by James Coyle | Dec 8, 2021 | Centrelink Age Pension, Retirement Income
The Australian government offers a Pension Loans Scheme (PLS) to retirees who wish to access the equity in their home so that they can top up their retirement income. The scheme was first introduced in 1985 and expanded in 2019 to widen eligibility, and include...
by James Coyle | Dec 8, 2021 | Centrelink Age Pension, Planning for Retirement
As you are aware, most older Australians can qualify for some type of entitlement. This might be a full or part Age Pension, a Commonwealth Seniors Health Card, for those not on a pension, or other special government supplements. What tends to fly under the radar is...
by James Coyle | Dec 3, 2021 | Centrelink Age Pension, Retirement Income
How Tom turned $6 into thousands The team at Retirement Essentials doesn’t believe in ‘get rich quick’ schemes. We’re more impressed by slow and steady wealth creation. But we do recognise the significant financial gains there are to be made by those who understand...
by James Coyle | Dec 3, 2021 | Centrelink Age Pension, Planning for Retirement, Uncategorized
How long will the family home remain exempt? It’s hard to avoid the extensive media coverage of property price increases. There’s a reason for this and that’s because the 6.7% increase in the June quarter this year was the largest since the Australian Bureau of...
by James Coyle | Dec 3, 2021 | Commonwealth Seniors Health Card
Can you access this “gold” savings card? The Commonwealth Seniors Health Card is often considered the gold standard of concession cards. It was first introduced in 1994 in order to give low income retirees who didn’t qualify for the Age Pension access to ...