When are you thinking of retiring? I assume that if you’re reading this there’s the thought that somewhere down the road, maybe soon, you will retire. But have you really thought through the when? What would have to happen before you could?
‘We’ve got a mortgage, it’s small, but we don’t know how to pay it out.’ That’s what a recently-retired client couple told me, and asked, ‘What can we do?’
I Googled ‘finances retirement’ and went to ‘news’ to get the latest. Here are 5 things I learned in 20 minutes online that could be helpful as you look at your finances for retirement.
Owen Weeks, a well-respected veteran of the retirement industry, prognosticates about the future of retirement. He’s been in the industry since the mid 1970s and has some interesting thoughts about the future. Check out the podcast.
Over the past couple of years, Australian banks and financial institutions have been tightening lending rules. For better or for worse? You decide.
Here’s your chance to eavesdrop on a conversation with Owen Weeks, a well-respected veteran of the retirement industry talking about how retirement has changed over the years. He’s been in the industry since the mid 1970s. Check out the podcast.
Australia’s Age Pension is designed to help seniors who have reached retirement age and are deemed to be in constrained financial circumstances. But seniors who leave Australia can find that Centrelink reduces or even cancels their Age Pension payments.
The best way to have financial security in retirement is to start working on it well before you get there. You’ll want a financial stream (or streams) that allows you to fulfil many of the dreams you have for the freedom retirement brings. This is where a financial countdown can help.
In this issue of the YourLifeChoices Retirement Affordability Index, there’s a helpful discussion about how to make the best out of your retirement savings.