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James Coyle
James has over 35 years experience in financial services with particular expertise in two of the key components of retirement finance - Superannuation and the Age Pension. He is passionate about providing the guidance and support that can help older Australians enjoy their best possible retirement. He lives in regional Victoria surrounded by dogs and chooks.
We live in a very comfortable and secure unit an d we are very interested in the 23000 help or aid for seniors to stay in their own home rather than a retirement body.
We may have to move into a retirement establishment in the near future because of difficulties within our unit but would dearly love to stay put if we can receive some sort of small assistance with monetary.
You work for 50 years and when you get to pension they treat like your a leper on society, through this pandemic the unemployed doubled there income and now some do Goodes are saying you can’t cut it because they can’t survive on less they shouldn’t have got extra in the first place while pensioners get a couple of $750 and now 2 x $250 in the next 6 months while the unemployed get a reduction ( whoopsie) most pensioners worked for 50 or more years and they have to survive on $950 a fortnight . You see the anguish on some pensioners when they struggle , I’m lucky I have a little to keep me going but if pension rates don’t rise to a much higher rate there will be even bigger problems to come very soon.
I get a carers allowance as well as an aged pension so does that mean I get 2 payments of $250 in Dec and 2 in March or just 1 payment in each month
Hi Sue. That would be nice but based on past practice you will only be receiving 1 payment in December and 1 more in March
Self funded retirees once again miss out by the looks of it!!
Normally l wouldn’t be too fussed about this but considering self funded retirees are getting very little or nothing on their self funded investments, it’s very unfair that we don’t cost the country anything because of being self funded and then when all the handouts happen, we lose out with that as well!
I am a 63 yrs old female, I don’t have a partner. After 18 years working for the same company management decided to make me and other employees redundant. I received a text message while on holidays. I was asked to stay and train the 21 yr old who replaced me. I got my marching orders in April 20 during the Covid. I can’t get jobkeeper or jobseeker because I have to live on my redundancy until every cent is gone on living. The Govt doesn’t take into consideration i have to buy a computer and set myself up to do courses and other expenses associated with trying to get a job at 63.I wouldn’t have had these expenses normally and I don’t have any other money coming into my home. I have to live off my redundancy until Feb 2022. I am in a unit but still have a substantial mortgage so i am desperately trying to get a job. If I don’t get a job I will become homeless. My Super will not cover my mortgage. In normal situations I would be able to get a job. Covid has affect unemployed older people with redundancy as well. The budget does nothing to help us who are not old enough for a pension but can’t compete for jobs due to our age. Don’t want a hand-out just a job.
Gaye
Could you not put the redundancy payment into paying your mortgage down? That way you would have no money in the bank and be able to claim jobseeker. Just a thought