Old age – Page 2

Owning your retirement

Online learning Inform your financial decisions Owning your retirement Online learning: Getting ready for retirement When you’re well-informed you can make the best decisions for you. We’ve put together some tools and information to help you plan for a retirement you’ll enjoy. Start now Online learning: Managing your money in retirement This learning module can help you manage your money in retirement day-to-day, and plan to meet your long-term needs too. Start now Online learning: …

How to cope with losing independence

How to cope with losing independence If you or a loved one is experiencing a loss of independence, you may be able to maintain a sense of control. Few, if any of us, look forward to losing independence. In fact, research reveals that 75% of older people feared losing independence while only 29% feared dying1. It also revealed that 44% were worried about moving into an aged care facility. Whether a physical, social or emotional …

Easing the strain for the sandwich generation

Easing the strain for the sandwich generation By Paul Clitheroe AM The 2015 Intergenerational Report (IGR) confirmed that the majority of us can expect to live longer than people in previous eras, but it’s the so-called ‘sandwich generation’ who may feel the squeeze financially. The sandwich generation are those baby-boomers, usually aged in their fifties and sixties, who are caught between caring for elderly parents and supporting adult children who may be studying or …

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Intergenerational wealth transfer

Intergenerational wealth transfer Intergenerational wealth transfer – or in simpler terms, passing on assets to your family, can be, and often is, a huge issue for all family members concerned. If done well and executed properly, it can make a real difference to the financial position of the recipients. If misjudged or poorly handled, it can cause enormous grief, fights and resentments that are never forgotten nor forgiven. What’s involved? The first step you …

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Make your own plans for aged care

Make your own plans for aged care It can be tempting to put off thinking about aged care. When you’re busy enjoying life in the present it can be challenging to find the time or desire to think too far ahead. But the key to successful ageing is having a sense of control—and when it comes to control, planning ahead is essential. When’s the right time to start planning? Considering your aged care options …

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Live happier, Live Longer Positive Ageing tips from around the world

Live happier, Live Longer Positive Ageing tips from around the world By Dr. Timothy Sharp Dr. Timothy Sharp is an academic, clinician, coach and founder of the ‘Happiness Institute’. He is an Adjunct Professor at the University of Technology Sydney and at Melbourne’s RMIT University. Did you know, you are more likely to live an extra twenty to thirty years more – another adult lifetime – than your predecessors did, only two or three generations …