For most people, their biggest fear when facing retirement is the possibility of outliving their money. So how do we avoid this and what are the options available to those who will be relying on an income stream to fund their living expenses?
Many Australians will spend more than a quarter of their life in retirement and you've probably got a clear vision of how you want your life to be. Is it golf, grandchildren, friends or travel.... or all of the above? The question is, how much money will you need to make it a reality?
Have you been daydreaming for years about that big trip around Australia? Suddenly the time is right. You're about to retire, or the kids have left home, or you've got six months of long service leave to use - but you're unsure how to get started? Here are some great tips and resources to help you plan a grand-scale adventure.