How the Home Equity Access Scheme works (formerly Pension Loans Scheme)
The Home Equity Access Scheme (previously known as the Pension Loans Scheme) facilitates a loan from the government against the equity in your home.
Rules of thumb: Do these popular retirement planning hacks measure up?
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.
How accurate are ‘retirement estimates’? 7 assumptions you need to understand
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.
How inflation affects your retirement income forecast
While markets are talking up interest rate rises, retirees should be more worried about the potential impact of rising inflation on their retirement income.
Should you develop a retirement income strategy document for your SMSF?
Even though SMSFs have been quietly dropped from the government’s proposed Retirement Income Covenant, that doesn’t mean trustees should ignore it.
Which super funds offer income for life?
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.
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.
