by James Coyle | May 17, 2023 | Centrelink Age Pension
Your home and the Age Pension rules: Frequently Asked Questions A couple of weeks ago Jock asked our team the reason why he needed to prove ownership of his home for 20-plus years, in order to qualify for an Age Pension. Our Customer Services Team leader, Steven...
by James Coyle | May 11, 2023 | Centrelink Age Pension, Commonwealth Seniors Health Card, Superannuation
Budget 2023 – what’s in it for older Australians? Federal Treasurer Jim Chalmers has handed down the May 2023 Federal Budget. There weren’t a lot of surprises but there are a few nice bonuses for older Australians. Before we start, it’s...
by James Coyle | May 11, 2023 | Centrelink Age Pension
Bumper end of financial year update: What you need to know and do before 30 June With just six weeks to go to the end of the financial year, it’s a great time to review the things you can do to ensure you are using tax, super and Age Pension rules to your own best...
by James Coyle | May 11, 2023 | Centrelink Age Pension, Retirement Income
Knowing which changes will occur on July 1 2023 is mandatory for those both in retirement or planning to be in the near future. Changes are coming to eligibility age for the Age Pension, income and asset thresholds for those on a full Age Pension and some...
by James Coyle | May 4, 2023 | Commonwealth Seniors Health Card
Free health benefits… …for those aged over 65 Entitlements can often slip under the radar, so here’s a timely reminder of some free health benefits that will help you save on out-of-pocket expenses. We’ve officially entered flu season (May – October) in the southern...
by Jeremy Duffield | May 4, 2023 | Centrelink Age Pension
Retirement can be a time of uncertainty for many people when it comes to managing their finances. As we age, our financial needs can change. However, there is one benefit that becomes increasingly valuable as we age, and that’s the Age Pension. The Age Pension is the...
by James Coyle | Apr 28, 2023 | Centrelink Age Pension, Planning for Retirement, Superannuation
Federal Budget 2023-2024: What we’d like to see Our goal at Retirement Essentials is simple. It is to help all older Australians to enjoy their best possible retirement. This we do by providing financial guidance and support when it comes to managing your retirement...
by James Coyle | Apr 27, 2023 | Retirement Income, Superannuation
Here’s what you said What is the best way to save for retirement? This is the question we posed in the March 2023 Retirement Essentials Retirement Pulse. There was a clear preference according to our members, with the top four options being: Putting money in super:...
by James Coyle | Apr 27, 2023 | Centrelink Age Pension, Retirement Income
Income benefit: Claim your credit before it expires A popular recent article explained how changes to income thresholds now mean that a couple who hadn’t yet retired could now be eligible for an Age Pension owing to threshold changes. And that, along with this...
by James Coyle | Apr 19, 2023 | Superannuation
How super is taxed? Is this about to change? Respected think tank, The Grattan Institute, has released a report suggesting that all super be taxed in order to create a fairer and more sustainable retirement income system. The report released earlier this month, Super...
