Spending in retirement

There are lots of uncertainties when it comes to retirement. While most Australians are working longer, we’re also living longer, so our retirement is longer. In fact, for some of us, retirement can span a period of 30 or 40 years.

A lot can happen in 40 years and it can be difficult to know how much we can afford to spend. How do we balance spending today, and still be responsible for the future?