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Retirement > Resources

Resources

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   Starting Your Allocated Pension

Retirement income planning is very well explained on the Government’s Money Smart website with a handy retirement income calculator which shows how your super will convert into income, and where the age pension is likely to commence. This is not a substitute for seeing a financial planner, but does give you a snapshot on how you are travelling.

About to retire or in retirement is a brochure offered by Centrelink for those seeking information on their options and the government services and entitlements which are available for those approaching or in retirement. As well as explaining the full range of services offered, it also includes all contact details – both phone numbers and web pages – and a list of related publications for particular life stages and events.

The National Information Centre on Retirement Investments (NICRI) is an independent government funded agency which provides information to consumers on investment products to assist them to make informed and sensible decisions. NICRI covers such areas as reverse mortgages, redundancy, superannuation and offers income stream reverse mortgage, savings and investment calculators so you can work through a range of different retirement planning scenarios.

Retirement calculators

RETIREMENT CALCULATOR - Posted 08 Nov 2011 02:10pm
retirement, superannuation, calculators, finance, superannuation calculators

Some of the best tools on the internet are calculators. When starting to look at potential retirement income scenarios a useful calculator is one ...

Choose the best calculator for you

Five worst retirement planning mistakes - part two

Posted 09 Aug 2011 10:19am
worst retirement planning mistakes, paul clitheroe, Timing the market, Not diversifying, Not doing your research, Investing in tax schemes, Left it too late

A few weeks ago YOURLifeChoices ran Paul Clitheroe’s five worst retirement planning mistakes, and while we don’t want to alarm you, here’s ...

Learn from the mistakes

The five worst retirement planning mistakes

Posted 04 Apr 2011 02:10pm
The five worst retirement planning mistakes, resources, finance

The onus is on you to get your own planning right. Paul Clitheroe reviews the five biggest retirement planning mistakes – and ...

Why you need to avoid them

How do I start my retirement?

How do I start my retirement?

I will reach Age Pension age early next year but don’t know how to start the process of retirement. Can you point me in the right direction?

It's easier than you think

Retirement income streams

Retirement income streams

Whether you’ve built up savings from superannuation, investment property, equity in your home, money in the bank, or an inheritance, you will need to turn this capital into an income stream which is convenient, secure and tax effective.

But how do you do this?

Will your money last?

Will your money last?

As Australians are now on average living longer, superannuation needs to stretch even further to cover living expenses. Will your money last as long as you live?

Calculate it here

Retirement Planning

Retirement Planning

Retirement planning gets bad press. The consequence is that a majority of 45 to 64-year-old Australians have entered the land of denial when it comes to this issue.

How does this affect you?

Will you get a pension?

Will you get a pension?

The Australian government offers an Age Pension for older citizens who cannot fund their own later years. It is described by the government as an “adequate” income in retirement.

Are you eligible?