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.
If your parents are spending beyond their means,it may be time for an uncomfortable conversation.
Thanks to the quirks of the pension system,living in a caravan park and not a retirement village could be costing you up to $321 per fortnight.
For those who are feeling the pinch as we approach Christmas,it is a good time to take another look at your entitlements and benefits.
In late 2022,the government made significant changes to the way the proceeds of your home are treated for calculating your pension.
Finding the sweet spot where super balances and the age pension intersect can mean you enjoy a comfortable retirement without huge savings.
Baby Boomers are hanging on to bigger family homes in Sydney’s middle-ring suburbs,with more than a quarter of the city living in residences with at least two spare bedrooms.
Evening out your spouse’s and your super balances can increase your pension eligibility,but there are other consequences to keep in mind.
If you’ve earmarked some money for a home renovation,it is likely to be assessed when calculating your pension.