Key takeaways The various financial factors taken into consideration by the government when determining your eligibility for the Age Pension, such as income, savings, and assets. The residency criteria for Age Pension eligibility. The various ways in which you can...
Conditions of release of super The conditions of release that must be satisfied for legal superannuation withdrawals. You can withdraw your super when you: turn 65 (even if you haven’t retired) reach preservation age and retire or start a transition to retirement...
Bucketing is a smart way to manage your money without complicated budgets or spreadsheets. The idea is to set up multiple bank accounts called ‘buckets’ and use each one for a specific purpose, like bills, savings or entertainment. Once your buckets are set up, it’s...
Key takeaways The benefits of having life cover within super, such as lower premiums, fewer barriers to obtaining coverage, and greater convenience. The issues to be mindful of, such as a lack of portability, gaps in coverage between jobs, limited customisation, and...
Employers are desperate for workers and cost of living pressures are making it tough to live on a pension. That’s a perfect mix of conditions to send some retirees back to work. But it’s smart to get good advice before you take the leap. With unemployment rates at...
Look for a good currency exchange rate and check the fees when sending money overseas. A small difference can mean more money gets to your family or friend. Types of overseas money transfers Money transfer company A money transfer company is usually the cheapest way...
