by James Coyle | Sep 7, 2023 | Centrelink Age Pension
The expected 20 September Age Pension changes have now been confirmed by Services Australia, the government department responsible for indexation of the Age Pension every March and September. We reported a couple of weeks ago that we expected these changes to be in...
by James Coyle | Sep 7, 2023 | Superannuation
As we noted last week, it’s easy to get basic super rules wrong. It doesn’t matter much if this is in a quiz. But if you make a mistake with your own money, that can be painful. There are two different contribution rules which can be used to significantly boost your...
by James Coyle | Sep 7, 2023 | Superannuation
About this time of the year your annual superannuation statement should drop into your inbox. Or perhaps it comes by mail. If you bother to open it and check the detail you’ll be in the smart segment of Australians who actually care about the performance of their...
by James Coyle | Sep 7, 2023 | Centrelink Age Pension
Nearly three-quarters of Australian retirees will receive a ‘pay rise’ on 20 September when the Age Pension is next indexed. This indexation occurs twice a year, on 20 March and 20 September. It is the method by which the payment rates of the Age Pension are kept...
by James Coyle | Aug 31, 2023 | Superannuation
Here’s the results to our quiz We know that the overall level of engagement with super savings is quite low across the population. If you are in your 30s – say 20 – 30 years before Preservation Age – this lack of interest is not exactly ideal, but perhaps...
by James Coyle | Aug 31, 2023 | Retirement Income
The regular Retirement Essentials Retirement Pulse surveys reveal two interesting things about retirees. The first is that the majority say they are much more content in retirement than they were when they were working. And a similar number tell us that this is...
by James Coyle | Aug 31, 2023 | Centrelink Age Pension
The end August release of the 2023 Intergenerational Report (IGR) was met with extensive media coverage. And at the conclusion of the launch of this report, Treasurer Jim Chalmers stated that the decumulation phase of retirement will be his next major focus. So...
by Kaye Fallick | Aug 24, 2023 | Superannuation
The recent regulatory report card that found that super funds are not providing sufficient retirement income support has sparked a discussion about the role that funds can and should play in members’ finances. But there is a fine line between helping retirees to...
by James Coyle | Aug 24, 2023 | Retirement Spending
At some stage in our lives most of us display similarities to the proverbial frog in boiling water. You know, when something negative goes on for such a long time that we fail to notice the severity of the situation. Many financial product providers gain a lot of...
by James Coyle | Aug 24, 2023 | Retirement Advice
Being part of a couple has many rewards. But there can be downsides too. As a single it’s me, myself and I who makes the decisions. No arguments to be had there. Few members of a couple would claim they never argue – some might say that would be boring anyway. The...
