Financial Advisor
The three risks underlying retirement planning is longevity, inflation and investment risk. As a retiree you have no control over your longevity and the inflation risk. If only we knew when our time was up planning would be easy. Just
At gym the other day a local minister mentioned that he regularly read my article. He questioned me on the difficulty of selecting a new topic each week. His passing words were, “at least you know how we ministers feel
For this week’s article I am going to ask you to pretend you are living in a make-believe world, which shouldn’t be too hard, just follow our supreme leaders example by living in denial until you believe your own lies;
It is interesting to see how many people are beginning to look at their home as a retirement asset. There are two reasons for this firstly the average person nearing retirement is under-funded, in some cases their homes are their
If you do not want to erode capital in retirement your investment return must provide for both income and costs after inflation. If you’re drawing 5% income and the underlying costs are 2.5% then your investment needs to earn 7.5%
In the good old days retirement planning was relatively simple. Most people belonged to defined benefit company pension funds, which paid members a pension based on their total years of service and final salary. Retirement age was usually 65, thus
Many of my clients have recently approached me to determine if they have enough capital to retire with. I think the reason for this is the fantastic growth we have witnessed from investments and properties over the past decade, which
Establishing if you have enough for retirement is a fairly simple exercise of determining how much income you need to fund your lifestyle and then calculating how much capital is required to provide for this income using an assumed rate
The American financial planning industry is currently running a campaign to promote retirement savings. In typical US fashion it’s all about ‘hitting the number”, having enough capital in order to retire. I was reminded by a new client the other
The current rules governing the taxation of retirement funds provides for a legal tax avoidance scheme for the very wealthy to consider. This is why: Retirement funds pay no tax; that is no income, capital gain or dividend tax Non-tax