Sleep is a fascinating and bizarre behaviour. We race around all day with our schedule planned to the last minute, then we lie down and hibernate for several hours.
What I mean by the question is this: If all the good die young, how come you and I have been around long enough to be interested in retirement? We aren’t young. Does that make us not good—as in bad or evil?
Norfolk Island has been in the news recently—and not only as a great place to visit. More people are looking to Norfolk Island as a retirement destination.
Norfolk Island has been in the news recently—and not only as a great place to visit. More people are looking to Norfolk Island as a retirement destination. First settled in 1788, just weeks after the First Fleet arrived in Sydney, Norfolk offers much for those who enjoy pristine air and superb scenery.
Sometimes those preparing for or in retirement become sandwiched by having to care for elderly parents and at the same time have adult children who are still living at home. Anne Graham, CEO and senior financial planner at Story Wealth Management, says it isn’t all bad news. But it can be complicated.
What could cause you to retire early? Four major ‘shocks’ have been found to cause early retirement for about a third (37%) of retirees according to Boston College’s Center for Retirement Research. The four are: health; employment; family; and financial. That doesn’t mean there aren’t other reasons, but these four were, statistically, way out in front.
Many senior Australians want to continue working beyond their Age Pension age. Being active in the paid workforce beyond this point can be good for both your financial position and your mental health.
We applaud couples who stay married for 40 and 50 and more years, but very few marriages fulfil the fairy-tale dream they may have started out with. Couples counsellor Paul Bogacs talks about complications that can come as couples age.
So, what’s in the news about retirement finances? I’m developing the habit of every now and again checking out what’s happening in that area. I Googled ‘retirement finances news’ to see the latest findings and share some of what I’ve found. Here are 5 things I learned online that could be helpful as you look at your finances for retirement.
A recent forecast predicts that there’ll be a surge in the number of baby boomers heading for regional areas. The report went on to identify 30 likely places around Australia. Interestingly, only about half of them were by the sea. Could an inland tree-change be on the cards for many baby boomers?
Afraid of retirement? Really? What’s there to be afraid of? The answer to that depends mostly on how you tackle life. But, however you tackle life, retirement is a dramatic change. Even with the best preparation, it’s a step into the unknown.