When modest doesn’t cut it

Regular readers of our blog will be familiar with the work that the Association of Superannuation Funds of Australia (ASFA) does in producing quarterly estimates of just how much it cost to live in retirement. Tealey and I usually sit glued to our computer screens following the end of each quarter, ...

Age Pension and the Superannuation Sweet Spot?

What am I talking about? I will try and provide a very simple explanation.  The “Superannuation Sweet Spot” is recent terminology referring to the amount of money a person or couple needs to have saved in superannuation to ensure they achieve a reasonable level of income while maximizing their age pension. There ...

Dividend imputation – what does Labor’s announcement mean?

In the past week, there has been an enormous kerfuffle about Mr Shorten’s plans to abolish the refunding of excess franking credits. On the surface, this might look like a topic that is best ignored, however, there has been so much media commentary both in favour of and against the proposal, ...

Should life be this hard?

Have you ever tried to change your bank, electricity supplier or phone/internet provider? Why is it just so hard? A couple of years back I heard a theory that banks aspire to have multiple relationships with their customers. They work on the philosophy that the more relationships (i.e. accounts) a person has ...

Age Pension – not set and forget?

Applying for an age pension is not easy. There is a comprehensive and complicated application form with an extensive number of questions to be answered and depending on your circumstances, innumerable documents that need to be  photocopied and lodged as well. If an application is successful and the age pension is granted, ...

 

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