Funding aged care in retirement can be a minefield. With both the cost of living and life expectancy on the rise many people are poised to enter into their retirement years without adequate savings. Selling the family home has seemingly become the only option to access quality aged care – though the majority of seniors…
People are living longer. For every 20 years of future life you can now add around one year in longevity. That’s great news for all of us – who doesn’t like that 60 is the new 40? Thanks to advances in medical science and a steady rise in living conditions, The United Nations reports trends indicate that, on average,…
Inflation and interest rates lead to confusion among savers, who need a reliable retirement plan Retirement savings, interest rates, and inflation — these three terms are often discussed in the same breath, especially at the moment. Soaring inflation, followed by the first interest rate hikes in well over a year, has impacted retirement savings, and Australians…
As variable annuity sales decline, how can investors better preparethemselves for retirement? With population ageing globally till 2050, one would expect the sales of annuities to be experiencing strong growth, if not booming sales. However, this is not the case and this article looks at the reasons why. Annuities are letting retirees down: examining better alternatives for retirement planning…
Dealing with longevity risk and sequencing risk for Australia’s retirees: the role of alternative assets In a basic sense, retirement funding is about ensuring you have enough money to maintain a high standard of living after you are no longer working. However, there are more complex aspects to consider. Two of the most prevalent considerations are…