Good news: more people 65yrs+ can access a pension.
The good news is that the Federal Government is ensuring that more people aged 67 and above can access the Age Pension. But the confusion and complexity around means testing has to be confronted before more money flows your way. The Age Pension increased on…
Retirement anxiety: how to overcome it
The anxiety that can come with retirement is very real. Adults, 60 years of age and older, are more likely to experience physical symptoms of anxiety than younger people. Baby Boomers (born between 1946 and 1964) and Gen X (1969 to 1979) have never experienced…
What an advertisement: Beryl, now 100, has lived at Southern Cross Care (SA, NT & VIC) Mornington Retirement Village for 22 years
It was in 2001 that Beryl Spencer moved into the Shearwater Apartments at the retirement village in Mornington, 46km southeast of Melbourne’s CBD, for extra support and to remain independent. She celebrated her 100th birthday with her 98-year-old sister Edna, who still drives her own…
How to plan for retirement – well before you intend to
There are many steps that you can take to prepare for retirement. Having a financial plan is of paramount importance Julianne Parkinson, founding CEO of the Global Centre for Modern Ageing (GCMA), advises those approaching retirement to regularly assess their financial plan or consult…
Over 55 and having trouble sleeping? Researchers need you
Researchers at the University of Western Australia are looking for adults aged over 55 with insomnia to take part in a new study. There is no upper age limit. Research supervisor, Dr Melissa Ree said effective insomnia treatment can help with a range of conditions….
People have multiple retirement concerns, according to AMP survey of over 50s
New research by AMP shows that most older people find it challenging to navigate the retirement system and lack knowledge about fundamental aspects of managing their retirement finances. For people aged 50 and over the research found: “This lack of financial knowledge about retirement is…
This is why eligible people should apply for a Seniors Card
Each State and Territory operates a Seniors Card and they not only save the holder a lot of money but open the door to a range of social activities. To show how valuable a Seniors Card is, South Australian Seniors Card holders have collectively saved…
Fewer retirement villages are offering capital gains – but it’s far from bad news
73% of retirement village operators surveyed in the 2022 PwC Property Council Retirement Census did not offer residents an opportunity to share in any capital gains or capital losses, more than triple the number in 2017. The number of retirement villages no longer offering capitals…
More taxpayer funds for Men’s Sheds with $10,000 grants available
131 Men’s Sheds will share almost $670,000 in Australian Government funding to continue supporting the health and wellbeing of their community. Up to $10,000 each will be awarded to help sheds with improving their facilities, buying tools and equipment, coordinating health-related training, and hosting events…
Can I afford to retire and enjoy the lifestyle?
Is your partner starting to talk about retirement, or are you beginning to feel it is time to step back from work? Whatever the reason, you may be asking: can I afford to retire? It is a personal decision that requires a lot of thought…