Federal Budget: What, me worry?
This year’s Federal Budget is a socially responsible, big spending one aimed at embedding the economic recovery. With interest rates already set at emergency levels, it makes sense for Treasury to step up and stimulate the economy.
But that big spending will come at a cost to future generations as the ballooning debt will eventually need to be repaid.
Federal Budget: What about me?
Retirees and people actively planning for their retirement may be forgiven for thinking that they have missed out. That there is little in this year’s Budget to benefit them personally. But scratch beneath the surface, and we see that retirees may actually benefit most.
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?”