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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.
Well before you retire (I think it is at least 5 years) buy a home worth several $ million and get the full aged pension.
In today’s market, a rundown property in Sydney is around $750,000.00, which would need extensive repairs and maintenance before it becomes loveable. As for average pensioners, it would be about $1.5 plus, as well as other cost, so how can government dictate those pensioners can survive on $435.00 per week pension plus an earnings of $320 per fortnight?