by James Coyle | May 30, 2022 | Centrelink Age Pension
During our Pillars of Retirement series we have received lots of feedback and commentary on the first of the pillars – The Age Pension. Many of our members find dealing with Centrelink extremely frustrating and many others find the system extremely unfair. We...
by James Coyle | May 30, 2022 | Retirement Income
This week we turn to the fourth pillar of retirement income – private savings. As we reported in our other story this week, a significant proportion of Retirement Essentials members (71%) reported that they are accessing private savings or investments as one of the...
by James Coyle | May 30, 2022 | Centrelink Age Pension
Over the last few weeks we have been running a Pillars of Retirement series. This series outlines the many ways people fund their retirement. These five major pillars are: The Age Pension. For most people this is the most important source of income in retirement. ...
by James Coyle | May 23, 2022 | Planning for Retirement
Whether you live in the sunny north or chilly south in our wide brown land, flu season is officially upon us, so it’s important to protect your health as rigorously as possible. With so much attention given to the Covid-19 epidemic, it’s easy to overlook the fact that...
by James Coyle | May 23, 2022 | Centrelink Age Pension
And why does Centrelink care? A few weeks ago we recounted how the gifting rules worked for Mary, Jeffrey and Hannah. We received a lot of questions from members who were totally confused as to whether they had loaned or gifted money to family and friends. And some...
by James Coyle | May 23, 2022 | Superannuation
As we’ve noted already, there was a huge focus on superannuation in the last week of the election campaign, in particular, the change in the ‘downsizing’ rules. This proposal would mean that those wishing to put extra money into super, from the sale of a home, can do...
by James Coyle | May 13, 2022 | Centrelink Age Pension
Is it even doable? Our main topic this week shared the many ways that wealth in the home can be used to increase retirement income. But not everyone owns a home and those who don’t deserve support to fully understand all their options as well. It was once a rule of...
by James Coyle | May 13, 2022 | Planning for Retirement
As we head into the final week of the Federal Election campaign, many voters by now will be totally ‘over’ the promises, the rhetoric and the shouty debates. Yet many older Australians are also keenly interested in understanding the policy detail that affects them the...
by James Coyle | May 12, 2022 | Centrelink Age Pension
… and mortgage in retirement Boosting your retirement income is the main aim for most retirees. In this, the second part of our 5-part series on the retirement income pillars, we detail the many ways your family home can offer both security and increased income...
by James Coyle | May 5, 2022 | Centrelink Age Pension
Five things you may not know Last week we introduced you to the concept of the five pillars in retirement; the major sources of support that ensure income and financial wellbeing post-work. These are: The Age Pension superannuation the primary residence savings and...
