by James Coyle | Oct 19, 2023 | Planning for Retirement
Recent news reports about 4.6 million Australians were alarming for retirees. The news was that more than one quarter of us are ‘too poor to retire’. We tracked down the research which led to these widespread TV and press reports. It came from comparison website,...
by James Coyle | Oct 19, 2023 | News and Articles
At last some good news for your health and wellbeing. Five million older Australians will benefit from a new National Immunisation Program (NIP) initiative. This means that from 1 November free shingles vaccinations will be offered to: everyone aged 65 years (it was...
by James Coyle | Oct 19, 2023 | Retirement Advice
Max and Sarah are now typical of more than 50% of Australians their age – those between 55 and 64. That’s because they are carrying a hefty debt into their retirement. And they’re starting to feel concerned about the affect this will have on their ability to enjoy the...
by James Coyle | Oct 16, 2023 | Centrelink Age Pension
Life happens. Divorce, floods, leaving work are all triggers for changes in your financial situation. And your entitlements. Most of us benefit from learning from those who have gone before in all sorts of life changing events. Today we share some of the typical...
by James Coyle | Oct 16, 2023 | Centrelink Age Pension
What would it take to make you want to work again? Higher wages? Manageable hours? Or a guarantee that your benefits and entitlements would not be jeopardised? Or maybe all of the above? In short, what would it take to lure you back into the workforce? Many of...
by James Coyle | Oct 16, 2023 | Superannuation
Recently released data shows that 28 Australians hold more than $100 million in super and 107 hold more than $50 million. These look like eye watering numbers, particularly when you realise that the earnings on these super accounts are taxed at the same level as...
by James Coyle | Oct 4, 2023 | Centrelink Age Pension, Retirement Income
Recent research from financial services provider, AMP, reports that 70% of Australians do not know what an Account-Based Pension is. We doubt this is the case with Retirement Essentials members, but it was a handy reminder that the complexity of many aspects of...
by James Coyle | Oct 4, 2023 | Centrelink Age Pension
Last month Steven (who’s head of our Customer Services Team) answered a series of questions about whether our members should be receiving a single or couples Age Pension. These questions coincided with new Age Pension increases, with many people questioning whether...
by James Coyle | Oct 4, 2023 | Superannuation
Last week Laura asked us a question, which on the face of it, is quite straightforward: ‘I have switched my super to pension mode and so I now have an Account-Based Pension. Does this mean I can’t move any more money into super?’ Well it might, but it probably doesn’t...
by James Coyle | Oct 2, 2023 | Centrelink Age Pension
Services Australia workers are gearing up for a 24-hour strike next week, leaving many Australians wondering about the impact on Centrelink payments and services. The strike, scheduled for Monday, October 9, is a response to a government pay rise offer that has...
