According to a world-wide survey (including 600 in Australia), by State Street Global Advisors (released in 2022), involving 3500 workers, it appears over a third of Australians, have very low confidence in their retirement plans.
40% Australian workers had expressed little confidence in their readiness to retire and the concerning part is that... | | Read More | As of January 2023, so much has happened in the last few years that has impacted our lives – pandemic, war, rising inflation, rising interest rates, and rising cost of living – just to name some.
Generally, we all accept that having a sound financial plan for achieving financial goals, investments and retirement is the right thing t... | | Read More | In a recent NAB survey of more than 2,000 Australians found some 13% had no financial goals at all and 7% had no plans to cut their spending.
In comparison, 26% placed their financial wellbeing as a top priority, beating out travel plans in the new year.
If achieving financial wellbeing is a goal, then as the saying goes, what gets measu... | | Read More | While early retirement is a goal for many, there are many factors that determine if this is possible.
In Australian, there is no such thing as a ‘retirement age’.
Nor are there any laws that dictate when you can and must retire.
This means, you can retire when you want.
Having said this, statistics show that people, in gene... | | Read More | For many retirees, the goal seems to be retiring on an endless supply of money, without having to do anything.
The thought of being an Elon Musk, Jeff Bezos or even Richard Branson conjures up thoughts of a limitless life of fun and adventure without a care in the world.
However, if, for a moment, you had thought about the hardship and struggl... | | Read More |
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