Or is it? Despite the impacts of Covid, life expectancy for Australian men and women continues to increase. But many retirees can feel conflicted when they hear about increased longevity. This is prompted by the worry that their money will run out. Whilst...
Price hike on fuel about to occur Most car owners are bracing themselves for a price hike in fuel on September 29. After this time, it is expected that the average price for unleaded fuel will begin to rise above the $2.00 mark for the first time since July....
What could possibly go wrong? Lump sums can come and go in diverse ways. When it comes to retirement, it used to be much simpler to work out how to handle them. Over time, the many ways of contributing to, or withdrawing from, your superannuation have...
How much will be left when I die? It helps to know One of the most common fears for retirees is that they don’t have enough savings and they will run out of money. This is understandable as most of us would like to have something in addition to the Age...
Last week the Association of Super Funds of Australia (ASFA) released its March quarter Retirement Standard which measures household costs for those in retirement. The news isn’t good, with annual percentage increases the largest since 2010. The ASFA...
How long do your savings need to last?? The younger you are the easier it can be to cope with financial setbacks. That’s because there is usually a ‘tomorrow’ in sight when you can work harder, earn more, put things back in place. Things change when you...
The Morrison Government has recently urged retirees to spend more of their retirement savings, particularly any super they might have. Why do they want retirees to spend their super? The Government’s recent Retirement Income Review highlighted that many...
More insights from the Government’s Retirement Income Review Everyone’s different in retirement. And how much you need is really a question to be decided personally. But we’ve all got a bit of “sticky-beak” streak and are interested in what others think...
Jeremy Duffield - Chairman of Retirement Essentials In a recent letter, I asked which aspects of retirement finance were most important to you? Many people responded with a clear message: how much I can spend in retirement and how long the money would last...