
The No-Regrets Guide to Retirement
Description
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Learn to take control of your finances and your retirement with this one-stop Australian financial planning bible
Have you ever wondered if you have enough money to make it through retirement? The No-Regrets Retirement Guide: How to Live Well, Invest Wisely and Make Your Money Last provides readers with a definitive answer to that question, as well as many others you may have always wanted to ask. Qualified financial planner and author Patricia Howard offers no-nonsense guidance on what it takes to get you to, and through, retirement. You'll learn how to:
- Develop a positive and productive mindset as you enter retirement
- Take control of your finances, regardless of how much money you make or have
- Learn how to live on invested income rather than earned income
- Understand and learn to avoid the biggest pitfalls people commonly encounter as they approach retirement
Perfect for people entering or already in retirement, The No-Regrets Retirement Guide also belongs on the bookshelves of anyone interested in ensuring they are in a financial position to enjoy their golden years.
PATRICIA HOWARD is an author, finance journalist and financial planner. She has written for The Australian, The Australian Financial Review and The Age. Patricia started her own financial planning practice fifteen years ago, which specialises in providing retirement advice, and she holds her own Australian Financial Services Licence.
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Content
- Cover
- Title Page
- Copyright Page
- Contents
- Preface
- Introduction
- Chapter 1 Retirement:a good news story
- Take time to reflect
- Take stock of your life
- Time is your friend
- Work longer, work part time
- Make every extra dollar count
- Volunteer
- Boost your savings
- To downsize or not to downsize?
- Stretch your dollar further
- Living on a fixed income
- Chapter 2 Plan for a truly great retirement
- Kill your debts
- Think ahead
- Be honest about your needs
- Your half-a-million-dollarnest egg
- Lump sum or account-based pension?
- Accessing your super early
- So just how much do I need to retire comfortably?
- Maybe you'll need a budget
- Be prepared for bad years
- Have a back-up plan
- Chapter 3 Make good investment choices
- Super really is super
- Let's talk investments
- Term deposits
- Annuities
- Property
- Australian shares
- International shares
- Managed funds
- Understanding risk
- Chapter 4 Give up the(financial)smokes!
- But first, some good financial habits
- Self-managed super funds
- Anything that looks like gold .
- Investments with debt
- Mortgage-backed investments
- Margin loans
- Risky trading
- Capital guaranteed or protected products
- Unlisted investments
- Super strategies
- Too-good-to-be-true investments
- Don't invest in anything you don't understand
- Chapter 5 Live like amillionaire
- It's all about income
- Financial advisers: do I need one?
- How do I choose a financial adviser?
- A changing dynamic
- And don't skimp when it comes to other advisers
- Generating income and minimising risk
- Your bottom line
- Your 'bucket list'
- Splurging
- Cutting back
- Chapter 6 Thrive inretirement
- Start a business
- Side hustles
- Make money from travelling
- Write a book
- Start a blog
- Go back to school
- A tree change
- A sea change
- Get fit!
- Get involved!
- Chapter 7 Families:love 'em and leave 'em
- The cost of education
- Helping children buy a house
- Help them without stressing
- Caring for your parents
- Passing on a business
- Helping children buy a business
- Divorce dilemmas
- Grandchildren
- Dependent children: what to do
- Protect yourself from elder abuse
- Chapter 8 Sexually transmitted poverty
- Why women are particularly vulnerable
- Get sympathetic advice
- The challenges
- Make sure you understand where your money is invested
- Going it alone
- Simplify your life
- Sexually transmitted debt
- Online scamming
- Put yourself first
- Oh, and remember to enjoy life
- Chapter 9 Build your escape hatch
- Take control
- Seek advice
- Re-evaluate your situation
- Remain positive
- Review your back-up plan
- Staying in your own home
- Aged care options
- Funeral plan options
- Estate planning
- A final word
- Index
- EULA
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