Muirfield recently published an article in the Surf Coast Times “Celebrating Seniors and Retirement Living” liftout. The article explored 5 tips for a meaningful retirement.
Retiring is one of the most significant life changes people make and for most retirees the transition is a relatively easy one to navigate. For some, adjusting to life after work can be more difficult, particularly when people have spent a lifetime finding meaning and social connection in their careers. Obviously, the decision to retire is a big one from a financial perspective, however, over time, I have come to appreciate the importance of preparing my clients for retirement emotionally as well as financially.Read More
As an adviser who specialises in retirement planning advice, I meet with people on a daily basis who are often stressed and concerned about the thought of approaching Retirement. The question most often asked is, “at what age can I retire.” I find these concerns are often triggered by many misconceptions including the belief that:…Read More
Will I be bored? We’ve all seen those popular media depictions of retirees, alone and glued to their screens watching daytime TV reruns, seemingly waiting life out. When we consider this, it seems no wonder people fear becoming bored in retirement. As much as we may want to believe this will never happen to us,…Read More
Have I got enough money to retire? For some, the fear of outliving your money is an entirely legitimate one. A survey recently conducted by MLC suggests that 66% of Australians feel unprepared for retirement, with only 15% feeling well or fairly well prepared. Surveys like this may prove to be prophetic, with some of…Read More
There are a number of considerations to take into account when contemplating retirement, or a move to part-time work. If you continue working past Age Pension Age, individuals who scale back their hours often benefit from the gradual transition into life after work. For some, retaining the social support of a work environment can be…Read More
And we know you’re doing fine, because you’re reading this and are clearly interested in actively securing your lifestyle in retirement. You are either working to develop a plan for your future or already have one in place. You are ahead of the curve. According to a study done by MLC, of the Australians who…Read More
As financial advisers one of the common questions we are asked by retirees is: how much do I need to live comfortably in retirement?
The answer is difficult to quantify for most, because it depends on so many variables: How long you live, how much you spend, how much your money grows during retirement. The only quantifiable factor in this complex equation is how much it costs you to live. The Association of Superannuation Funds of Australia (ASFA) have released a ‘retirement standard to assist with helping you to quantify your retirement needs.Read More
Retirement symbolises the transition from accumulating to enjoying. It is a time when many have reached their earnings peak, remain in good health, and are free to do whatever they please. However, countless retirees enter retirement somewhat concerned about what the future might hold and we find many are out of their comfort zone. Plain…Read More