My conversations with clients on when they want to retire starts when they come and see me for advice – whether they are in their 30’s and haven’t even had a chance to think about it, or, in their early 50’s and not quite sure what their position looks like before they can consider if retirement is actually an option anytime soon.
Read MoreWhile we covered off the topic of Asset test changes and age pension in November 2016, I believe it is important to again highlight some of the effects of the changes now that they are actually in force.
It is highly likely that individuals moving into aged care from 1 January 2017 may face increased cashflow pressure due to altered treatment of the former home.
Read MoreThe upcoming changes to the Asset Test for Centrelink Aged Pension has been a topic of interest for many individuals either approaching, or already in retirement wanting to understand what impact it will have on their aged pension.
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