by James Coyle | Sep 8, 2022 | Commonwealth Seniors Health Card
Health care card A health care card can provide enormous benefits. But it can be very confusing to know which card you can get and what the benefits will be. We’ve decided to bring together all the different types of health care cards, the rules of entitlement and...
by James Coyle | Sep 5, 2022 | Retirement Income
Your retirement income should be pretty steady right? You know what you are getting and probably adjust your spending accordingly. That’s the way many people think and for the most part that’s okay. But sometimes we aren’t aware of some of the risks, and mistakes,...
by James Coyle | Sep 5, 2022 | Centrelink Age Pension
Biggest increase in 12 years Last Monday the Minister for Social Services, Amanda Rishworth, announced the largest increase in the Age Pension for 12 years, effective September 20. The full range of welfare increases will affect 4.7 million Australians. The new...
by James Coyle | Sep 5, 2022 | Centrelink Age Pension
Work bonus change for retirees Last week’s Jobs and Skills Summit produced 36 concrete actions to reduce Australian workforce and skill shortages. The one of most interest to older Australians is the change in the rules on income and the Age Pension. The new measure...
by James Coyle | Aug 29, 2022 | Investing
And why does it matter? The term asset allocation comes up a lot in discussions about retirement income and superannuation. It’s hard to avoid and also probably too easy to gloss over, assuming we fully understand both the definition of asset allocation and its...
by James Coyle | Aug 26, 2022 | Centrelink Age Pension
What you see – or don’t … … can cost you dearly A diptych is a double image that shows two different things simultaneously. The example in the image above is very famous. It was first published in a German postcard in 1888 and then reshared by an Englishman, who named...
by James Coyle | Aug 26, 2022 | Planning for Retirement
Are retirees now better off? ‘Inflation’ is a word very likely to jump into sight as you read your morning news. It’s also reported on the nightly TV news, a frequent topic in discussion in our federal parliament and a regularly reported source of concern in financial...
by James Coyle | Aug 21, 2022 | Centrelink Age Pension
How can this increase your income? In any couple one of the partners by nature will be younger. That’s a given. What is less well known is the radical difference it can make to use the rules of retirement income to your advantage if one of you decides to leave full...
by James Coyle | Aug 21, 2022 | Retirement Advice
How to manage debt in retirement A common view of retirees is that of people who live in their own (fully paid-off) homes, with no debt and the ability to do whatever they want, whenever they please. Those who have already retired may find this amusing, annoying or...
by James Coyle | Aug 21, 2022 | Retirement Income
Five steps to peace of mind The final report of the Retirement Income Review ( July 2020) found that 28% of early retirees are in financial stress. This report was tabled two years ago, before interest rates and the Consumer Price Index began to increase so rapidly....
