Can I afford to have fun in retirement?
Not all leisure and recreational activities come with a price tag, but if they do, a bit of budgeting and planning could go a long way. If you’re in or approaching retirement, you may be prioritising things such as living costs, utility bills, health care and even helping the kids out with their future financial goals. With many Australians looking at a retirement of 30 years or more, another thing to give some thought to is keeping some money aside for your own pastimes and recreation. It’s important to think about, particularly as Australians are remaining active for a lot longer.