For far too long the many years in the life stage known as retirement has been treated as a ‘dead-end’ and the people who are in retirement as a big, beige homogenous blob, who demand a one-size-fits-all solution.
Having written and published content for and about retirees for the past 17 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.
Ken is using the Retirement Affordability Index to plan his return to Australia.
In retirement you’ll need to find a new way to cover your living costs.
How can age pensioners ensure they are making every dollar count?
Economist Sean Corbett explains the sweet spot and why the superannuation system is failing.
YourLifeChoices keeps you up to date with retirement income changes.
Making sense of retirement savings – and how best to ‘spend’ them.