S1. Ep22. "Securing a Comfortable Retirement Lifestyle: Expert Financial Tips and Retirement Myth-Busting with Rachael Ooi"
GENERAL ADVICE WARNING – The information presented by Rachael Ooi in this podcast is purely for discussion purposes only and is not the delivery of personal advice, therefore you must not act on it as such. Prior to acting on any information contained within, you should seek advice from a professional authorized adviser that takes into account your own financial circumstances, goals, and objectives.
Retirement income is a major concern for many Australians, with 62% of all ages worrying about it. In this episode, we discuss the significance of the issue and how seeking professional advice can help secure a comfortable retirement lifestyle. Our guest, Rachael Ooi, a financial planner at Your Wealth Consultants, shares her expertise on :
Introduction to retirement income concerns in Australia
Top 5 financial tips for a smooth transition to retirement
Managing anxiety about drawing down retirement savings and dealing with market crashes
Preparing for retirement and estimating retirement needs
Pros and cons of gifting money or helping the family financially
Common traps retirees fall into
Recent changes to Centrelink and their impact on retirees
Pros and cons of downsizing your home after 55
"Fact or fallacy" retirement myth-busting gameRachel Ooi Your Wealth Consultants https://yourwc.com.au/
ASFA – Association of Superannuation Funds Australia Retirement standards - https://www.superannuation.asn.au/resources/retirement-standard
Moneysmart Retirement Calculator - https://moneysmart.gov.au/retirement-income/retirement-planner
Commonwealth Seniors Health Care Card - https://www.servicesaustralia.gov.au/commonwealth-seniors-health-card
Ironing Out the Wrinkles WEBSITE
Guest Line-up https://www.rosmcmaster.com/guestlineup
Email Ros McMaster [email protected]
Ros's self-help memoir: From Shadows to Light https://www.rosmcmaster.com/fromshadowstolight