Forget the 4% Rule: Why Retirees Should Spend Even More Conservatively
Earlier this month, I detailed a conversation I had with Bill Bengen, the creator of the 4% rule…
Panadol Osteo and substitute drug hit by national shortage forcing user to ration pain medication
“I’m trying not to be stressed,” Speary said. “I‘ve got enough painkillers to last me for a week,…
DA, DR hike: Dearness allowance for pensioners — Dearness Relief calculation, eligibility, explained
Pensioners in India include the retired government employees who are eligible for individual or family pension from the…
Why taxing a shrinking pool of workers more isn’t the way to pay for our ageing population, ANZ chief economist Richard Yetsenga argues
He believed it would be difficult for governments to keep taxing a shrinking pool of working people (as…
Playing It Safe at 73 With $1.6 Million Could Cost This Single Retiree $340,000 Over a 20-Year Retirement
Quick Read An 80/20 bond-heavy portfolio earns only ~2% real return, leaving a 73-year-old retiree roughly $340,000 worse…
62-Year-Old Retiree’s $2.4M Portfolio Could Drop to $1.1M by 80 in the Wrong Market
Quick Read A retiree starting withdrawals during the 2000-2002 crash would have seen their $2.4 million portfolio drop…
Retirees Are Realizing a $2 Million Nest Egg at 65 Only Means $42,000 in Real Annual Spending After Inflation
Quick Read A $2 million portfolio supporting a 65-year-old single retiree generates roughly $42,000 in real annual spending…
What Retirement Really Looks Like at 71 With $1.1 Million After Three Years of Sequence-of-Returns Damage
Quick Read A retiree who started with $1.5M and planned $60K annual withdrawals now faces a 27% income…
Guardians of Gold collapse: Tauranga retiree spends nearly $10k trying to get gold bar back
Liquidators BDO Tauranga were appointed on August 29, and receivers Waterstone Insolvency were appointed on September 2. The…
That $95,000 Retirement Income Only Looks Stable Until Year 15 When the Pension Runs Out
Quick Read A 65-year-old retiree with $95,000 annual income faces a 32% drop at age 80 when a…
Rotorua retiree walks 707km from Cape Egmont to Māhia Peninsula, raising over $10k for charities
After completing the 3000km Te Araroa Trail and a South Island coast-to-coast trek “for fun”, Murphy said a…
Hiltzik: A new Social Security proposal would cap benefits, but why?
How worried are America’s wealthy about the possibility they’ll be hit with a higher tax for Social Security?…