The Life Finance Blog is a blog which seeks to explore, educate and elucidate our understanding of financial issues in living the life we want.
Put simply, our financial journey in life is about saving enough, investing wisely, and withdrawing sustainably. Sustainable withdrawals needs to address our goals of being able to have an income live a dignified life, paying for healthcare, and also leaving a legacy or our loved ones. Clearly, conflating these goals together, for example by having a common pot of limited resources to draw upon tends not to be able to address each of these goals well.
Unlike the topics of savings and investment, which have the focus on the efforts in enhancing financial literacy, the science of retirement financing is much less well understood, and has only blossomed in the last 20 years or so. Unfortunately, this is still very much confined to the academic sphere, with very little trickling down to the financial products available for the financing our life journey. So in this respect, we hope to shed more light on these new ideas and in the process, help to hasten the adoption of these ideas into financial products and solutions for retirement.