Age Pension thresholds July 2021

Age Pension thresholds July 2021

Centrelink have announced changes to Age Pension income and asset thresholds.  This could mean more Australians will now qualify for at least a part pension and those already on a part pension could receive more. A couple of weeks ago we wrote about what a difference...
What a difference a dollar makes

What a difference a dollar makes

We hear of many people that don’t apply for the age pension because they don’t think it is worth it. “I’ll probably only get a few dollars so it’s not worth the effort” is a common refrain. What many people don’t consider are all the fantastic benefits you receive...
The Pension Loan Scheme

The Pension Loan Scheme

The Pension Loan Scheme (PLS) was enhanced in the budget last week.  Many of our readers have asked that we tell them a bit more about how this works.  So what is it? The Pension Loan Scheme allows people to top up to an amount of up to 150 per cent – or 1.5...
Did seniors benefit from the budget?

Did seniors benefit from the budget?

The 2021 Federal Budget The 2021 Federal budget has promised a number of funding increases to help boost the economy.  Several of the initiatives will benefit senior Australians by providing better access to support services and also enabling many to top up their...

What gets better with age?

The Age Pension gets better Some things just get better with age.  Some cheeses, great Australian red wines, and the Age Pension. How’s that, you ask More people are eligible at older ages. And many people move to a higher Age Pension as they age and spend down...
Your Retirement Journey

Your Retirement Journey

One of the things I like about Noel Whittaker’s latest book, Retirement Made Simple, is his description of retirement as a journey.  “I think journey is the perfect word,” he says, “because it has the connotations of  a desired destination and all sorts of...
What advice would you give?

What advice would you give?

Three weeks ago we asked our readers “What advice would you give to others nearing or in retirement?”.  Thank you all so much for your contributions.  We will share some with you today and over the forthcoming weeks. Have a plan to keep active and engaged...