Bec Wilson is the author of How To Have An Epic Retirement and writes a weekly newsletter for pre- and post-retirees at epicretirement.net.
People with low to medium super balances often feel like they’re on the outer when it comes to retirement. But that’s not necessarily true.
For people approaching retirement a market shock just before they leap, or early in retirement, can also become a personal financial shock.
Australians have spent decades building their super. They deserve a system that supports them just as strongly once they reach retirement.
Within just a fortnight, almost every key number in Australia’s retirement system has either changed, or is about to.
Last year, I clicked on a Facebook ad urging me to review my super before thousands of dollars slipped away. Within minutes, my phone rang.
Dismissing these fears as benign helps no one. What does help is turning them into something you can measure and manage.
Super funds need to be allowed, and expected, to play a more active role in helping members move from accumulation into retirement.
Somewhere between ironing work clothes and clearing the holiday backlog in your inbox, a quiet thought nags: how long do I really have to keep doing this?
Instead of wishing for retirement, I invite you to rethink work for flexibility in your 50s, it might end up suiting you better.
We have a retirement system that has never fully accounted for the fact that women have more fractured working lives than men, even today.