Tough Times Ahead for Retirees

Tough Times Ahead for Retirees One of the key determinants of term deposit rates is the Official Cash Rate (OCR), which is the principal monetary policy tool used by the Reserve Bank to maintain price stability. Reducing the OCR has a stimulatory effect on the economy, as borrowers take advantage of lower rates to spend […]

Don’t Outlive Your Money

Don’t Outlive Your Money It is said the biggest financial risk anyone takes in their lifetime is the risk of running out of money before they run out of life. Everybody reaches the starting line for retirement in different financial shape. There are those with little in the way of savings because they decided to […]