Discover Top Financial Planners in Lake Macquarie: What Sets Us Apart – expert insights from Newcastle Advisors, a trusted financial planning firm serving Newcastle and Lake Macquarie.

Discover Why Newcastle Advisors is One of the Best Financial Planners in Newcastle – expert insights from Newcastle Advisors, a trusted financial planning firm serving Newcastle and Lake Macquarie.

Why we should plan to retire at 80, not 65.
For decades, Australians have worked towards the goal of retiring at 65. But what if that goal is outdated? With longer life expectancies, rising costs of living, and changing work dynamics, is it time to rethink retirement and plan for 80 instead?

The Reserve Bank of Australia (RBA) has finally delivered a 0.25% rate cut, offering some relief to mortgage holders and businesses struggling under high borrowing costs. This move was expected, given that inflation has been falling faster than anticipated and the economy has been running out of steam.

Most people think of financial advice as an expense. Something that comes with a price tag. But what if you flipped that mindset and saw it as an investment—one that delivers returns beyond just dollars and cents?  

We live in an age where our phones are practically glued to our hands. We spend hours scrolling, texting, emailing, and messaging—yet, when it comes to actually picking up the phone and making a call, many people hesitate. Especially among younger generations, the ability to communicate effectively over the phone is becoming a lost skill. But the implications go far beyond just social awkwardness.

Matthew McCabe, CEO of Newcastle Advisors, weighed in on the situation, stating, "While a rate cut could provide short-term relief to borrowers, the RBA needs to ensure it doesn’t fuel another inflationary cycle. Timing is everything, and patience may be the best strategy right now."

The PayPal Mafia represents one of the most remarkable examples of entrepreneurial success in recent history. This group of former PayPal employees went on to build or lead transformative companies like Tesla, LinkedIn, YouTube, Yelp, and Palantir. What made this team so exceptional, and what can you apply to your own career or business pursuits?

The biggest barrier to financial success is often ourselves. Staying in your comfort zone might feel safe, but it won’t lead to the growth you dream of.

Building wealth often requires short-term sacrifices for long-term gains. Skipping unnecessary expenses or prioritising savings now can mean a more comfortable retirement or financial security later.