Have your cake and eat it come retirement
Retirement. It’s one of those things that always feels like it’s on the distant horizon, far enough away to think, ‘there’s plenty of time’. In your Twenties, retirement’s typically something that’s far from top of mind. Hit your Forties and Fifties, though, and all of sudden, it’s something you become acutely aware of. Fine if […]
What does a comfortable retirement look like?
How much money you’ll need will depend on a variety of things. Have you got a plan in mind for when you retire? Is it to travel overseas, hit more balls on the golf course or spend time with family and friends? Whatever your goals, you’ll need to have a plan for how you’re going […]
Government support in retirement
What is the Age Pension? The purpose of the Age Pension is to make sure you have enough income in retirement. It is a fortnightly payment made by the government to help you meet the cost of living, if your retirement savings are below a certain level. To be eligible for the Age Pension, you […]
What is retirement income? During your working life you receive regular income in the form of a salary or business income. In retirement, this regular income stops, so you need to draw on your savings to meet your lifestyle costs. You set up your savings so you still receive regular payments, just like a salary. […]