Richard Gordon's personal blog

Serious discussion about your financial position now - and in the future.

LIFE STAGES SUPER – SOUNDS GOOD BUT DOESN’T STACK UP

There are a number of super funds built on the concept of “life stages”.

This means that the fund is heavily invested in growth assets such as shares and property when you are in your younger age. As you get closer to retirement, the mix of investments changes, and shifts more towards low volatility and low yielding things such as cash and fixed interest funds. Hence, the fund balance changes as you go through different life stages.

- There is a superficial appeal to this approach.

...
Continue reading
279 Hits

Five Things To Do Before You Retire

Retirement is one of the major lifetime events. Like lots of important events, proper planning is an important key to success. Finance is not the only area, but no doubt it is an important one.

So what should you do to prepare your finances for life after retirement? Here are 5 things to get you started.

1. PAY OFF DEBTS BEFORE YOU RETIRE.

...
Continue reading
806 Hits