Growing older has never been easy. But this week I couldn't help wondering whether we've made it unnecessarily complicated. Health, aged care, pensions, super and even working in retirement all seem to involve more rules, more paperwork and fewer straightforward answers. Here's what caught my eye.
This week offered another reminder that certainty is becoming harder to find. From retirement tax rules to banking mistakes, pensions, housing and even practical advice, the goalposts keep shifting. Here are a few things that caught my eye.
A.I. Scamsters target us, super funds ignore us, hackers steal our medical records and aged care reforms have made things worse. Fortunately, there's also an over-70’s football World Cup on its way to Australia just to remind us that faster, stronger, higher is a relative concept
Spend forty years building a nest egg and suddenly everyone's got a plan for it. Fake bond salesmen. Your own kids. Buyer's agents with a deadline. This week we ask the obvious question: when did "looking after your money" become a competitive sport?
This week brought fresh questions about health insurance, aged care fees, retirement confidence and scams. Getting older was supposed to mean fewer surprises, but they keep coming.
Everyone wants a slice of your retirement. You spend forty or fifty years building a nest egg and suddenly scammers, banks, super funds and avaricious advisers all want a bite. If you don’t believe me, read what unfolded this week.
