Financial expert’s new book offers advice on retirement
■ As the baby-boomer generation prepares for a well-deserved retirement, financial commentator Nick Bruining has an important message: don’t panic.
A new book by Bruining, published by West Australian Newspapers, details why would-be retirees and people enjoying their golden years do not need as much money as they think they do to live comfortably.
The book, Don’t Panic: Why You Don’t Need $1 Million to Retire Well, explains in easy-to-understand language how retirement strategies are put together and how superannuation and investments work.
Bruining, a columnist for The West Australian’s personal finance liftout, Your Money, and a regular presenter on Channel 7 and ABC Radio and 6PR, believes the book will take the stress
DID YOU KNOW? out of retirement. “We can show how if you have $250,000 in savings, the interaction of your superannuation and the age pension means you can retire on $45,000 a year, indexed for life, without taking on terribly much risk at all, ” he said. ■ Don’t Panic is available at leading newsagents and book stores or can be ordered online at thewest.com.au/retirement.
Nick Bruining’s new book explains how retirement strategies are put together.