pension

This report was sponsored by QSuper but was independently researched and written If 2019 brings plans to retire, it's time to view your super through fresh eyes After decades of growing your super, it can call for a very different mindset to start drawing ... More

Q. I am 61 in a commission-only job paying about $80,000 and my wife does 25 hours a week at $40 an hour. We are renting for $610 a week. We have $900,000 sitting in a term deposit. I have $27,000 in super and my wife has $60,000. We are not sure what ... More

Q. I am 50 and due to my health not being in great shape I have probably eight to nine years left in work. My wife is 48 and works part-time on $26,000 a year and is worried about our situation. We own our home, which is worth $500,000, and have $220,000 ... More

How bad are reverse mortgages? Let me put it another way. How long would it take for your equity to be completely wiped out because you borrowed money against your home? While there's no denying that in the right circumstances reverse mortgages ... More

A growing number of Aussies are chasing a cheaper lifestyle overseas Add runaway power bills and exorbitant property prices to cold winters, rising crime rates and overcrowding, and it's easy to see why more Australians are swapping the traditional ... More

Retirees are being encouraged to spend their savings, even "eating the house" One of the more intriguing measures in this year's federal budget was the extension of the Pension Loans Scheme to all pensioners. The scheme currently allows a part-pensioner ... More

Full of pre-election goodies, the coalition government has used its generous baby boomer and pensioner package within the Budget to hit back at what it regards as Labor policies designed to "attack retirees". Based on the robust assumption that recent ... More

As you near retirement, early planning will benefit your future lifestyle Age matters when it comes to super. By the time you hit 60, you need to start thinking about your retirement strategies. It's a highly complex area with many age- and work-based ... More

Q. My wife (68) and I (63) own a property in Brisbane valued at around $725,000. We have a neutrally geared investment property on the Sunshine Coast valued at around $650,000 with $215,000 left to pay on the mortgage. Our combined superannuation is ... More

Financial planners sometimes warn their clients that the age pension is vulnerable to political risk. This means that the federal government may tinker with it further, making it harder to rely on it for retirement plans. "With the strike of a pen ... More