Sign up to save your podcasts
Or
Share E3 Building Wealth for Retirement
Share to email
Share to Facebook
Share to X
Share to email
Share to Facebook
Share to X
Or
E3 Building Wealth for Retirement
Building Wealth for Retirement
Statistics show that most people in Australia want to retire at about age 65 - the reality is that the majority of people actually retire - stop working - at age 55, and for a variety of reasons.
In Australia you are only able to apply for the Aged pension from age 67
If this was you, what would you do for money to live on between age 55 and 67??
Remember in the intro episode we mentioned that by 2030 (in just 7 years time) one in three people - 1 out of every 3 people - will be over 55 years of age - Astonishing!
In this episode we look at some of the ways that you can build your wealth - and some of them might not be what you expect
We provide answers to these listener questions we received:
“I am aged 54, divorced and hoping to retire by 60. I have a small house and was thinking of renting out my spare room for extra cash. Do you think this is a good idea? What do you think Jacqui?”
“Last week you were talking about having a cash reserve. I don’t have one and it really worries me. I work and at the moment my expenses eat up all of my salary. How can I build up a cash reserve?”
If you have any questions or suggestions please email us at:
We need to make it clear that we do NOT provide specific financial advice on this show, it is just general advice and discussion. If you want advice specific to your situation you need to go and see a financial adviser or financial professional.
View all episodes
By Ingrid Thompson and Jacqui IrwinBuilding Wealth for Retirement
Statistics show that most people in Australia want to retire at about age 65 - the reality is that the majority of people actually retire - stop working - at age 55, and for a variety of reasons.
In Australia you are only able to apply for the Aged pension from age 67
If this was you, what would you do for money to live on between age 55 and 67??
Remember in the intro episode we mentioned that by 2030 (in just 7 years time) one in three people - 1 out of every 3 people - will be over 55 years of age - Astonishing!
In this episode we look at some of the ways that you can build your wealth - and some of them might not be what you expect
We provide answers to these listener questions we received:
“I am aged 54, divorced and hoping to retire by 60. I have a small house and was thinking of renting out my spare room for extra cash. Do you think this is a good idea? What do you think Jacqui?”
“Last week you were talking about having a cash reserve. I don’t have one and it really worries me. I work and at the moment my expenses eat up all of my salary. How can I build up a cash reserve?”
If you have any questions or suggestions please email us at:
We need to make it clear that we do NOT provide specific financial advice on this show, it is just general advice and discussion. If you want advice specific to your situation you need to go and see a financial adviser or financial professional.