Growing older means less time to recover from market crashes but ultra-conservatism carries its own risk.
Retirement spending is a bit of a maze to wind yourself through, but having confidence is key to living a life with lower financial anxiety. Simon Letch
The fear of running out of money – known as longevity risk – or experiencing a market crash in the first few years of retirement – sequencing risk – are persistent anxieties among would-be retirees.
But there are other, less obvious risks, too. Take, for example, the growing incidence of grey divorce. Splitting the family home, superannuation and other assets can significantly erode the financial security of both parties.
Joanna MatherWealth editorJoanna Mather joined the AFR as an education reporter in 2008. She spent four years in the Canberra press gallery before becoming superannuation reporter in 2016, deputy news director in 2021 and wealth editor in 2023. Connect with Joanna on Twitter. Email Joanna at jmather@afr.com
