How much is enough in retirement?
How much do you need to comfortably retire? It’s a common concern and it all depends on how you plan to spend your retirement, as well as any big costs you might have now, or planned for down the track.
Find the latest information on our people, our company and our service as well as any changes to legislation and industry that you should know about. You’ll also find interesting research as well as informative articles and useful tips to help you live well in retirement.
How much do you need to comfortably retire? It’s a common concern and it all depends on how you plan to spend your retirement, as well as any big costs you might have now, or planned for down the track.
If you’re over 55 and own your home, you can use a reverse mortgage to access income or a lump sum of cash while still retaining significant equity.
It’s not only younger people who are struggling to put a roof over their heads. Over the past two decades, the circumstances of older Australians seeking affordable housing have deteriorated, with home ownership rates plummeting and a rising number of retirees saddled with mortgage debt as they enter retirement.