Did you give a sigh of relief when you finally became eligible for fortnightly Age Pension payments? We don’t blame you. It can be quite a complicated, time consuming process (unless, of course, you ask Retirement Essentials to assist). Having gained this...
With this free service Bill stress is very real. Worry about whether you have enough to cover a debt, paying it on time and avoiding unnecessary penalties can keep all of us awake at night. This week we feature a little known service that helps many older...
How can you best manage the connection between Age Pension entitlements and income from superannuation? This combination of retirement incomes can be extremely challenging to understand. The first step is to have a thorough understanding of the Age Pension....
Nicole, Sharon and Steven know the answers We never fail to be surprised by how many questions our members have when it comes to the detail of Age Pension entitlements. Our recent update on the 1 July Age Pension rule changes attracted 75 comments, which...
How love can affect your income Frank Sinatra sang that ‘Love and Marriage’ went together like a ‘horse and carriage’ back in 1955. But that was a lifetime ago, and relationships and money are now viewed entirely differently. Marriage is far less frequent,...
Deeming rates 1 July: Here come higher thresholds Last week we alerted you to changes in income and assets thresholds for Age Pension eligibility, starting 1 July. We also noted that there would be an important change to the thresholds for deeming rates....
Planning to retire after 30 June? Here’s what you need to know now Moving from full time work to retirement is a huge step. There are many aspects to think about and many important decisions to make. Some are financial, many are emotional and others will...
Giving while living: End of financial year rules on gifts and loans There’s an old joke. Never get between a freeloader and a buffet lunch. Here’s a different version. Never get between a doting parent and their adult children’s’ needs. We know this...
Age Pension increases from 1 July 2023: What you need to know We previously reported that Age Pension thresholds will change on 1 July this year. We now know by how much and who will be affected. Whilst the changes won’t go live until 1 July, the rates for...