How much do you need to fund your ideal retirement? We take a look at how much income you may need, and what to consider after you retire. Everyone has a different vision for their retirement. Yours might involve overseas and interstate travel and an active social life. Or perhaps...
News
Your Retirement Income Options: Introducing the Age Pension
The Age Pension is an important financial safety net for many older Australians. It’s the most common type of pension you can receive from the Government. Around 65% of people in retirement rely on some form of Government pension or allowance as their main source of personal income1. Am I...
Approaching Retirement: Are You Ready?
If life is what happens when you’re making other plans, retirement is no exception. Thanks to health issues, redundancy and family responsibilities you might be saying goodbye to working life before you’re good and ready. If you are in a position to put your plans for retirement into action, health,...
The Government’s JobKeeper Payment Explained
On 30 March 2020, the Federal Government announced the introduction of the JobKeeper Payment. The payment is a wage subsidy paid by the Government to businesses significantly impacted by the Coronavirus. This will allow employers to continue paying their employees whether they are able to work or not. The Government...
Receiving a Redundancy Payment
If you are about to receive a redundancy payment, there are several issues you need to consider: You will need to be able to understand the various components of your employer redundancy payment and how it can be used to achieve your overall financial objectives. You may have to address...
Aged Care & the Family Home
Using the family home to fund aged care can be a complicated decision, with many interdependent factors to consider. Working out what to do with your family home when you’re getting ready to move into residential aged care is one of the biggest decisions you and your family can face....
Aged Care – Part 3: Fees & Funding
Aged care can be a tricky area to navigate, and requires careful thought. To help you or your loved one obtain the best outcomes, this three-part guide will take you through the process of applying for, receiving, and paying for suitable aged care services. This third part of the series...
Aged Care – Part 2: Types of Aged Care Available
Aged care can be a tricky area to navigate, and requires careful thought. To help you or your loved one obtain the best outcomes, this three-part guide will take you through the process of applying for, receiving, and paying for suitable aged care services. This second part of the series...
Aged Care – Part 1: Approval
Aged care can be a tricky area to navigate, and requires careful thought. To help you or your loved one obtain the best outcomes, this three-part guide will take you through the process of applying for, receiving, and paying for suitable aged care services. This first part of the series...
Update on Government Stimulus Measures to Combat Coronavirus
Since the release of the Coronavirus stimulus package there has been some clarification of several measures and a number of further announcements which seek to extend assistance to more people who have been impacted. The following provides more details on these measures: Coronavirus Supplement – The Coronavirus Supplement $550 fortnightly...