The retirement savings gap and living longer have combined to threaten retirement as Aussies know it.
If you are a senior in your retirement years, you may not want to think about planning for your funeral. It is true that this is a difficult process, but the alternative is to leave all the arrangements and payments up to your family in the event of your death.
Whether you’re buying a vehicle for your new family, or simply upgrading from the rusty used model you’ve had since you were 16, there are a lot of features that are essential to a modern car. Some are purely cool vanity items, while other can literally be the only thing between you and an injury.
Creating a savings plan is a great way to secure your financial future and prevent the need to borrow money. A savings plan can help you set money aside for more expensive things, such as a new car, your children’s education, and your retirement.
No matter what age you are, it is never too late to start thinking about and preparing for your retirement. In fact, the earlier you create a retirement plan, the better. With proper planning, you will be financially stable throughout your retirement years.