Will Your Retirement Savings Last Into Your 90s?

doing the calculations to plan for longevity is something we do on a daily basis. With improvement to technology and healthcare people are living longer and people have always underestimated how long they may live. This is not about saving and having lots of money when we are too old to enjoy. It’s just making sure that our future selfs are looked after into early 90s. We also need to know when to spend more and when our spending will reduce substantially. The role that projections play improving the numbers and also utilising the government scheme which is the home equity. Release scheme can be factored into these projections to make sure that people are looked after when they go from being a couple age pension to a single age pitcher. As the assets test is my harsher and the maximum age pension is a lot lower so we need to look after the future single pensioners. As always this is general advice. #robgoudie #financialadvice #retirement #retirementplanning #superannuation

Disclaimer || The information provided in this post is general in nature only and does not constitute personal financial advice. Robert Goudie is an Authorised Representative (No. 235974) of AFSL 495401.