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Account based pensions and the age pension

Last week I was asked if the rate of Centrelink or Department of Veterans’ Affairs age pension would increase if the amount being paid from an account-based pension reduced?
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Age pension - time for you to review?

It is the middle of May and the end of the financial year is fast approaching. Now, as we are always told, is a good time to review your financial position and no, I am not ...
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End of financial year - already?

It goes without saying that this year has been like no other - in living memory.
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Your home and your age pension

The average value of a home in Australia is according to Domain approximately $800,000.
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What is the cost of withdrawing your super early?

Some weeks ago, I wrote about changes to superannuation laws that will allow people to access up to $20,000 from super, spread over the 2019-20 and 2020-21 financial years, to ...
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I’ve lost my job…what’s my next step?

I read with a great deal of concern that, as a result of the COVID-19 pandemic’s effect on our economy, between 1.9 and 3.4 million Australians could lose their jobs or have their ...
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What does Coronavirus mean for my retirement savings?

If we look back over the past 30 years or so, there have been a number of occasions when the sharemarket has taken a tumble resulting in the retirement savings of many Australians ...
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What a difference a month makes...

As a regular reader you would know that at the end of February my partner and I flew to Sydney to pick up our beautiful campervan.
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What does your austerity budget look like?

Let me start this blog by making a promise.
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Age Pension – good news and some bad!

On the 20th of March, all age pensioners will receive a small increase in their pension payments.
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