Category Archives: Retirement Planning

Will You Outlive Your Savings?

“Longevity Risk” concerns the liklihood of living a long enough life to run out of money. While life expectancies have increased, some of the traditional forms of income support enjoyed by some of the previous generation have diminished. For example, most defined benefit superannuation schemes (that promise to pay a lifetime indexed income to the […]

How to Supplement Your Centrelink Income

The recent changes to the Centrelink assets test has reduced or eliminated income support entitlements for many part pensioners. However, Centrelink’s “Pension Loans Scheme” offers a way to generate additional regular cash flow to improve one’s quality of life. The scheme is a type of government provided “reverse mortgage”, available to people receiving less than […]