It's a common concern for many of our Retirement Essentials community members: how will receiving an inheritance impact their Age Pension benefits? With people living longer, it's increasingly common to receive an inheritance later in life, often during...
It's an inherent aspect of any partnership that one individual will be younger than the other. However, the significant impact this age difference can have when strategically approaching retirement income rules, particularly if one partner transitions out of...
Hi, it’s Greg from Retirement Essentials, your helping hand when applying for the age pension. Personal assets are the contents of your home, your caravans, cars trailers and the like. Importantly it does not include your family home. Centrelink will...
Q&A: Is my home counted as an asset? Hi, it’s Greg from Retirement Essentials, your helping hand when applying for the age pension. Generally speaking your home is exempt from the assets test. There are some exceptions for example if you have a very...
Q&A: Is my account based pension counted as income or asset? Hi, it’s Greg from Retirement Essentials, your helping hand when applying for the age pension. An account based pension is also known an as 'allocated' pension and it's a regular income stream...
Hi, it’s Greg here from Retirement Essentials. The Age Pension for most people is the foundation layer of their retirement income. 7/10 people currently and that is forecast to continue will be eligible for a full or part Age Pension....
There are two really common mistakes that people make when applying for the Age Pension. The first common mistakes people make is as a couple, assuming that both members of the couple have to be of Age Pension age before they can apply for the Age Pension....
Hi its Greg from Retirement Essentials, your helping hand when applying for the Age Pension. I’ve been in wealth management for more than 20 years and the last few years I’ve been specialising in retirement incomes...