Is using a TTR the best of both worlds? The days of an abrupt end to full time work, suddenly facing seven days a week of leisure are becoming a thing of the past for many older Australians. Yes, there are unforeseen life events like sickness or retrenchment which can...
Need a retirement top-up? In today’s Jargonbuster we look at the different types of home equity access. This is a complex topic as there are many different types of home equity available for retirees – and each type varies in features, upsides, downsides and the...
The detail you need to know Last week’s Federal Budget included a significant change to the rules regarding decumulation. In particular, how much money you are allowed to draw down from your super account post July 1, 2022. These changes have raised a lot of questions...
The recent significant changes to Age Pension rules and rates have firmly renewed the focus on retirement income affordability. But in the push to fully understand every aspect of retirement incomings, we run the risk of missing the other half of the equation – and...
On International Women’s Day last week, a flood of statistics about gender inequities were shared. It’s fair to say that overall the financial situation for women is slowly improving. But it’s also true that most indicators are coming off such a low base, anything but...
There are two different ways to understand the concept of ‘financial hardship’: The official definition which is used by government agencies to assess whether you are eligible for extra or emergency support or special eligibility consideration. The unofficial, more...
