How do you envision yourself in the coming year, five years down the road, or even two decades from now? The challenge with setting goals, particularly financial ones, lies in our limited ability to picture our future selves accurately. Reflect on the aspirations you had as a child about adulthood; chances are, there’s quite a […]
As long as Money has been around, there has been a family friend or work colleague that has been happy to tell you what you should do with your money, usually wrong though. It’s also a subject that really isn’t taught at school and so has long been a topic surrounded by myths and misconceptions. […]
After being a financial adviser for over 30 years and helping many people to financial freedom and retirement, I have definitely learnt that having a ‘rich life’ is far more important than ‘being rich’. As having all the money in the world is useless if you don’t have your health and not happy with life. […]
Many people look towards retirement from a purely financial perspective. This is understandable in that getting your finances right is a very important part of preparing for Year R. However, it is only one part. You also need to be prepared for retirement emotionally and physically, including answering the biggest question: What will you do […]
I often hear the story where people have built and renovated their home over the years to exactly how they want it, love the area they live in, and see their retirement future there. No downsizing or seachange here, as there are plenty who want to stay exactly where their friends are. Makes sense – […]
Most of us are somewhat uncomfortable as we move closer to Year R, as do we have enough for financial freedom, and are we mentally ready for this next big stage of our life. What’s ‘Year R’? It’s what is traditionally called your retirement age – what most people think of when they think of […]
It’s a generation of people in their 40s, 50s and 60s who are ‘sandwiched’ between their young adult or nearly adult children on one side and their ageing parents on the other. Just when they thought life might have been going to get a bit easier, they find themselves with a lot to think about. […]
The Australia Talks National Survey found that 60% of Australians consider being able to retire comfortably a problem for them personally. Almost a third said it was “very much a problem”. While we’re now having the discussion about retirement no-one is addressing the retirement elephant in the room, those who are part of the Sandwich […]
Another day, another negative article about superannuation. What’s wrong with it, what’s enough, who is missing out, who is to blame, the high fees, poor performance, complexity and so on. Where are the actionable solutions? A recent ABC article, “How much money do you need to retire?” Provided one supposed answer and it depended on […]