by James Coyle | May 29, 2023 | Centrelink Age Pension
We frequently write about simple steps that you can make to improve your Age Pension entitlements. This can include: Revaluing their personal assets. Hint: Garage sale value, not what you would pay for them new. Organising household assets so a greater proportion are...
by James Coyle | May 29, 2023 | Planning for Retirement
Great retirement trade-offs: And how to resolve them Most of our life choices involve a trade-off. Should we eat the chips or lose a kilo? Should we book the holiday or save the money? Should we watch TV or go for a walk? Retirement, too, involves some fundamental...
by James Coyle | May 29, 2023 | Centrelink Age Pension
On 1 July the income and assets thresholds for Age Pensions will change. This is a timely reminder for people who have previously been ineligible that it’s worth taking another look. We’ll let you know as soon as Centrelink announces the new amounts. And you can...
by James Coyle | May 24, 2023 | Retirement Advice
We’re very appreciative of your ongoing support of the Retirement Pulse surveys. Your answers continue to inform the way we respond to your needs and to the information we offer in our weekly enewsletters. In the April Retirement Pulse we asked questions about...
by James Coyle | May 17, 2023 | Retirement Income, Superannuation
Minimum drawdown rates explained: How much, how fast? The minimum drawdown rates for income payments from super are about to double. We mentioned this last week in our overall Federal Budget coverage. But because it can have such an impact on your retirement savings,...
by James Coyle | May 17, 2023 | Centrelink Age Pension
What went wrong? Five reasons Age Pension applications can fail Being entitled to an Age Pension doesn’t mean you’ll automatically receive your fortnightly payments from Day One of your retirement. Being entitled doesn’t even mean your application will be successful....
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...
