by James Coyle | Oct 21, 2022 | Retirement Income
Five ways to stretch your money: Quick checks for better results Australians are living longer than ever, even after taking the Covid pandemic into account. This is great news for all, but it also leads to the obvious corollary – how to fund a longer life in...
by James Coyle | Oct 20, 2022 | Planning for Retirement
Are you scam-proof? Probably not An alarming new superannuation scam was revealed by ABC TV this past week. Unsurprisingly many retirees are shocked and concerned they might be next on the list. How likely is this to happen to you? Here are the facts and what you can...
by James Coyle | Oct 14, 2022 | Investing
Maybe you need to think again Are you a risk taker? No, not me, is the likely reply. But think again. The concept of taking risks is redolent with images of sky diving, bungee jumping and travel to remote corners of the globe. Maybe these aren’t activities you’ve...
by James Coyle | Oct 14, 2022 | Retirement Income
Global pension rankings: How good is Australia? How does Australia’s retirement income system rank globally? It’s easy to lose sight of this wider context if you are struggling to live on your current income while concerned about rising prices and nervy markets. But...
by James Coyle | Oct 14, 2022 | Planning for Retirement
Preservation Age: What you need to know Preservation age is a term that is used to denote the age at which you can access your superannuation funds without penalty. It is one of the conditions of release set by the Australian Tax Office (ATO) in relation to...
by James Coyle | Oct 10, 2022 | Centrelink Age Pension
What you’ve got over the past year Taking a long view when managing your money is almost always the best strategy. It can be difficult to do this with frequent changes to key financial indicators such as price hikes, stock market volatility and changing Age Pension...
by James Coyle | Oct 10, 2022 | Centrelink Age Pension
Reporting Income Reporting income can be a minefield for those on an Age Pension or those who may be entitled to one in the near future. The difficulty for many is that it is less than clear which income is reportable to Centrelink – and how and when you need to do...
by James Coyle | Oct 10, 2022 | Investing
Managing shares: What you need to know? Retirement income stress has been greatly exacerbated by the volatility of share markets around the world. Today’s ‘Plain English’ guide to shares examines the key aspects of this asset class. Whether you are a long term...
by James Coyle | Oct 3, 2022 | Retirement Income
Source: AMP Financial Wellness Study 2022 New financial wellbeing research has revealed an increase in stress and uncertainty about retirement income. The findings, released by wealth management group, AMP, are the latest in the bi-annual Financial Wellness report,...
by James Coyle | Oct 3, 2022 | Superannuation
What do retirees need to know? Rules covering contributions to super can be challenging to understand. The following overview looks at the two broad categories of contributions and then focuses on those rules that affect retirees the most. What are the different types...