For Centrelink, a ‘granny flat agreement’ starts when an Age Pensioner transfers assets to another person in exchange for future accommodation. ‘Granny flat accommodation’ comes in various forms: from a self-contained building; an apartment in a larger building; or simply the spare bedroom of a family home with use of the family bathroom. A formal, […]
It’s true. You can fail at retirement. On the negative side, ‘it seems that the rate of failure in retirement is escalating,’ reports Robert Laura. On the positive side: ‘In a weird way, it’s portrayed as a good thing. There are no red faces or bowed heads when people say, “I tried retirement but it […]
Retirement doesn’t always work out for everyone. That became obvious in research by Michelle Pannor Silver from the University of Toronto and author of Retirement and Its Discontents. For her research she interviewed dozens of former doctors, professors, CEOs and homemakers who saw themselves as retired. All of them found the transition to retirement challenging. She recently […]
Being part of a couple adds complexity to retirement planning. And this complexity needs to be worked through. I was reminded of that recently when John and Beverley were in my office for their regular review.
One of the best ways to approach retirement is to create a portfolio life. That’s Peter Black’s advice at a time when, he says, there is no longer a real model for retirement. Peter is a business and executive coach and also an accredited retirement coach. There’s so much more in this conversation.
Almost a quarter of Australians are forced to retire. There are three main reasons: loss of work, and not being able to find another job; personal health issues; or becoming a personal carer—usually for a family member. So, if this is you, what can you do? Here are 5 strategies that will help you take charge of your situation.
‘Good relationships keep us happier and healthier.’ That’s what Robert Waldinger, the head of the Harvard Study of Adult Development, says their research has discovered.