by Jeremy Duffield | Dec 21, 2020 | Planning for Retirement
The inventor of weather forecasting, Admiral Robert FitzRoy, was motivated by the desire to stop shipwrecks off the coast of Britain. He established the first weather bureau in 1854….but was mocked for his forecasts and eventually took his own life in the...
by Jeremy Duffield | Dec 21, 2020 | Retirement Income
The problem with cash. “We can’t live off that!” Retirees are only too well aware how far interest rates have dropped. The decline has been great for younger people paying off mortgages, but terrible for people funding retirement spending from bank account...
by James Coyle | Dec 10, 2020 | Retirement Advice
What do we mean by downsizing Downsizing typically refers to selling your home to live somewhere smaller and potentially cheaper. Many retirees will be faced with a decision as to whether this course of action will be best for them and we often talk to customers that...
by James Coyle | Nov 30, 2020 | Centrelink Age Pension
We asked – This is what you told us A few weeks ago we asked our readers what they thought about the idea of a universal age pension. The results were overwhelming. More people responded to the survey and commented on our article than any other piece we have...
by James Coyle | Nov 23, 2020 | Centrelink Age Pension
Many of our customers have asked us this question. As life expectancy increases it is no longer unusual for people to receive an inheritance much later in life. If you do receive a lump sum inheritance, or any lump sum, you need to be aware of a few important factors....
by James Coyle | Nov 16, 2020 | Centrelink Age Pension
What’s happening with deeming rates? Interests rates are now at record lows with the Reserve Bank cutting the official rate to just 0.1%. Deeming rates are now also the lowest they have ever been. The lower threshold is at 0.25% with the upper deeming rate...
by James Coyle | Nov 10, 2020 | Centrelink Age Pension
Can you increase your income and entitlements in retirement? Last week we covered a couple of simple things people might want to consider to improve their Age Pension entitlements. Namely, paying off a mortgage, renovating the family home and gifting. Here are some...
by James Coyle | Nov 9, 2020 | Centrelink Age Pension
Optimising your pension Many of our customers often wonder why they don’t get as much Age Pension as their friends. The obvious reason is that their financial circumstances are different but often people aren’t aware of some simple things that could change their...
by James Coyle | Oct 9, 2020 | Centrelink Age Pension
In Australia eligibility for the Age Pension is means tested. The rationale for this is two-fold. Firstly it helps ensure that Government entitlements go to those who need them most and secondly by putting a limit on the number of people that are eligible the Age...
by James Coyle | Oct 7, 2020 | Centrelink Age Pension
In his Federal budget speech delivered last night, the Treasurer Josh Frydenburg outlined numerous measures aimed at rebuilding a Covid-devasted economy by creating and supporting jobs and encouraging spending. So what were some of the highlights? Job Maker credits. ...
