• Money Matters,  Retirement

    Royal commission into the financial services industry

    The Royal Commission into the financial services industry has uncovered serious dishonest behaviour by the banks, financial planners and other financial institutions. The fraudulent behaviour in the financial services industry is very disturbing. Charging people a few years after they have died; poor advice from financial advisers; falsely witnessing signatures and so it goes on. As of 27 April 2018, the Commission has received 4501 public submissions. The worst offender out of the big four banks is the Commonwealth Bank of Australia (CBA). Now it has just emerged that the CBA lost statements linked to 20 million customer accounts. While CBA has assured customers, their personal information has not been…

  • Life Day By Day,  Retirement

    Tick-Tock, Tick-Tock to 2018

    Tick-Tock, Tick-Tock, all our clocks have ticked over to 2018. At least, for all of us who have a clock that goes Tick-Tock! It only seems yesterday when we were waiting for the clock to tick over into the year 2000. The Latin statement stat pro tempore nemo adhuc is so true. The words translate as time stands still for no one. Time keeps moving forward, the same number of hours in the day, seven days a week. Greenwich Mean Time (GMT), the local time at Greenwich, London, has been used as the basis for calculating the standard time in various parts of the world since 1884. From 1884 up until…

  • Health Matters,  Retirement,  Socio-Political

    The Naked Retiree, Depression and the Mediterranean Garden

    The Naked Retiree, getting older, tired and depressed should now be creating a Mediterranean Garden. There is more than one reason that the naked retiree must get out in the garden. Already, many retirees have felt the heavy hand of the Federal Government changes to the age pension. That is, those that have less in their pocket. A few naked retirees have a little more, but not much more! Around 170,000, to be more precise, will receive $30 more in their fortnightly pension payment. Though for many of those, this small “leg up” will not make much difference when many are already living on “struggle street”. There are hundreds of…

  • Life Wise Hints,  Retirement

    The Naked Retiree…..develops resilience

    In my last post, I wrote about the changes to the age pension and retiree’s needing resilience. The world around us is changing and not all for the better particularly with the cost of living.  The Australian Farm Institute tell us that Australian consumers are facing increasing food prices. The article confirms my experience that beef is expensive. Fruit and vegetables will also cost us more due to demand for local supply alongside export demands. Read more about the expected price hike on food here. The naked retiree needs resilience and resourcefulness to live with a declining income and an increasing grocery bill. We can all show our resourcefulness by…

  • Life Wise Hints,  Retirement

    Retirees down in the dumps

    There are many retirees today who are “down in the dumps”. This could be due to financial, health, relational or emotional factors. I read another blog earlier this week about the experiences of a man (let’s call him Dave) who retired from a “high level” government job. His job was his passion and at his own admission his identity was tied up in his job. After a year of retirement he could not cope and found another job. After a while he discovered that was not working for him either. Dave does not want to get involved in retirement activities such as learning to play a new instrument, learning a…

  • Life Matters,  Life Wise Hints

    Scams –seniors beware!

    The world is changing and while there has always been someone around to swindle someone out of something we now have to “watch out” for the online scam. I am very conscious of suspicious emails and have a habit of warning others and yet it happened to me! Yesterday I got an email from one of my energy providers. The email looked legitimate and I did not give it a second thought that the email could be a scam. By a scam I mean someone is trying to get access to my computer, gain my personal details and engage in identity fraud. The email turned up in my junk mail. This…

  • Life Day By Day

    Reading a book

    It has been some time since I have read any fiction. However, in the last month I was browsing in a book exchange and a book caught my eye. It was a novel titled ‘The Hunter’s Wife’ by Katherine Scholes. I enjoyed reading the book which is set in Tanzania. Since then I discovered that Katherine Scholes who spent the first 10 years of her life in Tanzania is an accomplished Australian author. The ‘Hunter’s Wife’ is only one of her books that became an international best seller. There are other books that she wrote that I must now read. In the meantime, I am reading “The Pianist’ by Wladyslaw…

  • Life Matters,  Retirement,  Socio-Political

    Older and bolder…

    According to the Australian Government’s Intergenerational Report 2015 our population is getting older. Yes, we are all getting older, but are we getting bolder? As older people are we brave and fearless as we face the future? In Australia we have the longest life expectancy in the world. It seems that my “One & Only” (O&O) and I can live well into our nineties therefore we need to plan for the future or at least prepare for it as much as we can. But how much can we do in the here and now? And will we have others to help us in 10 or 20 years down the track?…

  • Life Day By Day,  Retirement,  Socio-Political

    Times are a changin’

    The times are a changin’ for me and my “One & Only” (O&O). We made the decision to downsize and it has come to pass. No longer are we custodians of about 3 acres of land. As much as we like space around us we decided that in our retirement years a smaller block of land and a smaller house would be ideal. Yes, the times are a changin’ and we find ourselves in suburban Toowoomba. We have already transitioned from one place to another and now in transition from one home to another. We love Toowoomba and all it has to offer. I grew up in Toowoomba. We have…

  • Life Day By Day

    Retirement bliss

    Retirement is such a great time of our lives and I can certainly refer to it as retirement bliss. No longer do I have the routine of the daily grind, going to the office and wading through countless emails, many which were FYI (for my information only). It seems there is a great amount of FYI going on these days. When I remember back to working in the 1980’s for the public service every piece of information was by “snail” mail. It had to be shared and this did not happen quickly. There were even occasions when some employees thought that they were intentionally being kept out of the loop.…