Many Australians are forced to live on a fixed income, either relying on the Age Pension or allocated pension fund payments. Each and every time you watch the television or pick up a newspaper, you’re confronted with the headline that household bills are on the increase. YOURLifeChoices brings you news, tips and information on how to best manage and reduce your costs.
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View the tables below to find out the Asset Test Limits.
The new part pension limits which apply from 20 March 2014 could be beneficial.
Anne would like to know if a gift of $10,000 will affect the Age Pension.
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Craig Hall from NICRI answers a question on the pitfalls of downsizing
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From 1 July 2011, the Low Income Household Rebate replaced the Energy rebate, and is paid at the rate of $200 per annum.
Are you eligible?
Australians on average having four super accounts, this can be a large proportion of your retirement income. Now is the time to consider consolidating your superannuation.
Save on fees
Managing your money doesn’t get any easier as you get older, but there are certain money milestones of which you can take advantage.
Starting on the right foot with a financial advisor can help ensure you get the most from your meeting. YOURLifeChoices has 50 useful questions you may wish to ask.
50 useful questions