With yields at historic lows, Australian retirees have a problem.
Funding ASFA’s $60 thousand per year recommended “comfortable retirement” at current 5-year government bond yields would require an $8.6 million portfolio.* Retirees and their advisers must now confront the risk that low yield and low growth retirement options may fail to generate enough income to fund a comfortable retirement.
With ~3 million** Australians approaching retirement in the next ten years, what strategies exist for advisors to navigate this unprecedented environment?
Join Will Baylis, Portfolio Manager at Martin Currie, and Michael Elsworth, Executive Manager – Investment Consulting at Lonsec, for a live discussion on the following topics:
- What is the “Retiree Problem” and how to solve for it
- The key attributes for ensuring a “Sufficient Income for Life”
- Deep dive into the Legg Mason Martin Currie Retirement Income solutions
- How Lonsec strategically frames retirement portfolios