by James Coyle | Nov 29, 2021 | Centrelink Age Pension
The second money mistake is to not know the details on timing – this can have serious consequences if you get it wrong. The Age Pension used to be much simpler, including the qualification age of 65 for those no longer working. It’s currently 66.5 and due to increase...
by James Coyle | Nov 19, 2021 | Centrelink Age Pension, Retirement Income
There’s an interesting crossover between rising prices and rising job vacancies that may have a major impact on your retirement savings. In the USA the inflation rate is over 6% – the highest rate for many years. Australia is not immune from such increases with...
by James Coyle | Nov 19, 2021 | Planning for Retirement
Age care, to paraphrase a quote, sounds like another country. Most of us try hard not to think about it – let alone consider whether we will be able to afford it. But the need to know how aged care works and what is available is very real. And this was brought...
by James Coyle | Nov 19, 2021 | Planning for Retirement, Retirement Income
Risk tolerance is a commonly used expression. Many assume it means that you are either a high risk or low risk investor. And that your rating is related only to returns. But this is not the case. Retirees and those planning retirement face a bewildering array of...
by James Coyle | Nov 12, 2021 | Centrelink Age Pension, Retirement Income, Uncategorized
Centrelink uses deeming rates to determine how much you earn. These earnings are added to any other income streams and this total is used to assess your age pension eligibility and the rate you will be paid. The reason a ‘deeming rate’ is used is because Australian...
