David C Orford

@michaelobrienmp We had more deaths per million than other States although we were the most lock up State in apparently the World. Why?

Do you think - during COVID lockdowns - that Labor had 1 rule for their mates? Then another rule entirely - even for dead children and their grieving families?

@RCHConsolidate @dcjretiresecure @ThomasPHawkins @401kspecmag Reproduction rates are falling rapidly. This means younger people will be taxed out of the minds. Why should they pay for older dummies that didn’t adequately provide for their own retirements. Dummies who are living longer and longer as they are using gene altering techniques!!

The Accelerating Adoption of #AutoPortability: A Market Adoption Theory Perspective by @ThomasPHawkins @401kspecmag bit.ly/3CAxWzP

@RCHConsolidate @dcjretiresecure @ThomasPHawkins @401kspecmag Super Stream in Australia does all this while we are asleep I.e. untouched by human hands. The benefit to our country is to reduce the leakage of money out of the system - thus reducing people’s retirement benefit, making them more likely to fall back on government support !!!!

The benefit of buying means no rent payments in retirement - so is effectively a significant lifetime inflation- linked income stream. Security of tenure in a variable rent increasing environment also prevents homelessness.

@SuperGuide_au Great news - increases amount and duration of retirement income - for the rest of life. Pity we cannot take the balance with us.

By using a combination of #superannuation account-based pension and lifetime income product, retirees may be able to boost their Age Pension. superguide.com.au/retirement-pla…

@JohnRalfe1 It is a matter of equity. Everyone ought to pay for their own pensions - rather than expect our children to pay for them. Most people want to leave a legacy for their kids - not leave them debt in the form of unfunded pensions. It can be called InterGenerational inequity.

Pls explain how funded public sector pensions would be cheaper than unfunded...

Best investment the USA will ever make to reduce taxes that would otherwise be required in future to fund the government’s commitment to future generations of retirees. Each person should save themselves from inadequate lifestyle in their retirement - by saving more from now on.

You will win a hard copy for free if are one of the first 5 people to let us know how many times I mentioned former Senator Nick Sherry in my recent Ensombl podcast on this topic !!!

@RetirementQuant @WSJ If you were, you’d be aged 160 years by now - leading to adjustments in the Life Tables

Unfortunately the Cohort longevities aren’t published in the Australian Life Tables but we’ll publish them soon. Misleading conclusions would be reached if Period alone was used. See our article “You’ll live longer than you think”

Our Podcast throws more light on the thinking needed of financial advisers to understand the benefits of investment-linked lifetime products. One lawyer said that if a longevity product wasn’t included in the recommendation, then they weren’t acting in a member’s Best Interests

Legislation was changed by Kelly O’Dwyer years ago resulting in several new product types increasing the choice of strategies at retirement.

The super system needs to ensure retirees don’t run out of money - as that humiliation to the retiree and costly to taxpayers by way of financial support

A reminder to superannuation funds working on improving their retirement income strategies... #thursdaythought #Retirement #RetirementPlanning #RedesigningRetirement

Retirees under estimate their longevity at retirement age and over estimate is around age 100. However I’m going to live forever. You?

This has been a world-wide trend. We all need a balance between paid work e.g. 45 years and paid period of retirement e.g. 18 years. To maintain the 40% ratio, we need to automatically increase retirement ages as longevity increases

Happiness is increased as the fear is eliminated as retirees can better plan/budget the activities that make them happy. “Play hard - Life is short” for retirees - relatively speaking and in reality. Investments can be changed by retirees - to further enhance their lifestyles.

@ConsumersSuper There is NO EXCUSE for not paying claims quickly. A deceased person probably has a claim. Disabilities are harder to assess. We used STP - Straight Through Processing for claims when we administered ING DIRECT’s Living Super !!!

Australia's first Superannuation Minister Nick Sherry is among those calling for a review of insurance in super. bit.ly/46FJeMR

@ConsumersSuper Most people need some cover but most of these don’t take it out on the basis that “I’m not going to die or become disabled” Statistics show this is not the case. Members and their dependants need protection against this short-sightedness - for their own good.