The latest rise in the Age Pension rate still falls short of what many people may need to have a modest lifestyle in retirement. Around 2.58 million Australians received a 1.78% government Age Pension payment boost on March 20 as part of Centrelink’s twice-yearly indexation review. They...
Here's a super free kick that's there for the taking. There aren’t too many free kicks when it comes to superannuation. But there’s a free kick on offer to many Australians saving for retirement that’s there for the taking. In fact, all that’s left to do is to...
Moving into pension mode is a big decision. Here’s some options and considerations. One of the hardest decisions for many people – excluding those who want to keep on working – is choosing when to stop. There’s no mandated retirement age as such, although there are prescribed...
There are changes aplenty in the superannuation space at present, but some things have stayed the same. One of which is that there are still multiple benefits to running your own super fund, regardless of any changes to the general super landscape. In fact, more and more...
A pause in super contributions can have long-lasting effects. Here's how to plan ahead for super breaks. There’s a host of reasons why people take career breaks. Having and raising children, or taking an extended holiday or sabbatical, are the most common reasons. Vanguard’s 2023 How Australia Retires study, based...
When and how you can access your super to start an account-based pension. If our working years can be regarded as the time when we aim to build up our superannuation savings, our retirement years can equally be regarded as the time when we aim to...
With ample time left before 30 June, now could be a good time to catch up on super. The early part of each year is often a good time to review your investing strategy for the calendar year ahead and beyond. And, with less than six months...
If you've made the right moves in your career, you could have a decent financial foundation to last you the rest of your days. However, it's possible for people to reach seniority with an empty bank account. In such cases, thriving in your older years becomes extremely...
How much tax you pay on retirement income depends on your age and the type of income stream. For most people, an income stream from superannuation will be tax-free from age 60. How super income streams are taxed Types of super income streams Income from super can be an: account-based...
We spend decades watching our super balances grow but for those thinking about retirement in the next few years, it can be confusing to work out how best to use your super. Here are some of the considerations for the popular options. Easing into retirement You can keep...
He is also an accomplished presenter and educator
Co-authoring the popular investment book, Property vs Shares.