It’s a tough time for seniors today. With rising living costs, a raft of pension changes and longer life expectancy rates. Noel chats about these challenges and what you can do to live a more comfortable lifestyle for today and into your future.
What's the biggest challenge facing seniors today?
Many seniors are struggling to fund a comfortable retirement. Have you crunched the numbers on what you can afford to do next? Here’s some other number crunching we’ve done for you:
- Income: Are you intending to retire soon? The Australia Bureau of Statistics (ABS) data reports only 13% of Australian’s over 65 are still working. Are you in an occupation or a workforce that will support you a little longer if you choose to?
- Superannuation: Four out of five seniors have less than $100,000 in superannuation
- Pension: The age limit to access the pension is rising and with the average age pension now sitting at $36,301, the ASFA Super Guide tell us it’s just over half what the average Australian couple needs to fund a comfortable retirement ($61,061)
- Mortgage: Current ABS data showed 82% of older Australians own their homes outright with no mortgage, which is great news for downsizers looking to access equity to fund their golden years!
- Investments: Roy Morgan’s Wealth Report says a slowing economy leads to diminished superannuation and investment balances for Australians heading towards retirement. Traditional estimates of the amount required to retire were not designed for near 0% interest rates.
Find out what Noel Whittaker has to say about the big challenges facing seniors today and how you can make a move to living a more comfortable retirement.
If you would like to find out more about why people are making the move to Ingenia Lifestyle, pop in for a tour or attend one of the upcoming events at your preferred Ingenia Lifestyle community.
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Burpengary East, North Brisbane (QLD)
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Bethania, Logan (QLD)
The team at Ingenia Lifestyle Bethania are making arrangements for their next event – call 07 3186 8675 to make sure you are on the invitation list. You can also arrange for a tour of the thriving community. You’ll love it!
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Chambers Flat, Logan (QLD)
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Hervey Bay, Fraser Coast (QLD)
Visit our sales suite at Shop 11, Urangan Central Shopping Centre. Meet the team and find out more about this exciting community in development. Make sure you get on the invite list for the next event being planned.
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Woolgoolga, Coffs Harbour (NSW)
The team at Plantations by Ingenia Lifestyle Star Collection is arranging their next event. Give them a call on 048 714 021 to make sure you are on the invitation list! You can also arrange for a tour of the amazing luxury community in Woolgoolga.
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Port Stephens, Newcastle (NSW)
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South West Rocks, Port Macquarie (NSW)
The team at Ingenia Lifestyle South West Rocks would love to add your name to the invite list for their next event. Call 0436 671 048 today – you can also arrange for a tour of this thriving community. You’ll love it!
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Lake Conjola, South Coast (NSW)
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Albury (NSW)
The team at Ingenia Lifestyle Albury would love to add your name to the invite list for their next event. Call 0459 955 122 today – you can also arrange for a tour of this thriving community in Lavington. You’ll love it!
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Cessnock, Hunter Valley (NSW)
The team at Ingenia Lifestyle The Grange would love to add your name to the invite list for their next event. Call 0436 671 048 today – you can also arrange for a tour of this thriving community in Cessnock. You’ll love it!
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Lara, Geelong (VIC)
The team at Ingenia Lifestyle Lara would love to add your name to the invite list for their next event. Call 0491 229 257 today – you can also arrange for a tour of this thriving community. You’ll love it!
Ingenia Lifestyle is a leading developer of over 55s lifestyle communities located across the east coast of Australia. We create communities, places where you feel a sense of belonging and independence to unlock more fun and freedom for your future.
Our innovative land lease ownership model enables downsizers to purchase a brand new home and lease the land, offering a more affordable upfront price point. There’s no stamp duty to pay and no exit or deferred management fees allowing residents to keep 100% of any capital gains and more money in your pocket.
The information from Noel Whittaker is provided by Ingenia Lifestyle to help you to make an informed decision and enjoy more from your retirement lifestyle. We believe you will find it helpful and hope you’ll subscribe for invitations to events and updates from Ingenia Lifestyle.