Earlier this year, Alondra Residences hosted a seminar by Noel Whittaker, also known as the Finance Wizard of Oz! Having made his name as one of the world’s foremost authorities on personal finance, Noel joined the Alondra community for a morning tea event covering retiree financial advice. His insights have supported retirees in navigating the financial challenges and opportunities facing older people for decades.
Alondra doesn’t believe in curated lifestyles, but rather wants to provide you with the freedom to live well. Financial literacy is a crucial part in helping you retire your way and giving you the freedom to own your lifestyle.
From his Action Plan to Commandments, Noel’s financial advice offers simple and actionable steps, and with plenty of freely available resources to support you and your loved ones during the exciting transition to retirement.
The 20 Commandments of Wealth for Retirees
The 20 Commandments have been a source of guidance and inspiration for older people decade after decade. By providing a step-by-step guide to managing wealth and managing the experience of ageing, Whittaker’s commandments comprehensively cover the key points retirees need to be mindful of. These commandments offer kernels of wisdom, from advising retirees to ignore the prophets of doom to reminding them of the importance of judging an investment on its merits. In these guidelines, retirees can find support in the emotional and logistical obstacles that come from retirement and wealth.
Noels Action Plan
The Action Plan provides nine actionable steps to begin navigating retiree finances. This plan was created to provide a simple starting point to begin this life change. By breaking down these steps, including listing financial assets and financial debts, Noel’s Action plan narrows in on the area’s most important for you to consider.
Beyond the step-by-step plan, Noel provides recommendations of additional steps that can offer support during this time. This includes the importance of finding financial buddies and finding a community of like-minded individuals also navigating this time.
Website Resources: Calculator and Charts
Noel’s website offers numerous freely available resources which can offer guidance and insight until then. The range of calculators available to you offer the ability to calculate retirement finances, with reference to income and assets, as well as stock market calculators and gearing calculators. These tools can help as you work through Noel’s guides and help you conveniently work out the information you need to make decisions. The downloads include the Pension Rate Chart to help you predict your expected pension, as well as documents such as the Making Money Made Simple exam, which can test the knowledge you’ve gained from this work.
Join Us For Our Next Event
If you are interested in joining the next Alondra event, contact Alondra Residences for more booking information and receive the latest details.
