by James Coyle | Jul 26, 2023 | Retirement Income, Superannuation
A recently released report from the Australian Securities and Investments Commission (ASIC) and the Australian Prudential Regulatory Authority (APRA) reveals a massive gap in the support that retirees should now be receiving from their super fund – and what is...
by James Coyle | Jul 26, 2023 | Centrelink Age Pension
Did you give a sigh of relief when you finally became eligible for fortnightly Age Pension payments? We don’t blame you. It can be quite a complicated, time consuming process (unless, of course, you ask Retirement Essentials to assist). Having gained this important...
by James Coyle | Jul 26, 2023 | Superannuation
Alfred Einstein knew a thing or two. His view on mistakes was simply summed up when he said, ‘The only mistake in life is the lesson not learned’. We agree. For most of us, it’s not about any poor choices that we may have made, but more about how we respond to them....
by James Coyle | Jul 20, 2023 | Superannuation
How to respond to 12-month returns Superannuation research house SuperRatings has released the financial year returns for Australian super funds – and Account-Based Pensions. These rankings are useful in many ways. First and foremost, we have a clear idea of the top...
by James Coyle | Jul 19, 2023 | Planning for Retirement
What the numbers tell us ‘Life’s what happens while we’re busy making other plans’, said the inimitable John Lennon. Sadly and ironically this was the case for Lennon himself, gone way too soon at just 40. None of us can ever know what lies ahead. That’s probably a...
by James Coyle | Jul 19, 2023 | Centrelink Age Pension
With this free service Bill stress is very real. Worry about whether you have enough to cover a debt, paying it on time and avoiding unnecessary penalties can keep all of us awake at night. This week we feature a little known service that helps many older Australians...
by James Coyle | Jul 12, 2023 | Planning for Retirement
Alison to the rescue Barry is a widower who works long hours as a paramedic. What he really wants is to have more time to play with his grandkids. Joan works for a large supermarket. Her husband has just been retrenched from a major tech company. She wants to...
by James Coyle | Jul 12, 2023 | Retirement Advice
What does this mean for retirees? We’re posing two big questions today and they are very different propositions. Let’s start with first things first, by defining the concept of recession and what it means in a general sense. The International Monetary Fund (IMF)...
by James Coyle | Jul 12, 2023 | Centrelink Age Pension
How can you best manage the connection between Age Pension entitlements and income from superannuation? This combination of retirement incomes can be extremely challenging to understand. The first step is to have a thorough understanding of the Age Pension. This...
by Kaye Fallick | Jul 7, 2023 | Retirement Spending
The real cost of living in retirement Can it be measured? There is a lot of noise about the cost of living right now. So much so that, even if you are reasonably well off in retirement, you may be starting to question whether your sums are right. Suffering from...
