If you have already retired, or are close to it, from 1 July 2021 you may be able to boost the amount in your tax-free super pension account.
Set out below are all SuperGuide articles that relate to Case studies.
The lowdown on COVID-19 relief for SMSF borrowings
Answers to common questions from SMSF trustees about repayment relief for their LRBA loans.
Case studies: How the Age Pension Work Bonus can boost income
You may be able to earn more income than you think without losing your Age Pension entitlements. We show you how.
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.
Retirement planning case study: Couple aged 47 and 48
Chris (47) earns $180,000 per year and has $430,000 in super. Lisa (48) earns $80,000 per year and has $220,000 in super. They have one daughter at university and are close to paying off their mortgage. They want to know if they are on track to retire when Chris turns 60.
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Retirement planning case study: Couple aged 58 and 60
Dan (60) is a freelance web designer who earns $76,000 a year. He hasn’t always put money aside for super, so his balance is a relatively low $120,000.
Retirement planning case study: Single woman, aged 52
Deb is worried that she won’t have enough savings to live comfortably in retirement and, at age 52, wonders if she’s left it too late to catch up.
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.
Case studies: How is the Age Pension assessed?
In this article we detail how the Age Pension is assessed, how the income and assets tests work, and illustrate with case studies for a Single and a Couple.
What is the Pension Loans Scheme, and how does it work?
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.
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How the Division 293 tax works: Super surcharge for high earners
High income earners need to watch they don’t incur an extra 15% tax on their super contributions under the Division 293 rules. Here’s a simple guide to everything you need to know.
Your tax guide to accessing your super under age 60
Although you can retire and access your super if you’re under age 60, the tax man is going to want his cut, so ensure you understand the rules before acting.
Your tax guide to accessing your super over age 60
Knowing how much tax you’ll pay when you withdraw your super savings is important and the rules change once you reach age 60.
TBAR: Transfer balance account reporting for SMSFs
Transfer balance account reports notify the ATO of any changes to SMSF trustees’ transfer balance accounts.
What super contributions are best for me?
Working out the best mix of super contributions to grow your nest egg can be confusing. Here are some simple case studies to help show you the impact for Aussies of different ages, incomes and work situations.