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There is no single figure to determine how much is needed to retire
One of the most often published stories is the one bearing the headline: $1 million is needed to retire comfortably. Unfortunately, retirement isn’t as simple as that. Every person will have a specific set of needs, wants, beliefs, preferences and prejudices that will dictate how…
How many Australians are retiring every day?
800 Australians are due to retire every day for the next decade, giving them access to a whopping $1.5 trillion in superannuation. The Financial Services Council (FSC) believes the Baby Boomers will not spend all their super and save some for their kids. Such action…
Pets in retirement living: does it actually work?
The idea of allowing one’s pet into a retirement village once was strictly a “no”. Nowadays, two-thirds of Australian households have a pet, which are an integral part of the household’s lives. In addition, it has been found by academics to be good for an…
Grandparenting in a retirement village
One of the biggest questions grandparents in retirement villages ask is: can my grandchildren stay over? Often grandparents will move into a retirement village to be nearer their own children and their grandchildren. Retirement villages have rules to ensure that everyone enjoys living in the…
The last 10 years before retirement are critical
The earlier one starts planning for their retirement, the better. The final decade before leaving the workforce will have a critical impact on how ready you’ll be when that day finally arrives. “It hits about 10 years out—this train is coming to me,” Danielle Byrd…
How to talk to parents about selling the family home
It is never easy to tell your mum and/or dad that they need to sell the home they have lived in for years as it is simply getting too much. But we all slow down, and tasks like cleaning, cooking, mowing the lawn and even…