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...
by James Coyle | Jul 7, 2023 | Retirement Income
Managing a self-funded retirement Three things you need to know There are many misconceptions about self-funded retirees. One of the main problems is that this income status tends to become conflated with the popular media myth of ‘greedy, rich baby boomers’. Not all...
by James Coyle | Jul 7, 2023 | Planning for Retirement
What’s your retirement age? And why does it matter? The 1 July increase in the Age Pension age – from 66.5 to 67 – has caused a lot of angst for many pre-retirees who feel they simply can’t keep working until that age. But once again, much of the commentary has...
by James Coyle | Jun 29, 2023 | Centrelink Age Pension, Retirement Income
Nicole, Sharon and Steven know the answers We never fail to be surprised by how many questions our members have when it comes to the detail of Age Pension entitlements. Our recent update on the 1 July Age Pension rule changes attracted 75 comments, which kept our...
by James Coyle | Jun 29, 2023 | Commonwealth Seniors Health Card, Retirement Spending
How to save on medical bills: Know your rights and entitlements It’s easy to feel like a dummy sometimes when it comes to health care costs. At a time of rapidly rising household costs, medical and pharmaceutical bills can sometimes seem insurmountable, particularly...
by James Coyle | Jun 29, 2023 | Superannuation
Five worst super mistakes And ways to avoid them Yes, it’s a challenge to keep up with the ever changing landscape of superannuation. But that shouldn’t result in you making any of these worst super mistakes. Back in the day there was the idea of not tinkering...
by James Coyle | Jun 21, 2023 | Retirement Income, Superannuation
Steven says: Your questions answered on super drawdowns A few weeks ago we reported on the pending change to the minimum super drawdown rates. Essentially, on 1 July the current rates will be doubled, reverting to the previous rates pre-Covid 19. At one level, this is...
by James Coyle | Jun 21, 2023 | Planning for Retirement, Retirement Income
Are you retire fit? Handy five-point checklist Running enthusiasts take marathons seriously. They establish fitness and running routines months in advance, measure their progress to ensure they have all the necessities in place for the big day – and the...
