Money magazine Comments - Ask Paul: An inheritance means I will lose the pension - and I'm fine with it

Comment by Yvonne Dickens ()

Yvonne Dickens () — Thu, 10 Mar 2022 07:55:25 +1100

What age do you have to stop working in Australia and if you are still working past 70 do you still have to pay tax

Yvonne

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Comment by Kelsey M ()

Kelsey M () — Thu, 10 Mar 2022 09:01:25 +1100

There's no age limit on working you can work as long as u can hold down a job You can't reitire if you cant afford it but u have to keep paying tax

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Comment by Laurie Fletcher ()

Laurie Fletcher () — Mon, 14 Mar 2022 11:20:03 +1100

My husband is on long service leave and won't be going back to work afterwards. He is 68 and going to retire. I am 69 and still working as I can't get the pension because he's still officially working.

My question is "why can't I get the concession card"

I have been a tax payer all my life. I would like to retire too

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Comment by Hazel Milenkovic ()

Hazel Milenkovic () — Wed, 06 Apr 2022 16:58:26 +1000

Hi Paul, I'm on the aged pension and was wondering if I went back to work on a casual basis and put all of my earnings into Super, would I still have to pay income tax and would it interfere with my pension. Thanks

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Comment by Money magazine ()

Money magazine () — Wed, 06 Apr 2022 20:25:08 +1000

Hi Hazel,

Thanks for your comment.

Unfortunately, Paul cannot respond to comments, but we will pass your question along to him for his consideration for a future issue of Money magazine.

- Money team

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