With life expectancies on the rise, retirement is being redefined for the 21st Century. While we tend to associate ‘retiring’ with stepping back from the workforce and the shift to a more relaxed lifestyle, many 65 year olds are seeing retirement as their second adulthood. Healthy enough to continue working, travel the world and achieve things they have always wanted to; retirement now brings with it endless opportunities and new experiences.
It’s an often asked question ‘how do I take advantage of low interest rates, rising housing prices and the ongoing housing boom when I have no spare cash?” This is where the equity you have in property might come in.
Read more: Using equity to generate wealth - a good strategy or a recipe for disaster?
“I am a woman of a certain age who has been preparing for and now actively planning for retirement in the next 5 or so years. Life hasn’t gone completely to plan but I seem to have muddled my way through and think I am in a reasonable position. But I know that now is not the time to become complacent about my financial future.
Read more: Being a single female in control and making sense of investment
“I consider that I know enough about superannuation to be dangerous,” says Anna, a self-employed business consultant.