Recently there has been much comment about the 'savings shortfaIl' that many Senior Australians can expect to be faced with in their retirement. The issue has become an increasing focus of many in society, including the Govemnent, Senior's organisations, seniors themselves and their families. The media is challenging the issue with increasing frequency, and there is much debate in the community as to how best manage the issue.
There are a number of options available to seniors, their famlies and professional advisors to consider.
These may include: