OverviewWith Australia's ageing population and increasing life expectancy, issues such as how to fund retirement and the most suitable and appropriate options for retirement and post retirement living have become challenging issues for which many people will need to seek the advice of advisers. Retirement and Aged Care Living 2016-17 is a practical guide for financial advisers and covers topics such as longevity, ensuring the adequacy of retirement savings, the treatment of superannuation, the transition from the accumulation phase to the retirement income phase, the aged care reforms and the interaction with the social security system. The authors have drawn on their extensive experience to pull together practical explanations of the relevant topics, supported by many worked examples, practice points, tips and checklists. What's New Includes a new chapter on estate planning Covers the 2016-17 Budget announcements and their impact on those in or near retirement Includes the recommendations from the Retirement Income Systems Review Provides updates to the topic of building adequate retirement savings Details the changes to the Age Pension assets test The book focuses strongly on practical retirement and aged care issues, and includes useful tips and case studies, as well as checklists and examples. Retirement and Aged Care Living 2016-17 is current as at 2 October 2016. Retirement and Aged Care Living is available on Thomson Reuters' Checkpoint online platform (updated two times per year), and is also available as an eBook on the Thomson Reuters' Proview eReader.