Australian society is witnessing the greatest intergenerational transfer of wealth ever seen. According to McCrindle Research, an estimated $3 trillion will be bequeathed to adult children over the next two decades. We don’t all have parents like the driven,...
By the time you read this newsletter new Work Bonus rules will be in place. Will you benefit from this? And if so what does this mean for your entitlements? Today we have a handy facts sheet on rules about income limits including employment earnings. The way...
Meet Steven Sadler We call Steven our Retirement Essentials’ Guru for many reasons. We recently interviewed him so you can understand why he got this name. It’s the first of four interviews with our advisers Megan, Nicole and Sharon and Steven, who is Head...
The Age Pension remains the backbone of Australia’s retirement income system. It was first legislated in 1908 when life expectancy for men exceeded the pension age of 65. Women were only added to these entitlements two years later, but could qualify...
If you are worried about the effect rising energy prices are having on your household budget, you’re not alone. Research from the Energy Consumers Australia confirms that a majority of Australians (56%) believe energy will be unaffordable within three years....
Everything you need to know You may be one of the 70% of older Australians who receives a full or part Age Pension or a DVA payment. If so, here’s a handy summary of Centrelink availability over the coming Christmas and New Year holiday period, with all...
This past week, a casual conversation with adviser, Megan Marshal, totally nailed the difficulty of managing retirement income. ‘Understanding the rules is the hardest thing for most people’, Megan said, ‘Particularly making connections between the...
It’s estimated that many retirees who have delayed applying for the Age Pension are missing out on an average total amount of $69,000. We highlighted how this had happened to Geoff in August. The reason that he had missed out was that he was initially a self...
How and when should you commence an income stream from your super as you move towards retirement? Starting an Account-Based Pension (ABP) is a major step in anyone’s retirement journey. Getting the timing right is very important. So too is judging the...