Retirement

Mortgage debt and the great retirement of 2021

In a recent Economic Insights article by CommSec (October 2021), the publication cited the fact that the pandemic had resulted in more workers exiting the job market. To quote some specific numbers: In June 2021, the proportion of those not in the workforce, because of retirement, was at a record 39.9%. In September 2021, this proportion fell...

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Retiring as a senior (woman) on your own

When couples think of retiring, the usual thinking revolves around being able to do all sorts of things that may not have been possible during their parenting/working lives. Travel, new hobbies, home renovations or even taking up part-time work in a new area of interest. The conventional paradigm of retirement planning typically involves couple...

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Are you a pre-retiree and are you stressing about retirement?

Are you a pre-retiree and starting to feel uneasy about impending retirement? Then read on. First, what is a pre-retiree? A pre-retiree is anyone who is in the period where they have decided they are ready to retire to the actual retirement date. Who is a pre-retiree? While there may not be a strict definition of what age or age group defin...

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The benefits of delaying your retirement

The commonly held notion of retiring at age 65 or thereabouts, is slowly but surely changing. While the thought of having more time to yourself, or enjoying overseas trips, spending endless days on the golf course (not for me by the way) or seeing your grandkids more often may sound very enticing, the thought of retirement at the notional age o...

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Have you planned for Aged Care in your retirement?

In my previous articles about retirement planning, I’ve spoken about the importance of getting yourself ready for retirement before you retire, for example, having a test running your retirement prior to the actual event. And I’ve written about how much in your superannuation you will need to retire comfortably. So, while we talk a...

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