And in today's newspapers, 'Your retirement savings are there to be spent. Don’t be afraid to'. This article is for those who struggle to stop squirrelling and start spending.
“They” tell us to spend more without knowing any facts of the legitimate fears that retirees have regarding if they ever have to go into aged care.
The price of a room is exorbitant with up to $850k for a mediocre establishment.
If you don’t have this kind of money you are moving out to whoop whoop, away from your family and friends just to afford aged care.
New legislation being introduced will ensure you spend more…just getting help around the house will soon gobble up any superannuation you have accumulated.
“They” tell us to spend more without knowing any facts of the legitimate fears that retirees have regarding if they ever have to go into aged care.
The price of a room is exorbitant with up to $850k for a mediocre establishment.
If you don’t have this kind of money you are moving out to whoop whoop, away from your family and friends just to afford aged care.
New legislation being introduced will ensure you spend more…just getting help around the house will soon gobble up any superannuation you have accumulated.
Well that’s all fine in theory
I wonder what percentage of retirees are actually in a suitable financial position to give money to their children
If is difficult to know how much money and financial resources you will need in retirement dependent on longevity and health and care
I am sure it is not going to get cheaper !!