When planning for your retirement, it may be a good idea to take into account your possible need for aged care. Although we all hope to be self-sufficient for as long as possible, aged care can often be an inevitable part of your final years....
Like most developed countries across the globe, Australia has an ageing population. As life expectancy continues to rise, the number of citizens of retirement age keeps getting higher. By 2056, it is assumed that over 22% of the population will be aged 65 or over. To...
An effective retirement strategy should be clear from the beginning - however, since so many things change throughout our lives and in the world, planning to spend our golden years under the sun may seem more and more like a distant dream as time goes...
One thing that keeps most people up at night is debt. Australian household debt has risen over the past 30 years as more people rely on car loans and credit cards. In Australia, the ratio of debt to income has more than doubled between 1995...
When people reach their 50s and 60s, retirement becomes a reality. As each passing year inches us closer, the scramble to ensure everything is in place intensifies. We often ask ourselves whether we’re ready or if we will have the money we need to survive...
You’ve worked hard throughout your life, you’ve saved and invested for the future, and now you’re nearing the retirement stage of your life - and you’ve decided to do what with your retirement funds? As strange as this question may sound, it is a common...
When we reach our mid-50s, our retirement worries tend to start to grow. While many of us may want to continue enjoying our lives and “live it up” during these years, we have no way of turning back our clocks. All of the money we’ve...
No matter who you are, retirement planning is necessary. An essential aspect of creating an effective plan is knowing and understanding our unique needs, which has a lot to do with which stage we are currently at in our lives, and can also be influenced...
Wherever you may be on life’s path, retirement is in there somewhere along the way. Like most things in life, it is not something we are able to practice for ahead of time. There’s no preparation course and no manual on retirement, which means most...
Morningstar market update, brought to you by Ethica Private Wealth Specialists. This update was held on November 2017 at See Restaurant Mooloolaba QLD Australia. For all your financial planning requirements, give Michael Goodwin and the team at Ethica a call on 07 5443 5577. ...