The Home Equity Access Scheme (previously known as the Pension Loans Scheme) facilitates a loan from the government against the equity in your home.
One of the first questions people raise when they’re thinking about retirement is whether they can afford it. Some simple rules of thumb aim to act as a guide.
We’d all like a crystal ball showing our nest egg at retirement. Failing that, a good place to start could be the retirement estimate on your annual statement.
While markets are talking up interest rate rises, retirees should be more worried about the potential impact of rising inflation on their retirement income.
Even though SMSFs have been quietly dropped from the government’s proposed Retirement Income Covenant, that doesn’t mean trustees should ignore it.
It’s been a long time coming, but more super funds are responding to calls for reliable retirement income that lasts as long as you do.
Want to know how much income you will need to live well in retirement? This rough estimate may help.
The amount of super YOU need to retire will depend on your personal circumstances, financial resources both inside and outside super and your lifestyle. So before you set an arbitrary super target, block out the fearmongers and think about the big picture.
Corporate Australia is emerging from COVID in good shape and dividends are making a comeback. So what dividend yields are on offer and where do dividends fit into your income strategy?
Even the experts acknowledge that our retirement income system is complex, so it’s important to clear up some common misunderstanding.
Lee and Mandy are retired and want to see whether downsizing could increase their retirement income.
If your super account is not as big as you would like when you retire, one solution could be to look to your home as a way to generate some extra money – and that doesn’t necessarily mean you need to become an Airbnb host.
Tracey Spicer talks to Dr Sarah Sinclair from RMIT about home equity release products for retirees, such as reverse mortgages and the Pension Loans Scheme.
It’s quite a challenge to succinctly summarise the 233,117 words of the Retirement Income Review, and the report itself will be dwarfed by the coverage it receives in the coming weeks, months and years.
There are many strategies you can employ to ensure that you’re making the most of your Age Pension, and in this article we’ll showcase some of the best options that may assist you.