by James Coyle | Nov 30, 2023 | Retirement Advice
Most retirees own their own homes. A growing number (13%) of those aged 67 and over still have a mortgage. But of those approaching retirement, aged 55-64, a staggering 54% are still paying off a home loan. In early August we discussed the option of downsizing to a...
by James Coyle | Nov 24, 2023 | Retirement Advice
One popular misconception about retirement is that it is a choice that we can all make when we feel like having more spare time. This is not what always happens, however, with most recent ABS statistics on Retirement and Retirement Intentions (2023) revealing that not...
by James Coyle | Nov 8, 2023 | Retirement Advice
The team at Retirement Essentials is always interested in how our members seek advice on money matters. And which type of advice works best for you. Last week we were contacted by Roger, and with his permission (and a change of names), we’re sharing some of the detail...
by James Coyle | Nov 3, 2023 | Retirement Advice
The race that stops a nation takes off at 3pm on the first Tuesday of November. There’s thrills, spills, fancy headgear and this year gentlemen may even wear shorts! By 3.15 pm we’ll all know the winner and the bookies will be even richer. Most of us love being in a...
by James Coyle | Oct 26, 2023 | Retirement Advice, Superannuation
The most commonly asked questions in retirement income are ‘Will my money last as long as I do?’ And ‘Am I in danger of running out?’ The problem is, there is no really useful way to respond. The correct answers to these two questions are ‘probably, and probably...
by James Coyle | Oct 19, 2023 | Retirement Advice
Max and Sarah are now typical of more than 50% of Australians their age – those between 55 and 64. That’s because they are carrying a hefty debt into their retirement. And they’re starting to feel concerned about the affect this will have on their ability to enjoy the...
