Having written and published content for and about retirees for the past 20 years, the team at YourLifeChoices has become exceedingly frustrated by the inaccuracies inherent in this broad brush approach, particularly when related to projections for retirement income. The glaring omission to date has been the assumption that all retirees live in a home with no mortgage.
YourLifeChoices, in partnership with The Australia Institute, is excited to announce the Retirement Affordability Index™ – the only report that investigates the real retirement tribe that best matches your situation, so you can compare your spending.
To help calculate the weekly, monthly and annual expenditure for each retirement tribe and to keep you abreast of changes in the cost of living, the Retirement Affordability Index™ will be updated every three months, following the release of CPI data.
The Consumer Price Index is an important economic indicator, especially for retirees.
Complex system is setting people up to fail, writes Xavier O'Halloran.
A wider range of products and services must be developed for retirees, says adviser.
Senior economist Matt Grudnoff offers a cautionary tale about statistics.
The Consumer Price Index registers the largest fall in its 72-year history.
You've spent decades accumulating your nest egg, then you need to get used to spending it.
When you press the retirement button, a sound financial plan is pivotal.
YourLifeChoices keeps you up to date with changes that could affect your retirement.
An efficient retirement spending system is still a work in progress, writes Andrew Boal.
Consumer Price Index rises by 1.6 per cent after a 1.9 per cent drop in the June quarter.
Why we need to get our affairs in order - and keep them that way.
Support payments, Age Pension updates, Robo-debt refunds, free travel and more.