Retirement villages’ exit fees being paid out quicker
Diligent research of retirement villages will find that the exit fee – buyback – has historically been an adverse issue for residents. The exit fee, also known as the deferred management fee or departure fee, is the amount the resident in the retirement village has…
Over-55s: you can now contribute money from downsizing your home into your superannuation
Good news for over-55s looking to downsize: the Federal Government has lowered the age at which you can add a voluntary contribution from home sale proceeds into your super. Previously only open to those aged over 60, the downsizer scheme dropped its eligibility age to…
Four easy tips to get on top of your superannuation
Do you know how much superannuation you have saved up? You should: according to research, people who know their exact balances are more likely to be in a high-performing super fund. A survey by UMR for Industry Super Australia has found that just 26% of…
NSW Government offers older first home buyers a leg up with the mortgage
Buying a home can be difficult – especially if you’ve been off the property ladder for most of your life. Fortunately for aspiring NSW homeowners, the State Government has set up a scheme to help you make that important purchase. Starting on 23 January, 2023,…
Can I still work on the Age Pension?
The Age Pension is supposed to take care of some of your financial needs as you get older – but many recipients may want or need some extra money, or want to work as a way of keeping themselves occupied. Income from work will affect…
Grow your super on your own – the earlier the better
Are you making voluntary contributions to your superannuation? When it comes to retirement, every little bit helps. According to an Equip Super survey of more than 2,000 Australians, 46% have made voluntary contributions to boost their super savings – and of these, 65% made their…
Just how much money do you need to retire?
How much money do you need to retire? Over 50% of us don’t have enough super or savings to retire. Get empowered with the tools to plan your retirement finances.
Your roadmap to reducing retirement stress
To help you keep your retirement planning on track, we’ve put together a checklist of the legal, financial, and medical tasks to prioritise.
Downsize in retirement: don’t waste your greatest asset
Downsizing in retirement is a great way to reduce maintenance and increase cash flow. In this blog we’ll explore the advantages of downsizing and your options.
How to protect your pension as you enter retirement or care
Moving into a retirement village or care home can be stressful enough without having to worry about your pension. Here are some tips for keeping your payments.