How much money should we have? How long will we live? How much can we spend? The questions about retirement income just keep on coming. And because no one has a crystal ball, some questions have no definitive answers. Undeterred, in the December 2019 Retirement Affordability Index™, we search for useful solutions by offering information that can help shape your strategies in retirement.
We investigate what the experts say about spending patterns in retirement. Retired actuary John De Ravin tells how to take the guesswork out of retirement spending. The Australia Institute senior economist Matt Grudnoff explains whether we can factor those ever-increasing living costs into our planning, our friends at Challenger explain how to calculate the level of spending your savings can safely support and personal finance specialist Noel Whittaker comes to the rescue to help ensure our ‘typical’ retirees have structured their retirement as well as they possibly can.