by the Retirement Essentials Team | Dec 5, 2024 | Centrelink Age Pension
If you’re one of the majority of retirees who receives a full or part Age Pension or a DVA payment, you’ll be keen to know Centrelink service options over the holiday break. Opening hours Centrelink will be closed: Wednesday 25 December 2024 Thursday 26 December 2024...
by Kaye Fallick | Dec 4, 2024 | Centrelink Age Pension
When an entitlement such as the Age Pension has been in place for more than a century, it’s tempting to assume that the rules are well-known and easy to follow. Not so, unfortunately. Every day the Retirement Essentials Customer Services Team hears from retirees who...
by Kaye Fallick | Dec 2, 2024 | Planning for Retirement
More than one fifth of Australian retirees currently live in poverty, according to a recent report by The Australia Institute. Given that we are one of the richest nations in the world this is both disturbing and difficult to believe. Today we review these findings...
by the Retirement Essentials Team | Dec 2, 2024 | Centrelink Age Pension
A majority of Australians highly value the concept of a guaranteed income for life. It’s easy to forget that the Age Pension provides such a safety net, initially for the 65% of those who reach Age Pension eligibility age of 67. And further down the track to 80% of...
by Nicole Bell | Nov 28, 2024 | Planning for Retirement
Here’s why most of us don’t Being set unrealistic targets is hardly likely to motivate anyone at any age. Yet this is often the case with retirement savings targets. Today we take a more realistic approach by using the factual ‘middle’ savings amounts for those about...
by the Retirement Essentials Team | Nov 21, 2024 | Retirement Income
Retirement Essentials congratulates the Australian Government on its 20 November announcement that it will take action to reform the retirement phase of superannuation to deliver a better retirement for all Australians. Such reforms are 100% aligned with Retirement...
by Amanda Hardy Lai | Nov 21, 2024 | Customer Stories, Planning for Retirement
Alice’s move to a better place For many retirees, home is where they want to be – to be part of a community, to stay connected to friends and family, and to enjoy their independence. If you’re thinking about what the options are for you to continue...
by Kaye Fallick | Nov 21, 2024 | Retirement Spending
The ‘bucketing’ method of money management has been around for decades. But it shot to prominence when self-proclaimed ‘barefoot millionaire’ Scott Pape wrote about how easy it was, by using buckets, to get on top of your spending. But ‘financial bucketing’ is far...
by James Coyle | Nov 21, 2024 | Customer Stories, Superannuation
Q. Help, I’m 76 and want to contribute more to my super, but I’ve been told I can’t! This was the cry for help we received from Albert last week. He had just won $45,000 in a lottery and doesn’t want to spend it. Instead, he would like to put it into his super. A...
by the Retirement Essentials Team | Nov 18, 2024 | Retirement Advice
The right advice at the right time can be invaluable. Sometimes it is just a little help to solve a nagging problem. Other times, it’s just to confirm your decisions. Or it might be to unlock and explain the myriad of rules that apply, and the...
