Make sure you know about this upcoming Age Pension change
YourLifeChoices keeps you up to date with government changes that could affect your retirement.
New downsizer change explained so you can boost your super
An important tweak to the downsizer contribution was announced in the 2021 Federal Budget. We explain the change and the scheme.
Inflation set to accelerate, economist warns
Higher fuel prices were the chief driver of inflation in the first quarter of the year, and further sharp living cost rises are expected.
Increasing your Age Pension entitlements by renovating the family home
Challenger's chairman of retirement income, Jeremy Cooper, explains how home improvements can boost your government entitlements.
Should retirees be forced to ‘eat the house’?
Australia Institute senior economist Matt Grudnoff explains the evolving conversation around whether the home should be part of the assets test for the Age Pension.
Services and rebates that can save you hundreds
Last year, I put together a retiree checklist. In 2021, there are some additions. This is a long list and not everything will apply to…
Understanding the true cost of retirement
The Australian government spends billions on boosting retirement incomes. The two biggest costs, the Age Pension and superannuation tax concessions, are expected to total $95…
You think you have enough? Here’s why you’re probably wrong
The retirement system in Australia is one of the best in the world and, at the same time, not very simple.
Age Pension payments in 2021 – what you need to know
World heavyweight boxing champion, Olympian, ordained minister and successful entrepreneur George Foreman returned to the ring at the age of 45 and knocked out opponent…
Tobacco and childcare drive cost of living increase
The Consumer Price Index (CPI) rose 0.9 per cent in the December quarter. According to the Australian Bureau of Statistics (ABS), the rise was primarily…
Retirement system ‘uncertain for almost all retirees’
Australia, a nation of almost four million retirees, has one of the world’s best retirement systems. The 2020 Mercer CFA Institute Global Pension Index ranked…
The big question: How much do I need to retire?
Life expectancies continue to rise, and with that comes a host of challenges. For governments, there’s the increasing cost to budgets and, for retirees, there’s…
