CPD: Getting older, living longer – Australia’s retirement landscape (part one)
After 30 years of little to no innovation in retirement income strategies in Australia, the new world is looking positively different. In this first of a three-part series, we explore the changing retirement landscape in Australia today.
This CPD-accredited article examines how Australians are experiencing a major societal transformation that has resulted in people living longer, healthier lives. Retirees today also tend to enjoy a more active lifestyle than any previous generation. The enormous gains in quality and quantity of life, however, come with an implied financial cost that requires retirees to stretch their savings over multidecade timeframes that will include unpredictable market conditions and personal challenges. There’s a mix of excitement and fear; the opportunity to realise dreams overlaid with concern that retirement savings simply won’t last the distance.
Click here to read the article and complete the quiz to receive 0.25 hours Financial Planning and Client Care & Practice CPD.