Is it possible to spend too much time together in retirement and can this have a negative impact on our wellbeing? This is a topic that came up in a recent discussion with a good friend and Financial Planner, Christie Spence and rather than let the discussion slide, I switched into interview mode to understand her perspective having worked with clients preparing for retirement for over 15 years. In this article we explore a challenge that many couples experience when embarking on retirement – working out how to be together in life after work, and Christie shares her suggestions for navigating this transition successfully.Read More
It’s a theme that comes up with some regularity as I work with women to prepare for the transition into retirement- women who have great plans for retirement but just don’t know if or when they’ll be able to afford those dreams. They want to be able to write that novel, travel the world or retire early, but when I ask “what’s stopping you” they admit that they have no idea what their financial position is. Not only that, but these women seem to avoid finding out. Perhaps they fear confirmation that they will need to keep working or perhaps they don’t know where to get informed advice.
The challenge is that until you know your numbers, it’s difficult to take meaningful action. Knowledge is power and understanding your financial situation can only help to increase your financial confidence, your sense of optimism about your future and your ability to achieve a fulfilling and meaningful life after work.Read More
It’s an interesting thing. A number of women I speak with are worried about not having enough money to live comfortably in retirement and yet don’t know what their financial position is. They don’t know what is possible and whether they are under or over-estimating their fears. It’s no wonder there can be a sense of anxiety about transitioning into retirement! With this in mind, I sat down with Michelle Millsom, Authorised Financial Advisor and Director at Watermark Financial Services to find out what we, as women, can be doing to set ourselves up for our most financially comfortable retirement.
If a lack of financial awareness is niggling away at the back of your mind, read on as Michelle shares some great advice.Read More