Alice’s move to a better place For many retirees, home is where they want to be - to be part of a community, to stay connected to friends and family, and to enjoy their independence. If you’re thinking about what the options are for you to...
Customer Stories Articles
Want to contribute more to super? Then why aren’t you allowed?
Q. Help, I’m 76 and want to contribute more to my super, but I’ve been told I can’t! This was the cry for help we received from Albert last week. He had just won $45,000 in a lottery and doesn’t want to spend it. Instead, he would like to put it into his...
Not yet Age Pension age? The rules still apply
There is a very common mistake that adviser, Sharon Sheehan, has noticed. So many members are confused by the term ‘superannuation account’. Recent research from AMP confirms that 70 % of older Australians don’t know what an Account-Based Pension is. Given...
Unlocking financial freedom in your 70s: From work to play
At 69, Bill was working part time, earning around $46,000, while managing two debts: a $30,000 loan due in five years, and an $80,000 loan over 12 years. What Bill didn’t realise is that he was eligible for $14,000 per year in Age Pension support...
Could an inheritance affect your entitlements?
It depends on how you use it Linda and Helen are sisters in their early 70s. They both live in their own separate homes and receive the full Age Pension entitlement. Neither has a mortgage. Their uncle died recently and they were both surprised to receive...
Ten principles to retire by
Over the past few months, we’ve shared a set of 10 principles of retirement, designed to help you grasp the key topics in planning your retirement financing. Here’s a case study of how a client couple went about getting their retirement sorted…and how...
Retirement makeover: Sharon finds an extra $50,000
Often when calculating retirement income, we make assumptions that are simply wrong. This is not necessarily caused by any lack of financial literacy. It’s because the rules can be less than obvious and no matter how much research we do, we can still miss...
Ways to manage your retirement risk
Are you thriving or just surviving? Ways to manage your retirement risk. What does retirement risk look like to you? For Rob, it means running out of his super savings well before his 80s. For Ian, it means having unexpected expenses and being unable...
Affording that big trip and maintaining your income
Anh and Kim had a dilemma. They consider themselves lucky as they have worked and saved hard to now have more than $1 million in assets and they own their home. They are both over 67 so can qualify for the Age Pension – except they don’t! Their...