Tag Archives: Retirement Planning

Considerations for different retirement living options

Posted on 01. Aug, 2021 by .

Whether downsizing your home, relocating to a new city, modifying your existing property, or entering an independent or assisted living arrangement is on the cards, thinking ahead could create more certainty. When thinking about your retirement, financial and non-financial considerations will all play a part. Downsizing your home, relocating or both For many Aussies, retirement […]

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Can I go back to work if I’ve already accessed my super?

Posted on 01. Jul, 2021 by .

Generally, you can, but there may be other things to consider. When you access your super at retirement, depending on your age and personal circumstances, your super fund may ask you to sign a declaration stating you intend to never return to work again. However, there could be compelling reasons as to why you might […]

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Your super checklist for EOFY

Posted on 01. Jun, 2021 by .

The lead up to 30 June can be a good time to maximise tax benefits that may be available to you inside super. If you’re keen on taking advantage of potential tax benefits available inside super, or are looking at ways to rebuild your retirement savings (for instance, you may have made a withdrawal as […]

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Tips for parents who became the bank of mum and dad

Posted on 01. Mar, 2021 by .

Aussie parents have coughed up more than $26 million to help their adult kids since COVID-19 hit our shores – and one in five is at financial risk from doing so. Parents helping their adult kids financially isn’t an unfamiliar concept in this country, but figures reveal mums and dads have forked out approximately $26.8 […]

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Ways to help reduce your debts before you retire

Posted on 01. Dec, 2020 by .

As your working life draws to a close, your social life and recreational activities don’t have to. If you’re anxious about money still owing, here are some helpful hints. Ahh retirement! You may have been dreaming about it for decades. You see yourself hanging up the work boots, putting away the laptop, swinging in a […]

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Gifting and financial generosity during coronavirus

Posted on 01. Jun, 2020 by .

Are you thinking of giving or lending money to adult children (or other family members) who are in financial hardship?  Parents are often called on to help during times of crisis. Now, with a growing number of people experiencing financial hardship as a result of the coronavirus pandemic (COVID-19), there’s an increased chance that parental […]

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Planning Your Aged Care Needs

Posted on 09. Jul, 2019 by .

The wave of older Australians will continue to grow over the coming decades. As such, we can no longer afford to ignore the issues around aged care with over 1 million retirees already accessing aged care services in Australia. Planning ahead can help to demystify aged care and reduce stress levels. With awareness and pre-planning, […]

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Would you like to retire by 40?

Posted on 01. Mar, 2019 by .

Many younger Australians are joining the Financial Independence, Retire Early (FIRE) movement. Is it right for you?  When you’re starting out in the workforce and building your career, retirement can seem like a long way away. And with the age at which you can access your super and age pension creeping up—not to mention the […]

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Your retirement questions answered

Posted on 01. Jul, 2018 by .

© AMP Life Limited. First published January 2018 If you’re wondering what you might do with your super money when you do access it, remember there will be a number of things to weigh up and look into. How can I take my super? Taking super as a lump sum A lump sum could help […]

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Social Security Age Pension Assets test changes in January 2017

Posted on 01. Sep, 2016 by .

You may be aware that the Age Pension assets test will change from 1 January 2017, impacting the thresholds by which the value of assets owned (excluding the family home) are based on, before you may lose your eligibility for the Age Pension. These changes are aimed at increasing the amount of people eligible for […]

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