by James Coyle | Jun 4, 2021 | Centrelink Age Pension
We hear of many people that don’t apply for the age pension because they don’t think it is worth it. “I’ll probably only get a few dollars so it’s not worth the effort” is a common refrain. What many people don’t consider are all the fantastic benefits you receive...
by James Coyle | May 26, 2021 | Planning for Retirement, Retirement Income, Superannuation Industry
We sometimes get asked by our readers whether there is anything they can do before the end of the financial year to improve their income in retirement. Here are a couple that relate to superannuation. Adding money to super Some people might be in a position to add...
by James Coyle | May 25, 2021 | Centrelink Age Pension, Planning for Retirement, Retirement Income
One in five of the people we see still have a mortgage on their home. Many of them also have money in the bank, super or some other investments. For part pensioners this can sometimes be costly. This is because most part pensioners, and those that aren’t eligible...
by James Coyle | May 14, 2021 | Centrelink Age Pension, Planning for Retirement, Retirement Income
The Pension Loan Scheme (PLS) was enhanced in the budget last week. Many of our readers have asked that we tell them a bit more about how this works. So what is it? The Pension Loan Scheme allows people to top up to an amount of up to 150 per cent – or 1.5 times –...
by James Coyle | May 12, 2021 | Centrelink Age Pension, Planning for Retirement
The 2021 Federal Budget The 2021 Federal budget has promised a number of funding increases to help boost the economy. Several of the initiatives will benefit senior Australians by providing better access to support services and also enabling many to top up their...