How accurate are ‘retirement estimates’? 7 assumptions you need to understand
Fund estimates and online calculators can provide value insights for planning your retirement, but you need to understand the assumptions used to create them.
Home / retirement income / Page 2
Fund estimates and online calculators can provide value insights for planning your retirement, but you need to understand the assumptions used to create them.
Working out how much income you will need in retirement is no easy task, but some simple rules of thumb may provide an estimate to start the planning process.
Lee and Mandy are retired and want to see whether downsizing could increase their retirement income.
Now that super funds have signed up to the Retirement Income Covenant, retirees who worry their savings won’t last the distance are being offered a growing selection of pension offering income for life .
Deferred annuities offer retirement income for life, but you need to weigh the costs and benefits of different deferral periods.
From 1 July, super funds are required to provide a retirement income strategy to members, but you may need to search for it.
The new retirement income covenant effective from 1 July doesn’t apply to SMSFs, but that doesn’t mean trustees can’t learn from it.
It’s quite a challenge to succinctly summarise the 233,117 words of the Retirement Income Review, and the report itself will be dwarfed by the coverage it receives in the coming weeks, months and years.
How to plan your income in retirement can be one of the most confusing aspects of retirement planning. In this video members of the Profession of Independent Financial Advisers provide some insights into how they approach it.
SuperGuide is Australia’s leading superannuation and retirement planning website.
Superguide Pty Ltd ATF Superguide Unit Trust as a Corporate Authorised Representative (CAR) is a Corporate Authorised Representative of Independent Financial Advisers Australia, AFSL 464629.