Interesting Times article. I would suggest increasing your estimated expenses after state pension some 25% to cushion unexpected costs if I'll health/care costs. Most people estimate retirement expenses purely based on their current spent and health level, forgetting "age tax" we all pay to some extent.
I see these same worries daily among Indian salaried professionals — medical inflation, children's education, and the belief that a home purchase is retirement planning.
It's rarely the pension system that scares them; it's the unknowns of health costs and family obligations.
Our boys are 27 and 28 now and have now “left home” very recently. I am grateful that they have invited themselves to come and stay next week and we will have a laugh with all our in jokes and shared history. We are all navigating the new relationship where they don’t “expect” us to pay for everything and do their washing lol.
Interesting Times article. I would suggest increasing your estimated expenses after state pension some 25% to cushion unexpected costs if I'll health/care costs. Most people estimate retirement expenses purely based on their current spent and health level, forgetting "age tax" we all pay to some extent.
I see these same worries daily among Indian salaried professionals — medical inflation, children's education, and the belief that a home purchase is retirement planning.
It's rarely the pension system that scares them; it's the unknowns of health costs and family obligations.
Your survey would be fascinating run here.
Our boys are 27 and 28 now and have now “left home” very recently. I am grateful that they have invited themselves to come and stay next week and we will have a laugh with all our in jokes and shared history. We are all navigating the new relationship where they don’t “expect” us to pay for everything and do their washing lol.
Hi Bec
Is it possible to get Aussie content only