Older Aussies looking to boost their retirement income can take advantage of the government’s Pension Loans Scheme to generate a non taxable fortnightly income stream that helps pay their bills.
Target retirement income: The 66–80% rule of thumb
Want to know how much income you will need to live well in retirement? This rough estimate may help.
How much super do I need to retire?
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.
Dividends shaken but not stirred
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?
10 common ‘myth-conceptions’ about retirement income
Even the experts acknowledge that our retirement income system is complex, so it’s important to clear up some common misunderstanding.
In retirement case study: Boosting retirement income with downsizer contributions
Lee and Mandy are retired and want to see whether downsizing could increase their retirement income.
Reverse mortgages: What are they and how do they work?
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.
Video: Home equity release for retirees
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.
Key observations from the Retirement Income Review
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.
How to maximise your Age Pension
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.
Rules of Thumb: Do these popular retirement planning hacks measure up?
When it comes to retirement planning and superannuation there is a lot of uncertainty; how long you will live, how much income you will need, what the markets will do and how long your savings will last.
How can you plan your income needs in retirement?
How to plan your income in retirement can be one of the most confusing aspects of retirement planning. In this video members of the Profession of Independent Financial Advisers provide some insights into how they approach it.
Worried about your post-virus finances? 10 tips to help stretch your retirement dollars
With sharemarkets swooning, interest rates being cut and super balances dropping, many retirees are starting to worry about their finances. Here’s our 10 suggestions to stretch your retirement income.
Is a bucket strategy the solution for your retirement income plan?
When you retire, how you put your investment portfolio together is more important than ever if you want your retirement savings to last as long as you do.
What is an investment-linked annuity?
An investment-linked annuity is a lifetime income stream where the retiree’s income varies to reflect changes in the value of a selected investment option.