Is retirement for you?

From an article “The Drive To Be Alive” by Dr John Demartini.

Not everyone has to descend into the perceived loss of confidence and self-worth that often goes hand in hand with the loss of a meaningful and fulfilling occupation. Some are fortunate enough to get a wake-up call before they retire, and wise enough to heed it. Read more..

Costs of retirement

According to a recent Westpac/ASFA (the Association of Superannuation Funds of Australia) retirement survey, a couple need a weekly income of $969 to have a “comfortable” lifestyle in retirement and $526 a week for a “modest” lifestyle. Who did they survey to find those figures? Residents of Ascot or Hamilton in Brisbane? How in the wide world would you spend $969 a week if you were retired? To receive that income to start with you’d need a substantial share portfolio or other lucrative investments. And if you were that well set up, you’d surely own your own home. Read more..