Mothers taking a break work, Australians employed overseas, part-time workers, and the self-employed could all be affected by the changes to super that kick in on July 1.
It’s been around since 1985 but few Australian pensioners have taken up the Pension Loans Scheme, which allows them to unlock money tied up in their homes to help pay for day-to-day expenses.
Most Australians believe the age pension represents at least half of what they would need to live on in retirement.
With the Coalition’s promised tax cuts unlikely to start on July 1, can Australians look forward to any joy when it comes to tax? These changes might help.
With a 10-year-age gap, Maris is still working while her husband is ready to retire but has little super. Will he qualify for the pension if she drops back to working three days a week?
Stephanie and her sister have vastly different financial situations and they’ve just inherited a unit from their grandmother.
After decades of growing your super, it can call for a very different mindset to start drawing down the money in retirement. But thinking about how to make the most of your nest egg is critical to this new life stage.
Still renting at 61, Alison has been advised to buy a home before she reaches retirement age in order to qualify for the pension.