by James Coyle | Aug 10, 2023 | Retirement Income
Would one suit you? Most retirees would be happy to know their income was guaranteed for life. But unless you are one of the handful of Australians with untold wealth, this isn’t always possible. There are products you can purchase to ensure a regular income for the...
by James Coyle | Aug 3, 2023 | Centrelink Age Pension, Commonwealth Seniors Health Card
Superannuation can be complex at the best of times but it really hits its complexity stride when you want to retire and start an income stream. And getting across all the rules and how they apply to the Age Pension can be an absolute nightmare. Fortunately Retirement...
by James Coyle | Aug 3, 2023 | Retirement Advice
What does longevity mean for you? New statistics released by the Australian Institute of Health and Welfare (AIHW) show that our life expectancy is continuing to increase. Over the past 50 years, life expectancy for Australian males has increased by 13.7 years (to...
by James Coyle | Jul 31, 2023 | Centrelink Age Pension
Less than 4 in 10 seniors are satisfied with the current Centrelink Age Pension application process with 82% of people seeking assistance with their application process – not feeling confident enough to go it alone. It seems that not a day goes by without...
by James Coyle | Jul 31, 2023 | Planning for Retirement
Managing your retirement finances can be pretty daunting when you no longer have a regular salary to fall back on. There are so many questions and issues to think about including. Are you getting, and maximising, all your Centrelink entitlements? What should you...
by James Coyle | Jul 30, 2023 | Retirement Advice
Bite sized advice What’s best for you? Most of us can remember the old ‘80s Castrol GTX advertisement with Sol who maintains that ‘oils aint oils’. It’s a fun mafiosa style take on the need to have exactly the right oil for the specific need for your car. This came to...
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...
