Who Controls Your Retirement Nest Egg?

Do You Control Your Retirement Nest Egg? Most people I know have no idea what is really happening to their Retirement Nest Egg. They have even less idea of where their money is. It could be investing in things they would never approve of. It could be used by their fund managers to trade and […]

Read the rest »

Increased Superannuation Contributions could cripple Our Kids financially in the short term

I just read a column in the Australian newspaper where it says the Government is considering increasing the compulsory superannuation contribution to 12% or even 15%. Nick Sherry Minister the “Super Minister” is not sold on the idea fully yet but I think he has it under consideration. There are major problems with the current […]

Read the rest »

Baby Boomers are NOT Investors but Capital Preservationists

The more I read about the need to have investments in the stock market in retirement regardless of the market volatility the more I realise this is fund managers trying to get your money just to gamble. You need to remember they get paid on the size of the funds under management NOT the returns […]

Read the rest »

Baby Boomer – Financial Planners using 3-6-9 Bogus numbers

Many in the financial planning industry have what is called the 3-6-9 method for calculating a Baby Boomers retirement income. What do the numbers mean? They assume there is 3% inflation, 6% return on fixed interest and 9% return on equities. They plug these bogus numbers into their models and add a bit of risk […]

Read the rest »

A Financial Planner with the Right Attitude for Baby Boomers

Finding any financial planner who understands the needs of Baby Boomers in retirement is difficult. I spend several hours a day researching the Internet for information I can disseminate on my Blog. Sometimes I come across a financial planner’s blog or website that meets the standards of what a financial planner should be all about […]

Read the rest »