Using stochastic modelling to provide confidence to spend in retirement
Retirement strategies
Approaching retirement should be an exciting and rewarding phase of life as older Australians prepare to enjoy free time away from the pressures of work. Instead, many retirees spend the time approaching and during retirement worrying about money. What can they afford to spend, how long can they afford their desired lifestyle and how much will be left for their beneficiaries? Professionals working with clients approaching or in retirement can play a significant role in helping to provide a retiree with confidence about their retirement....
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