Noel Whittaker's Blog
By Noel Whittaker
With Christmas almost upon us it’s unlikely your thoughts today will be focused on finance. Therefore today let’s have some fun and recognise those who have made unique contributions to the world of money in 2020. Rio not so grande The standout contender for the Naughtiest Kid on the Block award is Rio Tinto the …
How much money do we need to retire? This is one of the questions I’m frequently asked. There is no simple answer – people’s spending habits vary enormously, and a heap of variables, such as how long you will live, and the state of your health, come into play. Even so, it’s worthwhile doing some …
Shares are one of the best long-term investments around. No other investment offers the tax benefits of shares, or the ability to sell quickly in whole or in part. However, this flexibility has a downside – it gives “investors” the ability to get out quickly if they don’t stay the course when the market has …
Last Tuesday the Reserve Bank acted dropped interest rates even further. To make matters worse for retirees, there are hints that the next move is more likely to be down not up. Consequently, I have been receiving a flood of emails from readers asking where they could find the best bank interest rates on their …
Aged care is an incredibly complex topic. Today I will try to simplify a key aspect of it for you: your options for paying up-front or ongoing fees for your accommodation. When moving into aged care, most people will pay the market price for their accommodation, or negotiate a lower price. Retirees with limited means …