MLC Market Watch

On Thursday 4 December, MLC hosted an online discussion for people in or approaching retirement. Here, MLC’s Head of Technical Services, Andrew Lawless, tackles the super and pension questions the panel didin’t manage to get to in the webcast.

A number of commentators suggest people previously considering retiring shortly should remain working now for a number of years – does this make sense when taking into account how long most people will be retired for, and how share markets should perform over the long term?

If the sharemarket performs exceptionally well, then any reduction in your account balance could be restored without needing to stay in the workforce and save more. However, no one can predict when the sharemarket will rebound and how strong its performance will be. If, therefore, you have the opportunity to continue working and save more from your income, this could be a prudent strategy. This could be reviewed depending on future market performance.

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MLC’s first live webcast aired on Wednesday 12 November.

Our panel of experts spent 30 minutes discussing the most pressing issues around super, pensions and investments.

They then invited viewers to submit their own questions for the panel, and answered them for the next hour.

The response was overwhelming. Answers to questions our panel didn’t manage to get to will be available here shortly.

Watch MLC’s live webcast now.