MTO News April 2008

Retirement Planning - How Much Do You Really Need?

How much will you need to retire?  This question concerns all of us.  We want to enjoy life now, but we also want to enjoy retirement.  Yet we are are often attempting to predict 20 years into the future.  To read more click here...

 

Transition to Retirement

Imagine this – it is early 2005 and you are 58 years old.  You have decided to reduce your working hours to 3 days a week and enjoy a 4 day weekend, every week!  The only difficulty you have is that you need 5 days income in order to maintain your lifestyle.  But that is OK.... as you have a reasonable amount put aside in superannuation, why not start to draw a small pension from your super account to cover the shortfall in income.  Sounds like a very reasonable solution to the problem, doesn’t it?  Click here to read on...

Colonial Market Update

To help you understand what’s going on with the sharemarkets Colonial have put together a short webcast featuring Hans Kunnen, Head of Investment Markets Research at Colonial First State. This webcast will take you through some of the questions that you may be asking yourself such as ‘What is driving the current volatility?’, ‘How close is the US to recession?’ and ‘What is the outlook for 2008?’.

Click here to view webcast..

Did You Know?

  • To have an income in retirement of $60,000 pa you will need to have at least $70,000 in your super at age 30.  How healthy is your super Balance.
  • If you are aged 55+ there is a new strategy you could consider, which may help boost your super balance; This is called "Transition to Retirement".  For more information on this stratey please speak to Robert Bullock on 1300 686 000