Blame it on a mid-life crisis, but I recently acquired a motorcycle much to my mother’s dismay. I vividly recall the same response from her some 32 years ago when my Dad agreed to me getting a 2nd hand 50cc
Defining risk, counter-intuitive thinking
Do you have ROOM?
Don’t worry I am not asking for a place to stay. The ROOM I am referring to is the acronym for Run out of Money risk (ROOM). This is applicable to anyone who is no longer working and reliant on
What does money mean to you?
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
You’ve got enough
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