Gear up for retirement
RETIREMENT - It's something we all dream about because instead of going to work every day we'll be able to relax and enjoy life.
And now a whole new generation - the baby boomers - is about to enter the golden age.
But are they ready for it?
Probably not, says the president of the Association of Independent Retirees' Far North Coast branch, Warren Rose.
That's why his organisation is hosting a public forum aimed at people who have just started retirement or are getting close.
Despite the name of the group, the event (and AIR membership) is open to all retirees, whether self-funded, semi-independent or on a full pension.
The event is called "Making the most of your retirement".
It will be held at the Ballina RSL Club's auditorium tomorrow from 10am-3.30pm.
"We'll have Mark O'Dwyer from Centrelink speaking about understanding your pension and retirement reality and investment choices," Mr Rose said.
"We've also got someone from RBS Morgans to talk about the investment market.
"Basically it's not putting all of your eggs in one basket."
Mr Rose, along with many AIR members, including Lennox Head residents Fred and Jill Goodman, agree that retirees were greatly affected by the global financial crisis.
Few, if any, are still completely self-funded.
"The idea of this forum is to try to acquaint new retirees with some of the challenges of retirement that AIR has been grappling with over the years," Mr Goodman said.
"We work to influence governments and lobby for equitable treatment. As far as our branch is concerned, we provide information, services and resources for our members.
"We also have a social program with various activities.
"So participation in AIR is a worthwhile exercise."
The forum, "Making the most of your retirement" is on at the Ballina RSL tomorrow, 10am -3.30pm.
Cost is $5 for morning tea, lunch and an information pack. For more information, phone Norma on 6686 5862.
TOP TIPS FOR RETIREMENT
Plan ahead: Secure capital for your future.
Get your will up to date and think about your power of attorney and health-care directives. Make sure your family knows what you want.
Don't let your work define the rest of your life, think about the lifestyle you want now.
Find something to occupy yourself in retirement.