23/04/2024
Life in retirement keeps getting more expensive
The latest rise in the Age Pension rate still falls short of what many people may need to have a modest lifestyle in retirement.
Greg Black
The latest rise in the Age Pension rate still falls short of what many people may need to have a modest lifestyle in retirement.
Jayson Forrest reports.
Central bank’s aggressive approach to combating inflation, characterised by significant rate hikes, did not stall the economy as anticipated by the markets. The market’s eagerness for a slowdown has been overtaken by its desire for expansionary monetary policy.
Despite signs that the central banks remain firm against inflation, equity markets maintained an optimistic stance, hoping for rate cuts to prevent an economic downturn. The recent earnings season showed positive results, but forward guidance from companies remained uncertain, hinting at potential economic slowdown concerns.
If you need help in your home, or can no longer live independently, the Australian Government provides a range of aged care services.
These services are subsidised, but you need to contribute to the cost if you can afford to.
It’s no secret that scammers are getting more sophisticated. As this is an ever-evolving space, scammers are constantly developing new ways to part you with your hard-earned cash – and they cast their net wide.
Christmas is a time when we come together to celebrate with our family and friends. And, for those who haven’t been able to see friends and family due to border closures, it will be an even more joyous occasion this year.
In fact, the US sharemarket hit record highs in the weeks following the November 3 election as Biden’s lead widened.
So what can we expect from a Biden Presidency?
RFS Advice is a Corporate Authorised Representative (402849) of Australian Advice Network Pty Ltd ABN: 13 602 917 297 AFSL: 472901.
Site crafted by The Workshop Co.
Copyright 2019 RFS Aged Care The information provided on and made available through this website does not constitute financial product advice. The information is of a general nature only and does not take into account your individual objectives, financial situation or needs. It should not be used, relied upon, or treated as a substitute for specific professional advice. We recommend that you obtain your own independent professional advice before making any decision in relation to your particular requirements or circumstances. RFS Advice do not warrant the accuracy, completeness or currency of the information provided on and made available through this website. Past performance of any product discussed on this website is not indicative of future performance. Copyright © 2015 RFS Advice. All rights reserved.
