Today: 3. Jul, 2024
Retirement planning is no one-size-fits-all endeavour. The famous “4% rule,” developed by Bill Bengen in 1994, has been a foundational pillar of retirement income strategy for many years. But while its simplicity holds an undoubted allure, it’s becoming increasingly clear that this…
In the sunset years of life, making the right housing decision becomes pivotal. Whether to continue with the comfort of homeownership or shift gears to the flexibility of renting is a question many retirees grapple with. The latest insights into this age-old…
Saving for retirement is a challenge, no matter where you’re based. Beyond earning enough to manage your monthly expenses, it requires commitment and discipline to set funds aside consistently. Understanding the challenge of delaying immediate satisfaction to ensure future financial security, cultures…
These cost-effective, well-diversified funds can be your solution for those aiming to streamline their retirement investment journey. A robust retirement portfolio hinges on nailing three main aspects: an apt mix of investments, minimizing fees, and ensuring the assets align with your retirement…
Many aspire to retire with dreams of globetrotting. However, escalating expenses and unexpected life challenges can make that dream seem far-fetched. However, the reality is, that globetrotting post-retirement is entirely achievable. I spoke to Norm Bour, the brains behind Travel Younger, who…
For years, lacklustre cash returns left aging baby boomers with little option but to veer toward riskier stock investments as they neared retirement. However, the Federal Reserve’s recent decision to hike its benchmark interest rate has begun to change the landscape. Cash-based…
Many believe that consulting a financial advisor is only about managing finances. But there’s another crucial topic to cover: your health. If you’re not in good health, the dream retirement you’ve envisioned may not be possible. To put it more bluntly, if…
Retirement and estate planning often revolve around one’s descendants. Parents and grandparents tailor plans to their offspring’s needs and aspirations. If you’re someone who doesn’t have children or grandchildren, your retirement strategy might look a little different. It’s likely you’ll have a…
The retirement village landscape is often likened to a “jungle” by Ian Henschke, Chief Advocate at National Seniors Australia, who emphasizes the importance of understanding the details and seeking professional advice. I frequently engage with senior citizens curious about the intricacies of…
A recent global survey on retirement safety indicates that numerous Americans anticipate confronting difficult decisions as they age. Here’s a closer look at the five primary challenges to a secure retirement. This year brought a glimmer of hope for retirees worldwide, including…
