What is the best way to save for retirement? This is the question we posed in the March 2023 Retirement Essentials Retirement Pulse. There was a clear preference according to our members, with the top four options being
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.
Income benefit – claim this credit before it expires
A popular recent article explained how changes to income thresholds now mean that a couple who hadn’t yet retired could now be eligible for an Age Pension owing to threshold changes. And that, along with this eligibility, comes the ability to use the ‘increased’ Work Bonus of $11,800 each.
How is super taxed? Will this now change?
The Grattan Institute, has released a report suggesting that all super be taxed in order to create a fairer and more sustainable retirement income system