Spending Confidence
One of life’s biggest mysteries is knowing how much we can afford to spend day-to-day in retirement. It’s hard because there’s just so much we don’t know.
We don’t know how long we are going to live, so we don’t know how long our money needs to last. We don’t know what emergencies and life challenges will crop up from time to time and require money.
We don’t even know what return our investments will provide.
Fork in the Road
Most Australians think that superannuation was introduced by Paul Keating in the early 1990s, but it wasn’t.
Some Australian super funds have existed for more than a hundred years. And if you’re fortunate enough to be a member of an old scheme, it pays to understand your options.
How much do I need to retire?
Most pre-retirees fear running out of money in retirement more than anything else. That’s why, as retirement specialists, the most common question we’re asked is, “How much do I need to retire?”