Now is the time of year you will receive your annual super statement. There are three ways you might respond: Ignore it. Use the opportunity to conduct a regular checkup to see how you are going … or Go further and use this as a trigger to finetune your...
It turns out Australian retirees are taking very different approaches to their retirement payouts. We’ve always said that in retirement everyone is different. Some new CoreData research shows just how true that is. The research found that about 46% of...
Your retirement income could come from one or more of many different sources. Perhaps it’s made up from a super drawdown, or part Age Pension entitlement, work income, share dividends, franking credits, interest on investments, rent from an investment...
They say you can’t teach an old dog new tricks. But I think that’s rubbish – and slightly ageist as well. I don’t know about you, but the older I get, the more interest I have in challenging myself with new habits and ideas. We realise that, if we do the...
The discussion following ‘Is the Age Pension Fair?’ really stirred things up, and quite rightly so. There's clearly a strong desire amongst older Australians to stay active and boost their income in retirement. Many of you shared your stories, outlining the...
Annuity rules explained When we talk about retirement income, Account-Based Pensions (ABPs) often take centre stage because they’re the most common retirement income streams. But they’re not the only option. Lifetime income streams, such as annuities provide...
We were delighted to receive some great comments to last week’s newsletter, as well as some really good questions. Two that stood out were in response to Amanda Hardy Lai’s article, How much is enough for a comfortable retirement? Having read Amanda’s...
In late November we shared the Australian Government’s announcement of new reforms for the retirement phase of super. Since then, on 7 December, another major change to retirement income has been announced. This time it’s an attempt to increase access to...
Christmas is a magical time of the year, but between the joy of giving and taking that much-needed holiday break, it’s easy to overspend. With rising living costs and financial pressures continuing to challenge household budgets, the New Year could...