by James Coyle | Jul 28, 2020 | Commonwealth Seniors Health Card
The Commonwealth Seniors Health Card (CSHC) is one of the main concession cards issued to Australian retirees who do not qualify for the Age Pension and whose income is below the current thresholds. In order to qualify for the CSHC, you must be an Australian resident...
by James Coyle | Jul 28, 2020 | Commonwealth Seniors Health Card
There are many types of concession and healthcare cards available to help older Australians access discounts offered by governments, local councils, utility companies and private businesses. These discounts can amount to considerable savings over the year and can be...
by James Coyle | Jul 28, 2020 | Commonwealth Seniors Health Card
DID YOU KNOW: Having a Commonwealth Seniors Health Card (CSHC) can save you around $2,500 yearly on health care costs. In general, this includes: USEEstimated Savings p.a. Medicare Safety Net$1,200Pharmaceutical Benefits Scheme$1,300 Note: This doesn’t include...
by James Coyle | Jul 15, 2020 | Retirement Spending
Jeremy Duffield – Chairman of Retirement Essentials In a recent letter, I asked which aspects of retirement finance were most important to you? Many people responded with a clear message: how much I can spend in retirement and how long the money would last...
by James Coyle | Jul 13, 2020 | Centrelink Age Pension
Perhaps the most frequent comment we receive concerns the different Age Pension entitlements received by singles and couples. Opinions are strongly divided on this issue however one sentiment is shared – The system isn’t fair. This week we have...
by James Coyle | Jul 1, 2020 | Centrelink Age Pension
New Age Pension Rates commenced today The new Age Pension rates for the Means Test commenced July 1st. This means Seniors can earn slightly more, or have slightly higher assets, before they start losing some of their Age Pension entitlements. Some of the changes...
by James Coyle | Jun 30, 2020 | Retirement Income
As we emerge from severe social lockdown following the global pandemic, it’s worth reflecting on what we’ve learnt. COVID-19 has been a dramatic shock to the system. To our life and to our finances. It reminded us of the need to be prepared for...
by James Coyle | Jun 19, 2020 | Media
A joint study conducted by the National Seniors Australia (NSA) and Retirement Essentials, has confirmed that applying for the Age Pension is a fraught experience for many older Australians. According to Retirement Essentials founder and CEO Paul Rogan, the report...
by James Coyle | May 18, 2020 | Centrelink Age Pension
Many Seniors have seen their retirement savings take a hit over the last few months and interest rates are extremely low for those with money in bank deposits. While Seniors are quite rightly focused on their health and safety right now some are also looking for...
by James Coyle | Apr 22, 2020 | Centrelink Age Pension
How does this impact your entitlements? The new Centrelink deeming rates are changing effective from the 1st of May. These changes will put money back into the pockets of senior Australians receiving the Age Pension, and may increase the number of Australians eligible...
