Parents drain retirement funds to support adult children

By John Innes

The Struggles of Millennials and Gen Z Are Wiping Out Parents’ Retirement Funds There’s a strong financial narrative running through Australian society at the moment. And, for the younger generations – i.e. younger Millennials and older members of Gen Z – this narrative is not a good one. Let’s take home ownership as an example…

Annuities – fixed, variable, market-linked

By John Innes

Funding retirement: analysing Fixed, Variable and Market-Linked Annuities Planning for the future and securing a great quality of life post-retirement are common concerns for Australians. As we get older, these concerns become increasingly pressing, and many Australians find themselves struggling to fund their retirement and maintain the quality of life they have grown used to.…

Shared Appreciation Mortgages

By John Innes

Funding retirement: analysing Shared Appreciation Mortgages According to the Association of Superannuation Funds of Australia (ASFA), retirees need to access around 70% of their pre-retirement income in order to live comfortably. Unfortunately, most Australians are not achieving this figure, and are falling 40% below this benchmark on average.  For the average Australian, this shortfall is…