Returning to work after retirement
November 1, 2023
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 historic lows and employers facing a shortage…
8 retirement mistakes and how to avoid them
February 1, 2023
Retirement is a phase of life most of us look forward to. It’s a chance to pursue other interests, travel and maybe do some part-time work or volunteering. Thanks to more than 30 years of compulsory superannuation, we are also retiring with more savings than previous generations and have higher expectations of the lifestyle we…
How much do you need to retire
September 1, 2022
Working out how much you need to save for retirement is a question that keeps many pre-retirees awake at night. Recent market volatility and fluctuating superannuation balances have only added to the uncertainty. So it’s timely that new research shows you may need less than you fear. For most people, it will certainly be less…
A Will to give
July 1, 2022
As baby boomers shift into retirement, Australia is on the brink of the nation’s biggest ever intergenerational wealth transfer. Yet estate or inheritance planning is rarely discussed by families. Talking openly about how you want your assets to be passed on can help avoid family disputes that take a toll both financially and emotionally. It…
The Rich Life Vol 54
February 2, 2022
It’s February and what a summer it’s been with success on the tennis court and the cricket pitch. Now that the kids are returning to school and we settle back into our ‘’new normal’’ routines, the new year begins in earnest. January is normally a quiet month on the economic scene, but not this year….
Retirement income on the house
November 2, 2021
Asset rich and income poor is the dilemma faced by many retirees. But there may be opportunities to boost your income in retirement by tapping into your biggest asset – your home. With property prices booming, many retirees are finding that the home they have lived in for decades is worth a small fortune, but…
How to build a bulletproof income portfolio – Livewire
October 5, 2021
As a part of Livewire’s annual Income Series, Centaur’s Hugh Robertson joined Charlie Viola and James Marlay to talk through ways to help set you up for retirement. As shared by Livewire, the trio “discuss why ASFA’s estimated figure for retirement ($640,000 for couples) should be taken with a grain of salt, offer two tips…
Superannuation Announcement
February 26, 2021
With yesterday’s announcement of the AWOTE (Average Weekly Ordinary Time Earnings) figure for the December 2020 quarter, the super contributions caps are set to increase from 1 July 2021 as follows: Concessional cap increases from $25,000pa to $27,500pa Standard NCC (non-concessional contribution) cap increases from $100,000pa to $110,000pa Max NCC (non-concessional contribution) cap under bring…
Big Four Banks and QSuper leaving the party?
October 14, 2020
2020 has been a year like no other. A global pandemic, Australia’s first recession in nearly 30 years, record low interest rates, volatility in both shares and property markets, and even job security is coming into question. For retirees it can be a very daunting process. The Big Four Banks and QSuper Recently we…
Pensions to rise as deeming rates fall
September 9, 2019
It’s been a long time coming, but up to 630,000 retirees could soon enjoy a small but welcome increase in their Age Pension payments following a cut in deeming rates used for the pension income test.i Under the Age Pension income test, you are ‘deemed’ to earn a certain rate of interest on your savings…
How much super is enough?
May 7, 2019
Most of us dream of the day we can stop working and start ticking off our bucket list. Whether you dream of cruising Alaska, watching the sun rise over Uluru, improving your golf handicap or spending time with the grandkids, superannuation is likely to be a major source of your retirement income. The more money…
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