Living longer is great news. But many retirees can feel conflicted when they hear about increased longevity. This is prompted by the worry that their money will run out.
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.
Five things you need to know … about the CHSC
Commonwealth Seniors Health Card (CSHC) thresholds have increased. If you are over age 66.5 you are likely to be eligible.
Are you a mortgage prisoner?
some borrowers are literally trapped. These homeowners are now being referred to as ‘mortgage prisoners’. They are in this situation due to a ‘perfect storm’ of three home loan factors: steadily rising interest rates; falling house prices and; reduced ability to service loans