Wayne Strandquist News Today

Why retiree savings and the spending habits of young adults are making it hard to curb inflation.

Whether it’s lavish overseas holidays with the family, or more modest travel destinations closer to home, there are retirement plans to suit every budget.

How retirees can overcome fear of outliving their savings by guaranteeing an income for life.

Experts warn most retirees do not have a clue about how much it will cost to fund a retirement lifestyle. Here’s how to start:

After stellar returns to June 30, leading fundies expect tougher times ahead. This is how they are tweaking their portfolios.

ACCC to look at why banks do not pass on interest rises in full to savings accounts.

CBA has thrown down the gauntlet to rivals, lifting the interest rate on an 18-month term deposit by 195 basis points, almost eight times the RBA’s cash rate rise.

“Brilliant” asset price gains over the past 12 months are not enough to allay growing fears about inflation and market volatility for retirees.

Annual inflation for “non-discretionary” items that retirees must buy is running at more than twice the rate of optional expenditure, such as leisure activities and alcohol.

Annual inflation for “non-discretionary” items that retirees must buy is running at more than twice the rate of optional expenditure, such as leisure activities and alcohol.