Retirement planning

Retirement planning covers topics such as how much superannuation is enough, taking a super pension, claiming the Age Pension, making superannuation contributions while receiving a pension from a super fund, estate planning and looking after your family.


Below are some of our key Retirement Planning articles:

Set out below are all SuperGuide articles explaining Retirement planning.

Financial advice: Only 58 independent financial advisers in Australia

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Note: This article is updated regularly when new financial advisers join the independence club (latest update May 2015). A financial adviser does not have to be a member of the IFAAA to join the SuperGuide list, provided they can declare that they satisfy the requirements of being an independent … [Read more...]

2015 Federal Budget summary: No new taxes on super but bumpy ride for retirees

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On 12 May 2015, the federal treasurer Joe Hockey released the second federal budget of his career. While last year’s budget was fire and brimstone and targeted ‘leaners’ (who Hockey blamed for the state of Australia’s finances, when he was not blaming the former ALP government), Hockey’s launch of … [Read more...]

Budget brief: will I lose my age pension?

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By Rafal Chomik, UNSW Australia Business School The Conversation’s Budget briefs series aims to answer reader questions about the 2015 federal budget. The 2015 budget confirms pre-budget announcements that the government is committed to reducing the cost of the age pension, but will now do so … [Read more...]

Age Pension assets test changes: Comments from readers

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On 7 May 2015 (and confirmed in the May 2015 Federal Budget), the Minister for Social Services, Scott Morrison announced two key changes to the Age Pensions assets test, to take effect from January 2017 (assuming the Liberals win the next election). Our SuperGuide readers had a few things to say … [Read more...]

300,000 retired Australians to lose some or all Age Pension entitlements

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More than 300,000 Age Pensioners will have their Age Pension cut, with just under 100,000 of those affected Australians losing all Age Pension entitlements, taking effect from January 2017. On 7 May 2015 the federal government announced changes to the Age Pension assets test (and confirmed this … [Read more...]

Are you eligible for a Commonwealth Seniors Health Card?

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IMPORTANT: Since 1 January 2015, new applicants for CSHC need to include tax-free superannuation income when assessing CSHC eligibility. Effective from September 2014, the government indexed the income test thresholds for the CSHC. The income test thresholds will be now indexed annually from … [Read more...]

Seniors Health Card (CSHC) changes now law

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The changes to the income test for the Commonwealth Seniors Health Card are now law. In the 2014 Federal Budget, the government announced that the Commonwealth Seniors Health Card (CSHC) income test would be changed so new applicants must include superannuation pension income, from 1 January … [Read more...]

Seeking advice? Financial Advisers Register is a starting point

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On 31 March 2015, the Australian Securities & Investments Commission (ASIC) launched the first phase of the much-talked about Financial Advisers Register. The Register (FAS), contains information about 19,000 advisers. ASIC has also kindly updated its consumer information about how to choose a … [Read more...]

ALP policy hits super contributions and pension earnings

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Note: If you are retiring with $500,000 (or even less) in a super pension, you could potentially be hit with the ALP’s proposed new tax on pension earnings. On 22 April 2015, the leader of the opposition, Bill Shorten announced the ALP’s superannuation election policy. If the ALP wins government, … [Read more...]