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I'm 54, retired, and I've had my money in S&P 500 funds (100℅ stock) since I started investing. I have made a great deal of money with my FA Kathie and I see no reason to change. The S&P 500 has made an average of 9.8% returns over the past 100 years. International and Bond funds are losers in my opinion because they don't make much money. This is just my amateur opinion which may not work for everyone

They could make a downsizer contribution, with some of those proceeds..

Thankyou for the info.

Approved for assistance in Townsville but cannot even get on waiting lists to obtain it. There is no personnel available. 😢

In the case of retiring and setting up an account based income stream after you're 60, does your pension account attract tax on earnings and capital gains? Also when you turn 67 is the income stream assesable for centrelink purposes? Cheers

could you do better in the audio quality as it is hard to digest your content.

my only issue with this one is it counts younger spouses super as an asset before they reach retirement age and hence does not allow for numbers of years pension for the older spouse before younger one reaches 67 and super is assessed

Not having superannuation but a property which can be sold and finding out that this democratic country we live under had become a DICTATION towards retirers. They control your money and expect you to live on the minimum pension and try to you receive benefits but there is a catch, even with your pension you are paying taxes. For every item imported into Australia, there are 4 diffident tariffs and there is GSt.And you find yourself having money to live "comfortably,"" you found yourself with up to 40% of your pension taken from your pension . They will only give you $17,000(?) from the $29,000 annual pension. So when it comes to fortnightly payments, will only receive $650(?).

Wow $44k/year with pension then 5% drawdown on $470k, give a total of $67k/ year, why did we contribute to super?

Pension refresh ?

I took mine as a lump sum when I retired, but I wish I’d thought it through a bit more. I ended up putting a lot of it into investments, and with the market being so volatile, it’s been a stressful ride. I should’ve considered other ways to use it.

Where do you declare that you are retired?

Thank you for all that you do; it is truly wonderful, and educational, although general in nature. A fellow financial adviser. I would love you to do a transition to retirement video, please, if possible.

How can we get taxed for unrealised capital gain>? this is fraud

Make it make sense, the more you work the less you get.

Never any women wanting to transfer money to the male partner's super is there! Seems like gender equality only ever goes one-way!

I didn't know about Assets Test (or forgotten) I would not invested money as a independent investor. Why because this Assets Test had used this Tax!!!!!!! , a very high Tax. As single pensioner, I was lucky to be able to sale my property and buy a smaller place. What was left over I invested money and blow me the government reduced my pension (new) from $29,710.20 to $17,427.80 annually, a lose of $12 282.40. This means that I will only receive $670.30 from $1,142.80 a lose of $472.50. BUT IF I decided to invest with my family the exact same amount I would be better off and continue receiving the full pension. This is what many well off retirers do under the FAMILY TRUST FUND because they give the money to the family to invest for them. AUSTRALIA GOVERNMENT IT SEEMS HAVE A STRONG SUPPORT FOR THE WELL OFF AND but wait they saw something called the BABY BOOMERS, knowing they will reduce their life style.

best collection of advice for Aussies. Thank you

No links in the description

I am interested in the projection tool. Is it possible to share at all?

Much appreciated, for all that you do. Nice and easy.

How much is your interest rate?

I’ve finally found an Australian specific tool. Amazing calculator! Thank you 😊

Is there anything ( other than the non concessional contribution cap and age restrictions) to prevent recontribution into an accumulation account of any funds that have been paid out of the pension fund under the compulsory withdrawal rates, that are not required for living expenses?

You can use the career break to retire at 55 as well. Set a t year break starting 55 then set retirement to 6p which is lowest it excepts

This is the best calculator.

Past performance does not guarantee future performance. That is the disclaimer all these financial agents make. Yet all of them say "Choose me - look at my great past performance!"

$70k per year you won’t get any age pension. Because you don’t meet age pension income test

I am looking for ways to optimize my Age Pension entitlements while ensuring legal compliance, I have heard from RUclips channel which is to contribute super to my younger spouse in order to legally hide money from Centrelink Age Pension. I already at Age Pension age while my partner is several years away. I just want to found out for Centrelink purposes, will this action to be seen as Gifting? And it’s not benefit to optimize my Age Pension entitlements within a period of 5 years. Thanks for your kind advice.

What about fees? Does having multiple pension funds attract more fees? And if so, does combining them makes it worth the effort? Thank you.

Maximum how can you the government takes $12 558 from your pension all because of investing money Yet when a person has money they availed losing any of their pension. because they put it in a Family Trust Fund and never lose any money and received full pension. I have no family I can trust so I invested and went to Centline thinking I will be honest but I don't expect was the lose of$12,558 from my pension leaving me with a pension of$633.30. Don't say I receive from my investment because that can be some time low. This is what I call a double standard, one can have a full pension while others will get a reduction pension.

I'm 74 can I bring forward 3 years worth of contributions?

If I am 74 can I bring forward 3 years of super contributions?

I'm 73 years old and I believe that I cant contribute into my super once I'm 75. Can I bring forward the 3 year rule for co contributions?

If employing a recontribution strategy immediately before turning 75 is it permissible to take advantage of the 3 year 'bring forward' rule? Also the graphic said when turning 75 recontribution must be made within 28 days of the end of the month in which you turn 75 but the commentary said ot must be made within 28 days of turning 75. Which is correct please? Thanks

Thanks for this. A great topic that needs more discussion in our community.

thank you

Great advice many thanks 👍

Thx for the video, it is extremely hard to find a good FA, maybe I will find one , one day.

Useless talk

Do the aged pension means test thresholds get indexed to inflation each year?

So does this calculator provide the income amount in today’s dollars? Meaning that in reality in the future you would get higher income than the result, but it would have the same buying power as the resulting number?

Very interesting. Food for thought!

Such a helpful video. Thanks for explaining it so clearly:)

❤industry super❤

Agreed - this is the best one ... and I've tried most of them.