Keep up with the latest news and updates
July 29, 2022
How many more years until you finally say goodbye to that lovely boss of yours so you can finally spend your golden days relaxing in a hammock by the beach somewhere? For some, the retirement dream is exciting, but for others, the prospect is not that bright, especially for those who are still in deep
July 15, 2022
William and Amelia are retirees who are proud homeowners of a lovely bungalow in Surry Hills, Sydney*. They bought the house in 1975 for only $127,000 and thanks to the property boom, the home is worth approximately $700,000 today. The couple has been retired for more than a decade and relied on their pension as
June 15, 2022
Australian seniors are feeling the pinch from the rising prices according to the latest data released by the Association of Superannuation Funds of Australia (ASFA). The advocacy group reveals the latest increase in the cost of living for some retirees is the largest seen in 12 years. For example, Australian couples around 65 years need
June 1, 2022
A retirement think thank believes that staying in the workforce for at least six years can add more money to your superannuation. The Rainmaker report demonstrates the effects of compounding investment returns when a pre-retiree regularly tops up his retirement savings. Rainmaker Information provides market-leading data, research, and market insights about the Australian wealth management
April 5, 2022
As Australia gradually recovers from the effects of Covid-19, Federal Treasurer Josh Frydenberg handed down the federal budget. Typically delivered in early May, the budget speech was scheduled earlier due to the upcoming election. Here are the salient features of the budget affecting Australian retirees. More funding for aged care The federal government will allocate
March 23, 2022
The Morrison government has announced the cutting of interest rate it charges for Australian retirees who unlock their home’s equity. Known as the government’s version of a reverse mortgage loan, the Pension Loans Scheme (PLS) will now be called Home Equity Access Scheme (HEAS). The scheme will still allow pensioners to tap into their home
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