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  Venezuela tension heats up

  Duration 03:16

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  Aussie dollar surprises market

  Duration 03:10

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  Markets climb as investors watch US healt...

  Duration 02:31

This animated video illustrates for a balance of $500,000 how long you can expect your retirement savings to last depending on how much you will spend.  The assumptions behind the video is that your initial retirement saving is $500,000 the retirement savings are earning 8% p.a. and that the cost of living is running at 3% p.a.  By using simple multiplication to work out how long your retirement’s savings can last based on your expected spending and savings.

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Wealth Know How is the online network helping people manage their wealth through financial education. Whether you are looking for simple ways to better manage your cash, or you are after a complete strategy on how to save for retirement, we can help you understand your options. It is important to have a vision for your future, but its knowledge not dreams that will ultimately deliver financial success.