As people live longer, mature age is being redefined. Far from viewing retirement as the final curtain call, a growing number of retirees see the milestone as the start of something new. It’s a chance to explore the world, pursue an adventure, learn new skills, graduate from university and celebrate the best of a whole new life stage.
Whether by choice or necessity, more Australians are embracing working for longer. Yet there are obstacles to overcome when you’re looking for work in your 50s and older.
Scammers targeting early release of super, ASIC announces advice relief measures, ATO releases Q&As on coronavirus, SMSF annual returns can be deferred, and the federal government releases a Code of Conduct for commercial tenants and landlords.
With life expectancy projected to continue to rise, along with the cost of living, older Australians face both opportunities and challenges as they head into their ‘third act’ of life.
Move over midlife crisis. New research shows more of us are going through a major life reassessment much later in life.
Pensioners, veterans, other income support recipients and concession card holders will receive a one-off payment of $750 as part of the Government’s $17.6 billion plan to prevent the economy sliding into recession following the coronavirus pandemic.
We’re starting families later, retiring later and living longer than ever before. But what do older Australians think living longer might look like?
Super funds stay safe in short-term volatility, NAB hit with new class action, no increase in $1.6m transfer balance cap, older Australians resist home modifications and more Australian seniors would downsize if they could.
We asked financial advisers to share their top tips. From downsizing your home to changing the way you think about retirement, here’s what they want us to know.
This month we look at what support is available to Australians affected by the bushfires, changes to legislation allow high earners to opt out of some SG payments, warnings from the ATO and ASIC on early release of super schemes, the price of medications for pensioners has come down, FASEA’s ethics rules are now in place and APRA launches a new sustainability standard.
We asked 15 retirees, ‘If you knew when you were younger what you now know about retirement, what would you have done differently?’ Here’s what they said.
This month we look at APRA’s MySuper heatmap, the new ‘Right to remain’ test recommendation, longevity tables in need of an update, new research shows that the majority of Australian retirees are independently navigating their way through their retirement finances and Treasury invites submissions as it considers the present and future performance of our retirement income system.
US investment giant sets its sight on Australian super, AFCA’s comparative reporting tool launches, ASIC flags potential downsides of SMSFs, Australian financial institutions at risk of cyberattack and SMSF couples track well against lifestyle goals.
Along with planning and saving for retirement, it pays to prepare your relationship for the changes ahead.
This month we look at the new proof-of-life certificates required for pensioners overseas, the launch of Australia’s first independent superannuation consumer advocacy organisation, the announcement of a major review of Australia’s retirement income system and an awareness campaign to help you stay safe online.