Retirement Planning

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,…

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…

Today, we’re launching a multi-part series discussing common fears regarding retirement and how to overcome them. We hope you enjoy it and learn a bit more about yourself.

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…

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…

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.

In an attempt to answer some of the more frequently asked questions we’ve have created a series of Q&A style posts. This weeks post is salary sacrifice and transition to retirement.

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…