Baby boomers have been the major beneficiaries of rising housing prices over the decades. That does not necessarily mean it’s a good investment decision for them to buy residential property as they near or begin retirement.
A tight labour market and sticky inflation suggests that the Reserve Bank is not about to cut the cash rate. Indeed, it’s more likely the bank will lift it again – good news for those with cash and term deposits.
Laurence Parisi will build on more than two decades in real estate with listed and unlisted funds to grow funds under management and broaden the product offering.
Technology has widespread appeal for retirees wanting to keep in touch with family and friends. The downside is the potential for having their personal information compromised with 17 per cent admitting they have been scammed.
As a growing number of baby boomers prepare to leave the workforce, funds are enhancing their technology to better inform members about their retirement income options.
A lengthy inquiry into the regulator has exposed a ‘toothless tiger’. Investors in the defunct Dixon Advisory, who are still waiting for compensation and criminal charges to be laid, would only agree.
Despite a royal commission putting seniors’ dental health on the political agenda, it remains stillborn. Meanwhile, the high cost of dental care means many are either delaying or totally avoiding getting treatment.
Retirement coach Jon Glass will explain to a one-day event focusing on the ‘golden years’ why it’s important everyone finds a new meaning in life after leaving the workforce.
People’s goals after full-time work ends vary greatly. The challenge for super funds and advisers is to acknowledge these differing ambitions and find the financial and emotional solutions to meet them.
While the property boom has dramatically increased household wealth, it has concentrated investors’ portfolios in this asset class. A market shake-out could have dire financial consequences, especially for those in retirement.
