Retirement

When you embark on anything new, you are bound to make mistakes. But when those mistakes are in relation to money, they can have big implications. So how do you avoid those rookie mistakes when you start your retirement? The first step is to know the common mistakes others have made so you can learn from and avoid them.

The severe falls in global share markets in late 2018, after almost a decade
of strong market returns, led many investors to ask whether it was too risky to
stay invested in the share market during their retirement. If they did stay
invested, should they move to a strategy with less exposure to higher risk
investments, like shares?
As it turned out, markets rebounded in January, recovering most of their
December losses.
It’s normal to feel anxious about your investments when markets are volatile.
However, changing your investment strategy in response to market volatility
can have serious consequences for your wealth in retirement. We put
superannuation – specifically, account based pensions − under the
microscope and look at some of the lessons we can learn from the past.