New law changing the social security assets and income treatment of new lifetime income streams commenced on 1 July 2019

November 26, 2019

The social security assets and income tests Eligibility for the Age Pension is based upon a number of factors and subject to both an assets and an income test (known as the social security means test). The social security means tests are based on a person or couple’s level of assets or income over and […]

Staying (financially) well as the years go by

November 26, 2019

Our financial priorities tend to change as we move through life The good news from AMP’s 2018 Financial Wellness Indexi is that only 7% of Australian retirees aged 65 or over report being stressed about money. So if you’re feeling the pinch earlier in life there is light at the end of the tunnel. Let’s […]

Rebooting for retirement

November 26, 2019

As retirement comes into view, it’s time to imagine a new you for the post-work age. You remember your first day at school, your first job, your first home. And now your final pay check is in sight. That’s quite an achievement. As with other big life events, retirement triggers choices that shape your future. […]

A Healthy Lifestyle

November 13, 2019

A healthy lifestyle involves a wholesome diet, sleep and regular exercise. By Kerry Nielsen Sleep (my number 1!) If you don’t have enough sleep this will affect your eating choices, mental health, attitude, energy & effectiveness. * This is the foundation of a healthy lifestyle Food choices Focus on what you can eat and not […]

Resist Today, Relax Tomorrow

November 13, 2019

Can you recite the last line of Gone with the Wind? If not, you’ll find the answer at the end of this article. If you scrolled down straight away, you might be too keen for your own good. We’ve all heard that patience is a virtue, and it can even save you money. For people […]

High times for low interest rates

November 13, 2019

With mortgage rates at their lowest since the days of black and white TV, this might be the right time to make a serious dent in your home loan. Lower rates mean any money you have in the bank could be earning less interest. But if you have a variable home loan rate and your […]

Powers of Attorney – Victoria

October 23, 2019

Most people acknowledge the importance for very elderly people to have Powers of Attorney (POA) in place. But we maintain EVERYONE should arrange for their own Powers of Attorney, no matter what age they are. Below are some common misconceptions, and our comments on them. But I have a Will, so I don’t need any […]

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

October 23, 2019

When you access your super at retirement your super fund may ask you to sign a declaration stating that you intend to never be employed again. But there may be compelling reasons why someone would subsequently return to work. According to the Australian Bureau of Statistics (ABS) the most common reasons retirees return to full […]

Making the most of record low interest rates

October 23, 2019

The Reserve Bank of Australia (RBA) took the cash rate to a record low of 1% in July, bringing mortgage rates to their lowest level in more than half a century. However, the low cash rate also means your money in the bank could be earning less interest. Why did the RBA cut rates? Rate […]

Ways to invest your money

September 17, 2019

If you’re interested in seeing what your options are outside of investment property and super this article explores some of the different investment options available. Cash investments If you put your money into cash investments (including savings accounts and term deposits), the returns will often be lower in comparison to other investment products. However, these […]