Your entitlement to an age pension is determined based on need,not the amount of tax you’ve paid.
As a recent retiree,I finally have more free time on my hands. I confess,I use a chunk of that free time wondering how long I can afford to enjoy all that free time.
While being on acreage can be pleasant,the size of your property can risk stymieing your pension options.
A new analysis highlights how tough it is for renters in retirement,particularly those who are single.
There’s a lot of confusion surrounding the retirement process,from the steps leading up to retirement to navigating life post-retirement.
One way to limit the budgetary cost of superannuation is to make its sole purpose to allow people to live comfortably in retirement. That’s not what’s going on now.
It is possible to still receive some pension if you’re working reduced hours – you’ll be assessed on the income test.
Services Australia is grappling with 1.1 million unprocessed health and welfare claims. Its new boss David Hazlehurst wants to halve that by the middle of this year.
It’s likely a holiday home with a decent value would exempt you from the pension,though that may change over time.
Bumper superannuation returns in 2023 more than recovered the losses of 2022,and the top funds all have one thing in common.
Opting to pay off your HECS debt before saving for a house may not always be the right move.