by Drew Patchell | Mar 20, 2024 | Centrelink Age Pension
As of 20 March 2024, the Age Pension in Australia has increased. The information detailed below shows the increases, as confirmed by the Federal Government, including supplements for singles and couples. For a single person, the maximum Age Pension will increase...
by Kaye Fallick | Mar 15, 2024 | Retirement Spending
What are your options? The other day I needed a $100 note for a gift for someone. I didn’t have my purse with debit card on me, but I did have my phone which has my debit account App installed. So I popped into the bank and expected to be able to wave my phone as I do...
by Kaye Fallick | Mar 14, 2024 | Planning for Retirement
Making mistakes is part of the human condition. There are very few things in this life that are totally irredeemable. So knowing you can fix mistakes comes as a great relief. The belief that organising your retirement funding is a one-off project is one of the biggest...
by James Coyle | Mar 14, 2024 | Superannuation
Many Australians, women in particular, enter retirement with relatively small superannuation balances. So when we write about super, and some of the great benefits of having money in super, we often get questions about how to boost your super. Take this comment a...
by Jeremy Duffield | Mar 8, 2024 | Retirement Income
Sometimes the best plans are simple and straightforward. Although retirement rules are complex, your retirement investments don’t need to be. You can create a great retirement plan –delivering the lifestyle you want and can afford – with just the Age...
by James Coyle | Mar 8, 2024 | Centrelink Age Pension
Here’s what you’ll get The twice-yearly Age Pension increase is due to land on 20 March. We reported in mid February our predictions for singles and couples, and we’re pleased to say our predictions were correct within a few cents. The table below shows...
by Kaye Fallick | Mar 8, 2024 | Retirement Spending
Surveys tell us that the lifestage of retirement can be one of the most contented periods of our lives. One widespread positive sentiment is the sense of control over your own destiny, no longer having to answer to an employer’s needs Monday to Friday. But getting...
by James Coyle | Mar 4, 2024 | Centrelink Age Pension
It’s that time of year again when we receive clearer signals about the magnitude of Age Pension indexation scheduled for 20 March. From 20 March 2024 the maximum full Age Pension increases $19.60 per fortnight for a single person and $29.40 for a couple combined. The...
by Kaye Fallick | Feb 29, 2024 | Superannuation
Australian super fund returns for Calendar Year 2023 were robust, with an average 9.6% return reported for balanced funds. But not all super funds deliver in the same way. And somewhat ironically, the category called ‘Choice’ funds has been called out for poor...
by James Coyle | Feb 29, 2024 | Superannuation
On 1 July the limits on super contributions will increase. This increase will apply to both concessional and non-concessional super contributions, so there’s something in this for everyone. It’s the first such rise in contribution limits for three years, so here’s a...