by James Coyle | Sep 15, 2023 | Centrelink Age Pension
The good news this week is that all Age Pension payment and threshold changes are now live. So you can use our Age Pension Eligibility Calculator to check your new payments or eligibility status immediately. And there are two other important changes which also apply...
by James Coyle | Sep 15, 2023 | Retirement Advice
The latest research into the number of retirees in Australia, according to the Australian Bureau of Statistics, confirms that there are now more than four million. But as numbers increase, so do the many definitions of retirement. Some of these so-called retirees are...
by James Coyle | Sep 8, 2023 | Uncategorized
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...
