Longer lifespans and higher inflation may lead to retirees being caught short of income to fund the full term of their retirement.

More than half of Australians do not have the savings and assets required to have a retirement income of $60,000 according to a new survey.

Advisers need to ensure their clients have satisfied the legal definitions of retirement before embarking on any drawdown-phase strategies.

Increases in the prices of petrol and health insurance were key drivers in a rise in the cost of living for retirees in the June quarter.

The coronavirus has had a significant effect on Australians’ retirement planning, with many believing they will have to stay working for longer.

mSmart has updated its retirement modelling tool to factor in the impacts of downsizing, reverse mortgages and broken work patterns.