Your twenties are all about starting to carve out your own path, finding your feet, revelling in the freedom of adulthood and just having a great time, right? Absolutely. But,…
Defined benefit funds are superannuation funds where members’ contributions are pooled instead of being allocated to particular fund members. More common amongst superannuation funds for public sector employees, the benefits…
A growing number of Australians are encountering the challenges of assisting elderly relatives with the move into aged care. One of them is David. Recently, he had to help his…
With Australia’s age pension being subject to an assets and income test, a simple way for part-pensioners to increase their pension payments is to give away some assets. Not surprisingly…
We’re an ageing population; the media keeps reminding us, as does the government, but are we prepared for what this means? As a society? As individuals? One thing’s for sure…
With all of the talk about the need to be self-sufficient in retirement it’s not surprising that many people assume that the government-funded age pension will be phased out altogether…
Retirement may seem a long way off, but planning for it can never start too soon. It makes sense why – we’re living much longer lives than we used to.…
Many of us would like to think that ‘older’ means ‘wiser’, but when it comes to money that isn’t always the case. The complexity of Australia’s superannuation and pension systems…
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