by Jeremy Duffield | May 23, 2024 | Retirement Spending
Keeping Retirement Simple – Part 2 In Australia, we’re responsible for our retirement. The government helps with the Age Pension and Aged Care. But the rest we supply ourselves through our super and other savings and perhaps some work income. The...
by James Coyle | May 22, 2024 | Retirement Advice
Many of us procrastinate when confronted with difficult tasks. At Retirement Essentials we see it often with people delaying applying for the Age Pension as they can’t face dealing with Centrelink. Another common area of procrastination is preparing a...
by Jeremy Duffield | May 17, 2024 | Retirement Advice
Keeping Retirement Simple – Part 1 I was looking into getting solar for the house to save on electricity bills and reduce our carbon footprint. I found it was pretty complicated, a lot to consider. Won’t someone make it simple for me? That made me think: this...
by Kaye Fallick | May 17, 2024 | Centrelink Age Pension
Regular scheduled changes to the Age Pension will occur on 1 July. There are other changes as well which will have an impact on retirees and their income over the next 12 months. Here’s our end of financial year checklist to help you plan ahead. Spoiler alert: we do...
by James Coyle | May 17, 2024 | Customer Stories, Retirement Advice
Jenny and Daniel contacted us with a dilemma recently. They had received a windfall gain due to an unexpected inheritance. Often inheriting money also means a time of great sadness, but in this case they did not actually know the great uncle who had remembered Jenny...
by James Coyle | May 14, 2024 | Planning for Retirement
Federal Treasurer Jim Chalmers has handed down the May 2024-2025 Federal Budget. There weren’t a lot of surprises but there are a couple of nice bonuses for older Australians. Before we start, it’s important to note that these are only...
by Kaye Fallick | May 10, 2024 | Superannuation
With the approach of the end of the financial year (EOFY) there’s a lot going on. Many retirees are watching and waiting to learn of any 1 July changes to deeming rates which have been frozen since July 2022. It’s anybody’s guess what will happen next, but higher...
by James Coyle | May 10, 2024 | Planning for Retirement
There was great feedback on our article about peak retirement a few weeks ago. It seems that many Retirement Essentials members are planning on working longer, but not necessarily harder! As a consequence, our advisers have had many consultations helping both singles...
by James Coyle | May 2, 2024 | Retirement Advice
The most outstanding feature of Australia’s retirement income system has to be its complexity. During their working lives most people have managed just one source of income – their salary. If they have investments, this money typically adds to savings. But in...
by Kaye Fallick | May 2, 2024 | Retirement Income
And should you be ‘pushed’ into a retirement income product. Would that be in your best interests? At the heart of most retirement wants lies the desire to have a strong degree of control, in the form of a secure, dependable retirement income. No surprises here....
