How can you best manage the connection between Age Pension entitlements and income from superannuation?
James Coyle
James has over 35 years experience in financial services with particular expertise in two of the key components of retirement finance - Superannuation and the Age Pension. He is passionate about providing the guidance and support that can help older Australians enjoy their best possible retirement.
He lives in regional Victoria surrounded by dogs and chooks.
Managing a self-funded retirement
Managing a self-funded retirement
Three things you need to know
There are many misconceptions about self-funded retirees. One of the main problems is that this income status tends to become conflated with the popular media myth of ‘greedy, rich baby boomers’. Not all retirees are baby boomers. Most are not ‘rich’. And like the rest of the human race, a tiny per cent may or may not be greedy.
What’s your retirement age?
The 1 July increase in the Age Pension age – from 66.5 to 67 – has caused a lot of angst for many pre-retirees who feel they simply can’t keep working until that age.
But once again, much of the commentary has conflated retirement age with Age Pension age. These two ages are usually not the same thing.