Entries by Digilari

So how much do we really need to retire?

There’s been a lot of pretty scary “information” come out about the insane amounts of money we need to retire, so what are the facts?  For many people, the concept of retirement shimmers like an oasis beyond the desert of day to day working life. For others it is the monster that lurks under the […]

RBA cuts rates to a new record low

Key points The RBA’s latest rate cut is aimed at heading off a further slowing in growth which would threaten higher unemployment and lower for longer inflation. Cutting the inflation target would be a big mistake. More rate cuts are likely to be needed ultimately taking the cash rate to a low of 0.5% next […]

How do you plan for an uncertain future?

By MLC The problem with the good times is that they make it easy to forget the hard times. The past decade, and indeed the past four months, have seen the major US share market indexes hit all-time highs despite the uncertainty surrounding trade disputes, potential rate hikes and a slowing global economy. This has […]

Aussies making a slow transition to retirement

This article originally appeared in The Australian Retirement used to be a clearly demarcated milestone in the life of working Australians. Cake and speeches on a Friday and on the next Monday you started your life as a retiree. That’s not so simple any more. More Australians transition into retirement over a few years. Let’s […]

Worry, wellbeing and why more of us work later in life

Dean Pearson, Head of Behavioural & Industry Economics, MLC Ill health, job loss and family reasons mean one in two Australians will retire earlier than they anticipated. This is a now a well-established trend in MLC’s Wealth Behaviour Survey. But many more are staying in the workforce longer than previous generations. That’s largely because pre-retirees, […]

Ageing is old hat for baby boomers

This article originally appeared in The Australian There was a time, not so long ago, when retirees were happy to be called “retirees” or “seniors”. After all, these older Australians had worked hard, raised a family, paid their taxes, volunteered, done their bit and now it was time for them to enjoy a long, happy […]

Newsletter – 7th May 2019

Dear Sir/Madam,   Only 11 days till the Federal election and we won’t have to listen to or watch any more political advertisements! Sharemarkets have been relatively quiet although the inability of the US and China to reach a trade agreement has the potential to have a negative impact on the sharemarkets in the short […]

2029’s four major retirement tribes and their aims

This article originally appeared in The Australian By 2029, the last baby-boomer (born 1946-63) will have reached retirement age (over 65). This doesn’t mean that all boomers will be retired. Of the 5.3 million people over 65, about 545,000 will still be working — that’s 10 per cent. The 65+ cohort will be bigger than […]