by James Coyle | Mar 30, 2022 | Centrelink Age Pension, Commonwealth Seniors Health Card, Retirement Income
Budget March 2022 for older Australians Click here for information about the October 2022 budget delivered by Jim Chalmers After weeks of leaks and speculation, the Treasurer presented the Federal Budget 2022-23 in parliament last night. There are wins and losses for...
by James Coyle | Mar 25, 2022 | Planning for Retirement, Retirement Income
The recent significant changes to Age Pension rules and rates have firmly renewed the focus on retirement income affordability. But in the push to fully understand every aspect of retirement incomings, we run the risk of missing the other half of the equation – and...
by James Coyle | Mar 25, 2022 | Centrelink Age Pension
The 20 March Age Pension increases have unleashed a huge number of comments from Retirement Essentials members. You have let us know, in no uncertain terms, how difficult it is to survive on the current rate of the pension, or when you are squeezed out of eligibility...
by James Coyle | Mar 18, 2022 | Centrelink Age Pension, Commonwealth Seniors Health Card
Last Sunday, March 20, the highest Age Pension increase for nine years was enacted. The majority of the 3.9 million older Australians in retirement live on a full or part Age Pension. So this is a significant, across the board, income boost. But it is more than just...
by James Coyle | Mar 18, 2022 | Centrelink Age Pension
As you are no doubt aware, qualification for the Age Pension is dependent upon meeting both the income and assets tests, and whichever test delivers the worse outcome – the lowest amount of pension – is the one upon which your Age Pension entitlement will...