We posted Part 1 of this topic on 25th October, which looked at the complexities and frustration of the application process. The question has been asked regarding when should a person look at whether they would qualify for an age pension? For many people, applying for the age pension is not something they think about […]
With the significant swing against the Coalition at the October by-election in the Sydney seat of Wentworth, we turn our attention to next year’s Federal Election, expected to be held in May 2019. If present trends are an indication of the future, we will see a change of government with the Australian Labor Party (ALP) […]
Today’s kids have a different concept of money to previous generations. Instead of using coins and bank notes, this generation has grown up watching people buy things by tapping and swiping or clicking buttons online. They live in a world where in-app purchases, electronic bank transfers and digital currencies like bitcoin are as common as […]
On 1 February 2019, many people will turn 65 years and 6 months. Why is this important? For those people who turn 65 years and 6 months, it means they have reached age pension age. Just over 70% of these people will be eligible for either a full age pension or a part age pension. […]
When talking about the costs of living in retirement, we refer to the figures published by the Association of Superannuation Funds of Australia, known as the ASFA Retirement Standard. The latest figures for the June 2018 quarter have just been released. They show a small increase in the overall costs of living in both the […]