Financial Advisor
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
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 risk of market volatility is directly linked to a person’s investment horizon and their exposure to the share market, which is why textbook portfolio management recommends investors reduce their exposure to shares as they approach retirement. Some retirement funds