I find it difficult to avoid increasing awareness of economics nowadays. That’s especially true since I retired and our superannuation savings were flipped into income phase leaving us exposed to the vagaries of the financial markets. Being in the markets didn’t seem so bad while I was working and had an income stream adding to superannuation. Now things are running the other way and we need to be drawing enough to live on while hoping for enough growth to ensure that we can do that for as long as necessary. The market correction in late January was not what I was wanting to see so early in retirement.

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