More than 1 million Australians have a self-managed super fund (SMSF) as part of their financial preparation for retirement with, currently, almost 200 people a day starting an SMSF.
We’re fortunate to meet many ‘retirees’ who have second careers, encore careers, run profitable hobbies, develop home-based businesses and/or volunteer.
Some of these we wrote about in our book, Retire Bizzi. From the ‘locum management’ man who looked after businesses (casual, part or full time) when the owners were busy (he became too busy, as his skills and experience were in demand) to Biddy Naylor who established ‘Valentine Travel: walking holidays in Europe especially for women’—there were many ‘retirees’ doing interesting activities.
How much money should we have? How long will we live? How much can we spend? The questions about retirement income just keep on coming. And because no one has a crystal ball, some questions have no definitive answers.
That place you’ve regularly holidayed in may be just the place for your retirement. But you need to do your homework.
High income sounds good, but too many also end up with high debt and discover their finances are out of control. Financial planner Anne Graham talks about how this can happen and has practical advice for anyone who wants to take control of their money.
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.
When researchers study the top 10% of happy people, the single most important factor that emerges is that these very happy people have good social relationships.
You are no doubt aware they exist. You may have seen them on foodie blogs, Instagram feeds or on the menu at your local café. Wholegrains are an important food group essential to a healthy diet. Read on to find out why they are so wonderful and how you can eat more!