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Future Financial Services Blog

by Alex McKenzie

Financial planning advice to guide you through your life stages. Financial advice for when you are looking to buy your first home, start a family or looking to retire. This blog aims to show the relevance of Superannuation, insurance and investment for everyday families.

19
January
2018

Aged Care

Australians are living longer

Australians are living longer so it is becoming more prevalent for people to enter an aged care facility in their later years.

 

For anyone who has been through this process, you’ll know that the aged care system is complicated. Furthermore, decisions around aged care also impact on Centrelink means testing. I would recommend seeking advice before commencing the process.

Written by: Alex McKenzie Categories: Future Financial Services Blog

19
January
2018

Retirement

How much money do I need to retire?

This is the question I’m asked most often as a financial planner. The answer is complicated! Just like pre-retirement, everyone’s income needs differ significantly.

 

 

In order to calculate how much is required to retire, we must first identify how much income is required each year. The easy part is estimating fixed costs and bills, for things such as utilities and groceries.

Written by: Alex McKenzie Categories: Future Financial Services Blog

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