by James Coyle | Nov 29, 2021 | Centrelink Age Pension, Planning for Retirement
And how to avoid them The team at Retirement Essentials has spent years helping our members to manage their retirement finances, particularly in regard to maximising their benefits and their ongoing income. Our experienced team provides daily support and this has...
by James Coyle | Nov 29, 2021 | Centrelink Age Pension, Commonwealth Seniors Health Card, Retirement Income
Retirement money mistake Number 5 can sometimes cost you the most. This happens when you don’t know what you don’t know and make decisions based on a poor understanding of the rules. Remember the excitement of turning 21? The best part of becoming an adult was the...
by James Coyle | Nov 29, 2021 | Retirement Income, Uncategorized
Australian household debt is the highest in the world. And at an all-time high at the time of writing. The ratio of household spending to income is now above 200%. Yes that means on average people are spending double what they are earning. . How did we get here and...
by James Coyle | Nov 29, 2021 | Centrelink Age Pension, Retirement Income
On January 1, 2017, there was a major change in the assets test for those on an Age Pension. Whilst the assets test threshold increased (the good news), the taper rate doubled, meaning that those on a part pension, with assets over the threshold, lost their...
by James Coyle | Nov 29, 2021 | Centrelink Age Pension, Planning for Retirement
The first big mistake is assume you are not entitled to anything. Two thirds of Australians will be entitled to a full or part Age Pension at some stage in their life. And for the remaining third of Australians who do not currently qualify, at least half will qualify...
