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Articles on Retirement

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Mandatory retirement ages are still in place for the Australian judiciary. But this practice may be out of step with contemporary workforce needs. Dave Hunt/AAP

Why mandatory retirement ages should be a thing of the past

Mandatory retirement ages are mostly a thing of the past in Australia. Removing the last vestiges of this practice is one way to address the problem of Australia’s ageing workforce.
Suncor’s plant in the oilsands in Fort McMurray Alta. Divesting in fossil fuels can not only help combat climate change, but can also increase investors’ returns, according to a new analysis. THE CANADIAN PRESS/Jason Franson

Want a richer pension? Divest of fossil fuels

A recent study suggests that divesting in fossil fuels not only allows investors to address their climate change concerns, it also reduces financial risks and increases financial returns.
Studies are showing that loneliness can be deadly, even more so than obesity. (Shutterstock)

Loneliness could kill you

Loneliness shortens our life spans and some studies suggest it’s even more lethal than obesity. We are physiologically and psychologically primed for connection, so don’t shrug off your loneliness.
Add up all the neglected costs of downsizing and retirees have good reason to be wary of making the move. wavebreakmedia from www.shutterstock.com

Downsizing cost trap awaits retirees – five reasons to be wary

Retirees are often urged to downsize to free up suburban properties for the next generation and for higher-density development. What’s being ignored is the costs of moving into a unit or apartment.
Unlike shareholders, super fund members won’t have the same powers at AGMs to hold executives to account. Brendan Esposito/AAP

Giving you more say in your super? Not likely with these changes

Many of us barely glance at our own superannuation account balances, so it’s reasonable to predict that only a tiny fraction are likely to go to a super fund annual meeting.
Governments alone cannot bridge the gaps and support affordable housing for seniors. shutterstock

Social impact investment can help retirees get the housing and care they need

Any significant decline in home ownership or equity in a home impacts higher care needs: older people will not have an asset to sell to fund the bonds required to enter aged care accommodation.

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