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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.
This information is very helpful and easy to understand
I thank you for keeping us informed and supplying this service.
I do have a question re the assets test
The $3.00 reduction per $1,000 over the Asset limit
Is that reduced from the fortnightly income.
Looking forward to your reply
Regards
Laurie.
Hi Laurence, this is correct. Every $1,000 over the minimum asset threshold will incur a $3 reduction in your fortnightly pension. I hope this helps!
Thanks,
Retirement Essentials
I am single fem and in Oct 22 old enough to retire if i am still around. Am very sick person with lots if recorded ailments with health. I don’t mean to seem rude but i cannot for the life of me understand why a couple get apx $200 per week per head extra. That is insane. Or have I read it wrong.
Sorry your wrong a single gets over $900 and me as a couple male I get just over $700. I get tax out of mine So I get $661.80. Thank you my wife isn’t on the pension yet. She don’t work so we do struggle