How To Make Retirement Savings Last Longer Than You Do

I’m always happy to pass on great info...and this is great info! I’ve included a few snippets below lifted from the full article.

Portfolio

A well-constructed portfolio will have a portion of the money invested in defensive assets, such as cash and fixed interest investments, which have stable capital values.

Age pension

Financial planners say that the changes to the age pension access rules are another reason that many retirees can afford to put a bit more into shares.

At the start of this year, the "taper rate" under the assets test for the age pension was sharpened. The taper rate is the rate at which the pension shades out as assets increase.

Retirees with assets that put them below the level at which the pension cuts out altogether have a more valuable safety net.

Do you need more detail on this subject? Head on over to the full article HERE for more ideas and perspective. Afterwards, why not drop me an email to share your thoughts [email protected]; or call me on (0410) 467-183.

Thanks,

Greg