Why retirement scenarios matter, and how to shape yours
Thanks to advances in healthcare and medical research, Australians are blowing out more and more birthday candles than ever before. This record increase in longevity means we need to consider how to manage our money as the years tick past, but not enough of us are building our financial plan to cater for a specific life length.
In this article, we’ll explore the factors that influence life expectancy and why it's important to consider different potential outcomes when planning for retirement. The good news is that with some thoughtful planning, you can have confidence that your money will last the distance, no matter how long you live.