Submitted by Financial Adviser on Mon, 06/18/2012 - 12:43
Many baby boomers would, no doubt, take hoped-for inheritances into account when calculating how much to save for retirement. But how realistic is it to assume that an expected inheritance from ageing parents will provide a perhaps much-needed boost to retirement savings?
Submitted by Financial Adviser on Wed, 04/04/2012 - 17:54
Despite the frequent legislative changes made to superannuation, it remains the retirement savings vehicle of choice for the majority of Australians, with a number of effective strategies that advisers can recommend to clients who are seeking to maximise their retirement savings. However, advisers need to be aware of the ongoing viability and appropriateness of these superannuation strategies and also question whether other avenues of investment for retirement savings would be more suitable for their clients’ individual circumstances and financial objectives.
Submitted by Financial Adviser on Sat, 01/28/2012 - 14:44
Australia’s ageing population means that more retirees will be faced with the prospect of moving into aged care accommodation. For many, this can be challenging, as there are a range of factors to consider, from the cost of aged care to whether to sell their family home, and how this will impact on their social security entitlements.
Submitted by Financial Adviser on Sat, 01/28/2012 - 14:27
As the Australian population continues to age, there is expected to be greater pressure on all areas of society, particularly income support, health and aged care. With many retirees expected to reconsider their accommodation requirements, financial advisers are likely to be faced with greater demand for information on alternative living arrangements. Granny flats are a popular form of aged care accommodation, with a number of social and economic advantages.
Submitted by Financial Adviser on Sat, 01/28/2012 - 14:12
Daisy is 83. She lives with her adult son, James, in the home she purchased with her late husband, Leigh, in 1978. This arrangement has been beneficial for both of them, as James has given emotional and financial support to Daisy, while her home has provided a base for him in-between his significant work travel commitments.
