Parkside InvestorPlus Articles

 

 

Have you planned for a successful retirement?

Retirement – it’s either your Holly Grail or the moment you’ve been dreading all your working life. For those in the ‘dreading it’ camp, typically it comes down to one if not both issues; 1.       What am I going to do with myself? 2.       Do I have eno...

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The Rising Cost of Living in Retirement – stretching your retirement dollar

In the recent Federal Election, there were several focus areas on both sides of the camp – one in particular, was the rising cost of living. We have all felt rising costs – most notably, fuel and even everyday staples like fruit and vegetables. And with inflation running at 5.1% there are more cost increases coming. Even if you ar...

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Living Longer in Retirement

It seems Australians are now living longer in their retirement phase than ever before. In Australia, the average life expectancy of both males and females is now over 84 years of age, considering that at the start of the 20th century, the average life expectancy for both males and females was around 57 years! Why are we living longer?  Pr...

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Your Planning Guide for Retirement

Your retirement is a new phase in your life and in every way, this should be the happiest and most fulfilling time of your life phase. Just think of all those things you can now do in retirement, that you were not able to do so before because you were time poor and/or because you didn’t have spare cash thanks to your obligations during you...

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Your lifestyle in retirement – how much can you afford to spend

This is one of those questions where the response “it depends” is very appropriate. When I say to my clients ‘it depends’, I always refer to how much you have in your superannuation when it comes to retiring. When it comes to retirement, everyone’s needs, and expectations are different. Firstly, in theory, you sh...

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