Blog

August 11, 2016

Is retirement a sustainable proposition?

Over the past week or so I have been reading a couple of articles that painted a rather gloomy outlook for retirees in the coming years. Most Australians will be reliant on the government age pension to meet all, or a part, of their income needs – at least some time in their retirement. That is an inescapable fact. A small number of the population will remain self-funded retirees – for example; having no reliance on government funded income support (except for the Commonwealth Seniors Health Card). However for the most part, at some stage in retirement, we will need […]
June 23, 2016

Financial pearls of wisdom

As we approach retirement some people start to panic a little wondering if they are truly looking forward to the time of their life when they no longer have to work. All of a sudden something they have been pining for is becoming real! Instead of worrying, have a read of the following tips and if necessary, act now. After all, it’s your future – and it could be here sooner than you think. 1: What do you want and how will you get it? What are your goals and objectives for your retirement? Write out a plan that sees […]
June 16, 2016

A tale of two retirements – which would you choose?

Sam and Sally Smith have worked hard all their lives, paid their taxes and, now they have retired, they feel they are entitled to a full age pension. Jan and Jim Jones have also worked hard and paid their taxes. However, concerned that Australia’s aging population and ballooning pension bill will make it increasingly difficult to qualify for an age pension, they have sought to be as financially independent in retirement as possible. With diligent savings and smart use of superannuation they have built a significant nest egg. While both couples have equally valid views, in one respect Jan and […]