Friends With Money #210: Ways to maximise your age pension
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The age pension can be a crucial part of the financial mix in retirement, but many retirees aren't unlocking its full potential.
On this episode of the Friends With Money podcast, Money's Tom Watson is joined by Andrew Dinsdale-Scanlon from TelstraSuper Financial Planning.
They run through the financial strategies that could help Australians maximise their age pension entitlements.
00:00 Introduction
00:41 Overview on maximising the age pension
01:48 Strategies to reduce assets
03:31 Spousal contributions
05:13 Understanding lifetime pensions
08:07 The impact of debt on the age pension
09:49 Conclusion
*Proudly brought to you by Telstra Super
Disclaimer: Andrew Dinsdale-Scanlon is a financial adviser with Telstra Super Financial Planning Pty Ltd ABN 74 097 777 725 AFS Licence No. 218705. TelstraSuper Financial Planning provides financial advice service to members of TelstraSuper ABN 85 502 108 833. Telstra Super Pty Ltd ABN 86 007 422 522 is the trustee of TelstraSuper and wholly owns TelstraSuper Financial Planning. Advice that Andrew gives is of a general nature and does not take into account the particular circumstances or needs of any specific person and because of that, you should consider your own circumstances before acting on any advice . Additionally, the scenarios discussed are based on the relevant superannuation rates and thresholds for 2024/25 and may change in future years. If you are considering acquiring a financial product from TelstraSuper you should read the relevant product disclosure statement and target market determination before making a decision which are available at www.telstrasuper.com.au. The financial services guide for TelstraSuper Financial Planning is available at www.telstrasuper.com.au.
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What is the Friends With Money podcast?
Friends With Money is a weekly personal finance podcast by Money magazine, offering expert insights on investing, budgeting, superannuation, property, and other money strategies for everyday Australians.
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You can listen on Apple Podcasts, Spotify, or YouTube (with closed captions available).
Who hosts Friends With Money?
Episodes are hosted by Vanessa Walker and Tom Watson from Money magazine, featuring expert guests and real conversations about money.
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Yes! It's designed to be accessible for beginners while still offering valuable insights for seasoned investors.
What topics does the podcast cover?
The Friends With Money podcast covers topics including banking, property, budgeting, superannuation, investing, saving, insurance, employment, travel and more.
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New episodes are released weekly, so you can stay up to date with the latest financial tips and trends.
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Yes, full episodes with closed captions are available on YouTube.
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