When can I afford to retire?

When can I afford to retire? Judging when you’re ready to retire is a tricky proposition, with the need to balance comfort, lifestyle and future income. When can you afford to retire? We sat down with CERTIFIED FINANCIAL PLANNER®professional and private client adviser Chris Giaouris of Chronos Private to find out how to tell when you’re retirement-ready.  How do you know how much money you’ll need to retire? To be frank, it’s impossible to know for …

What to consider when making a sea change 

What to consider when making a sea change Retirement is a major life change, as is moving to a new place when you retire. Even though you might have previously visited the area you plan to go to, it may have been during a holiday, which is not a realistic test of what living in the area permanently will be like. Lacey Filipich is a Perth-based independent financial educator. Through her business, Money School, she …

Can you afford a divorce?

Can you afford a divorce? With divorce happening later in life[1], Australians are taking the financial hit that comes with the end of marriage at a time when they’re at the peak of wealth accumulation. While saving money may not be a reason to stay together, it’s worth knowing what kind of impact divorce can have on your financial position. And if separation is on the cards, how can you limit the financial and emotional …