This issue of Wealth Adviser includes:

  • How not to run out of money in retirement.  To avoid running out of money in retirement, it is important to plan carefully and consider various financial strategies. One key suggestion is to create a retirement budget and stick to it to ensure long-term financial security. Additionally, seeking professional advice and adjusting investments as needed can help individuals maintain financial stability during retirement.
  • Australian home prices up again.  Australian home prices have shown a recent increase, reflecting a trend in the housing market. The chronic housing shortage persists, with a growing disparity between home prices and affordability. Signs of a potential slowdown in the housing market are emerging amid these challenges.
  • Bursting the myth: Understanding market bubbles. Market bubbles are marked by unsustainable price increases unsupported by underlying fundamentals. By understanding the dynamics of market bubbles, investors can better navigate volatile market conditions. Sometimes normal market movements are misrepresented as bubbles.

    Q & A

    1. I’ve just turned 60 but haven’t yet retired and I’m not planning to anytime soon. Can I still access some of my super?
    2. Recently a friend of mine suggested I get some advice and start thinking about having a retirement plan. What makes a good plan?
    3. I’ve never had superannuation and I’m about to set up a new account for the first time. What should I look for when deciding which company to go with?
      If you would care to share your experience with me, please comment below!