Nearly three-quarters of Australian retirees will receive a ‘pay rise’ on 20 September when the Age Pension is next indexed. This indexation occurs twice a year, on 20 March and 20 September. It is the method by which the payment rates of the Age Pension are kept ‘real’ in terms of inflation, cost of living and movements in wages.
A big shout-out to the more than 3000 Retirement Essentials members who took the five or so minutes to answer these questions. We now have a much clearer idea of the best information to share to keep you totally up to date with your super savings options.
Retirees say they are much more content in retirement than they were when they were working because they are in charge of their own destiny.