes to retirement, the ‘good enough’...
Retirement Advice Articles
How interest rates affect retirees
Saul Eslake explains The Reserve Bank meets on Tuesday 20 May. This is one of eight scheduled meetings each year. The decision the Monetary Policy Board takes may affect your retirement income. We spoke with respected independent financial commentator, Saul...
Sensible actions for retirees in volatile times
Retirement is a time for enjoying the fruits of years of hard work, but it also comes with a need for careful financial management. Volatile market conditions, whether due to economic uncertainty, geopolitical events, or market fluctuations, can leave...
Mixing lump sums with income: Balancing flexibility, timing and risk
Martin, 68, recently retired and is considering withdrawing a $70,000 lump sum from his superannuation to purchase a new car, embark on a long-awaited holiday, and keep some funds in reserve. However, with recent market fluctuations, he’s concerned about the...
Noel explains: Three common retirement trade-offs
It was a pleasure to catch up with Noel Whittaker last week and hear his take on the trade-offs many retirees face. But first, we touched on the current market volatility and what it means for those about to leave full-time work. His sense is that most older...
Retirement, real estate, and super
Theo’s property decision Theo retired in 2018 at age 67 and is now 73. Thanks to being in a super plan since he was 18, he has built a comfortable retirement nest egg of around $1 million for himself and his wife, Amy. Amy retired 20 years ago and receives...
How to keep calm and carry on when markets tumble
Last week Jeremy Duffield wrote about ways to understand and manage economic volatility. We received a lot of feedback on this article as it is a widespread concern for retirees. Jeremy’s stance is similar to that of most respected commentators; that it’s...
When markets are diving: How to navigate volatility
The recent declines in the Australian and global share markets, driven by the US tariff announcements, may be unsettling. Today’s article by Jeremy Duffield aims to provide context and encourage confidence in your retirement future. ...
Passing the baton: Retirement, legacy, and the Bank of Mum and Dad
Navigating the complexities of retirement planning and intergenerational wealth transfer is increasingly important for Australian families. As the ‘Bank of Mum and Dad’ (BoMaD) plays a more prominent role in assisting younger generations, understanding...