News

The cuckoo in the empty nest: would you downsize at 55?

The cuckoo in the empty nest: would you downsize at 55?

I have never welcomed the term ‘empty nester’, although now we are all being wooed by a Coalition promise at the 11th hour of the election campaign. The carrot of superannuation breaks is being waved to encourage more of us to downsize our homes and make more room for younger families. The election promise is to lower the age by ten years to allow you to tip the benefits from selling a bi... read more>
60 and not out: How to celebrate birthdays as we get older?

60 and not out: How to celebrate birthdays as we get older?

A recent experience with an adult birthday party made me wonder how best to mark such occasions when getting to fifty and above. Last weekend, I went to an old pal's sixtieth birthday party, and it wasn't obvious she wanted to celebrate this particular coming of age. We were asked not to bring presents; there were no candles on the cake and please no singing of 'Happy Birthday' either. ... read more>
What’s your best piece of advice for someone starting out (whether they want to hear it or not)?

What’s your best piece of advice for someone starting out (whether they want to hear it or not)?

This was a recent headline in Australia’s most popular satirical newspaper.  When it appears you bought your house for peanuts, how to best advise younger people about coping with the rash of higher prices, and not sound patronising? It's a dilemma highlighted with a cash rate increase for the first time in eleven years and many feeling the pinch and growing uncertainty of their world. ... read more>
Would you fall for these scams?

Would you fall for these scams?

One of the cruel ironies of financial scams is that we like to think only suckers get stung, and we'd never fall for the trickery, especially with a few extra years of experience. Sadly, think again - there's research from the US which suggests over 65s, even with no cognitive decline, can suffer from what's called age-related financial vulnerability. "We are learning that there are chang... read more>
What’s the wackiest thing you ever bought at Aldi?

What’s the wackiest thing you ever bought at Aldi?

To some, it is known as the aisle of shame, to others merely the “middle aisle”. But to most, it is the mecca of impulse buying and surprises in an otherwise highly predictable supermarket. I suspect many FiftyUp Club members may keep more than a fleeting eye on the unlikely bargains which pop up ever so fleetingly at Aldi stores every Wednesday and Saturday from 8.30 am. Sometimes there’... read more>