With current high inflation coupled with many Australians entering their retirement phase still burdened with mortgage debt, retirement stress is now a real thing.
As a retiree, chances are that you no longer work, and your retirement income may not be rising at the same rate of inflation.
This can lead to retirees underspending because they a... | | Read More | New research from Equip Super showed that over 40% of its pre-retiree members have either no formalised plan, or no plan at all, for their future retirement goals.
You can extrapolate this finding to the broader pre-retiree base, i.e. generally, 40% of pre-retirees do not have a formal plan in place for their future retirement goals.
So,... | | Read More | Regardless of where you are in your retirement journey, i.e. some years off, just around the corner or you’re in retirement, the one aspect that nearly half of Australians, (estimated to be 45%) is that they do not have a valid Will, and most have not made a binding death nomination for their superannuation.
Organising your Will (ideally ... | | Read More | If you said yes, then you are not alone.
A recent study by Fidelity International, which surveyed over 1,200 Australians, found that while the average age at which Australians would like to retire fully is 64.8 years, the average age we retire is rather at 63.4 years.
Why do retirees have 'retirement anxiety'?
There are a key number o... | | Read More | Retiring earlier than the magic age of 65 is certainly possible.
However, given the current volatile economic climate, is this just a dream or a notion reserved for the lucky few?
What makes this discussion interesting is that in October 2022, an independent survey commissioned by finance platform money.com.au found that roughly a quarter (26%... | | Read More |
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