Retirement, an uncertain market and the kid's future
"I’m suffering from a lack of confidence in my direction with investing at the moment! Now that I’m in my early 50s and with a teenage daughter, I’m thinking about how I make sure she can buy a house etc., as well as ensuring we have enough for retirement. I find this period really difficult to navigate – returns for low-risk assets are below inflation, the market looks pretty unstable and I find that I just end up doing nothing and have too much in cash."
This is a quote from a client in a recent email exchange when we were chatting about the market and what themes would be helpful to cover in articles.
As you can see, his question covers a lot of ground and, from my experience, reflects the concerns and objectives of lots of InvestSMART investors. Most of us have multiple financial aims and worries on our minds and how we balance those can be tricky. We believe most problems can be solved by going back to our investment fundamentals.
To tackle this question, we have broken it down into sections and provided articles to help answer each. If you have something on your mind, you would like us to help with, please comment on this article or email us at invest@investsmart.com.au.
"I’m suffering from a lack of confidence in my direction with investing at the moment!"
Five ways to boost your investment confidence
"Now that I’m in my early 50’s and with a teenage daughter, I’m thinking about how I make sure she can buy a house..."
Helping the kids on the path to home ownership
5 ways to start investing for your kids
Should mum and dad help me buy a house?
"...as well as ensuring we have enough for retirement."
Weighing up the latest on what's needed for retirement
Retiring well in volatile times
Planning for volatility when you're retired
Three simple ingredients for building wealth
"...the market looks pretty unstable & I find that I just end up doing nothing and have too much in cash."
An investment strategy for difficult times
Upcoming Webinar
And finally, make sure you tune in to our live webinar with Evan Lucas and Tom Wilson on Tuesday, 8 November, at 10 am AEDT. They will break down this question further and answer your questions live. Click here to register for the webinar.
Frequently Asked Questions about this Article…
Boosting your investment confidence can be achieved by revisiting investment fundamentals and educating yourself on market trends. Consider reading articles that provide strategies and insights to help you feel more secure in your investment decisions.
Helping your kids on the path to home ownership can involve starting early with investments specifically for them, understanding the housing market, and considering whether parental assistance is feasible and beneficial.
Starting to invest for your kids can be done by setting up dedicated investment accounts, choosing low-risk assets, and educating them about financial literacy to prepare them for future financial responsibilities.
Parents considering helping their children buy a house should weigh the financial implications and ensure it aligns with their own retirement plans. It's important to have open discussions about expectations and responsibilities.
For a secure retirement, consider the latest retirement needs, plan for market volatility, and focus on building wealth through diversified investments. It's crucial to regularly review and adjust your retirement strategy.
Planning for market volatility in retirement involves diversifying your investment portfolio, maintaining a cash reserve for emergencies, and staying informed about market trends to make informed decisions.
If you find yourself with too much cash during unstable market conditions, consider developing an investment strategy that balances risk and return. Diversifying your investments can help mitigate risks associated with market volatility.
To learn more about investing in uncertain markets, consider attending webinars and reading articles that provide expert insights and strategies. Engaging with financial advisors can also offer personalized guidance tailored to your situation.
Call 1300 880 160
Start a chat
Schedule a call
