by James Coyle | Nov 8, 2021 | Investing
The most well-known cryptocurrency, Bitcoin, was invented in 2009, although there is still some conjecture about who the actual inventor is. Cryptocurrency is a form of digital currency – no paper, no coins. It exists in a digital ledger with very strong...
by James Coyle | Nov 8, 2021 | Retirement Income
Why do retirees care? There were few surprises last week when the Reserve Bank decided for the 12th time in a row to leave the official cash rate at 0.10% But what exactly is the cash rate? And more importantly, what does this mean for retirees? The cash rate target...
by James Coyle | Nov 1, 2021 | Retirement Income
The September quarter Consumer Price Index (CPI) was released last week. This index measures movements of prices in key categories of consumer spending on a quarterly and annual basis. The September 2021 CPI rose 0.8% for the quarter and 3.0% year-on-year (YOY)....
by James Coyle | Nov 1, 2021 | Planning for Retirement
Philippa asked us an interesting question last week. She’s divorced, aged 67, and in July this year she stepped back from full-time work to help with her grandchildren and volunteer. She receives a part Age Pension ($18,000 per annum) and is topping this up with extra...
by James Coyle | Nov 1, 2021 | Retirement Income
A Retirement Income Stream is the term most commonly used to describe retirement income products, including Account Based Pensions, Defined Benefit Pensions and Annuities. Such products typically supplement other sources of retirement income, including: the Age...
by James Coyle | Oct 25, 2021 | Retirement Income
Decumulation would have to be the most boring name for what should be the most exciting stage of your retirement income journey – that time when you get your money out! But it has become a turn off term because the rules seem so complex that many people go into denial...
by James Coyle | Oct 25, 2021 | Planning for Retirement
Are you a shareholder? If so, you’re part of a growing club according to key findings from the Australian Stock Exchange (ASX). In 1986 just 9% of Australians owned shares. Now it’s 35%, with a median portfolio size of $130,000. And these statistics refer to holdings...
by James Coyle | Oct 25, 2021 | Retirement Advice
The Retirement Essentials team had a lively discussion this week about the most important elements of successful retirement income planning. And we all seemed to agree on something that is rarely discussed, but very powerful when it comes to making the most successful...
by James Coyle | Oct 18, 2021 | Retirement Income
Thank you to all our readers who helped us with our recent retirement survey. Your feedback has helped us get a better understanding of the issues and concerns many people face when planning for retirement. It is not always a choice Most people don’t think they will...
by James Coyle | Oct 8, 2021 | Planning for Retirement
Recently we surveyed some of our readers to better understand the reasons why people retire. Many reasons were expected such as when they could afford to retire, health concerns,or job loss. What we didn’t expect was the number of people that mentioned ageism, or age...
