|
|
|
Empty nest, full house or home alone
It’s hard to think of retirement without conjuring up an image of a couple walking hand in hand into the sunset. However, as society changes, so too does the way we live in retirement.
The sad truth is that many marriages end in divorce.
In addition, some spouses are left widowed before they reach retirement, meaning that many will face retirement alone which presents its own financial challenges.
Many retirees, particularly those who started families later in life, may find themselves with financially dependent children still living at home.
In 1999, just under one-third of young adults in their twenties still lived at home.1
Related ongoing expenses may include clothing, education (secondary and tertiary), transport and medical costs, which could total tens of thousands per year.
A professional financial planner can help structure a sound retirement plan that takes into consideration all aspects of your lifestyle to ensure that you have enough money to live comfortably, whether you’re living on your own, as a couple or with dependent family members .
1Australian Bureau of Statistics, Estimated Resident Population of Australia, States and Territories, 2000
|
|
 |
Calculators |
 |
|
|
Further Information |
|
|
|