How safe are your savings? Time to review your investment mix? The saying goes that something is ‘as safe as a Swiss Bank’ But the recent forced bailout of Credit Suisse suggests this is a fallacy. Coming hard on the heels of three other major US bank...
How long will you live… … knowing is the best guide to your retirement spending The one piece of advice missing from your birth certificate is the expiry date. Yet this would be the single most helpful number for all retirees. If only we knew this date, we’d...
Rental housing crisis: Swipe right for income A recent suggestion by NSW Premier Dominic Perrottet has sparked debate about Age Pension income and how Centrelink treats rental income. Speaking at the Sydney Summit conference in early February, the Premier...
Higher super caps in July: But beware the detail It’s worth remembering that the Consumer Price Index (CPI) is relevant to all retirees, not just those receiving an Age Pension. Increases in the CPI can also trigger major changes in superannuation rules for...
Deborah Ralston wears a lot of different hats. She also has a string of titles; Chair Household Capital Advisory Board, member of Board of Guardians for the Future Fund, Professorial Fellow at Monash University. And luckily for Retirement Essentials, a...
These three wise men seem to say so … There are many ways to make money. And just as many to lose it. Today’s subject is about a way to make and earn significant sums, sometimes without realising how quickly this can happen. We’re talking about...
Income boosts from home equity The family home remains the single greatest source of wealth for most retirees – that fortunate 80% who live in their own dwelling. Superannuation is a more easily accessible form of wealth, but the money locked up in our homes...
Retirement Pulse reports most think they are worse off financially than 12 months ago The Retirement Essentials’ November 2022 Retirement Pulse posed the question: Do you agree or disagree with this statement: ‘I feel better off financially that I did 12...
Three things you can do FOMO and FONK are well documented. Fear of Missing Out and Fear of Not Knowing can guide human behaviour in dramatic ways. But beyond the more superficial social media application, these sentiments are very relevant for retirees. The...