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Shedding light on aged care Refundable Accommodation Deposits
Opinion
Pension

Shedding light on aged care Refundable Accommodation Deposits

You can pay additional RAD to an aged-care home at any time after moving in.

  • by Noel Whittaker

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Meeting the work test while working in a family partnership
Opinion
CGT

Meeting the work test while working in a family partnership

Running a 140-hectare sheep and wheat farm is hard work. Making the right choices on your super only adds to the workload.

  • by George Cochrane
Clarifying capital gains tax rules on a joint share portfolio
Opinion
CGT

Clarifying capital gains tax rules on a joint share portfolio

The survivor inherits the cost base of a partner's assets when they die.

  • by Noel Whittaker
Do your sums before buying a second property
Opinion
Pension

Do your sums before buying a second property

You may not be able to afford to live in your home while renting the other property.

  • by George Cochrane
Retiring? What happens with your pension when your spouse is working
Opinion
CGT

Retiring? What happens with your pension when your spouse is working

All assets owned by yourself or your partner are assessable and you should receive 50 per cent of what a pensioner couple would normally receive.

  • by Noel Whittaker
Land-lease communities a viable homeowner option
Opinion
Opinion

Land-lease communities a viable homeowner option

If you are prepared to leave the city, they are relatively cheap, with no stamp duty, and may even be eligible for rent assistance.

  • by George Cochrane
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Shedding light on the minimum asset amount in aged care
Opinion
Opinion

Shedding light on the minimum asset amount in aged care

A facility must allow you to put more money into a refundable accommodation deposit, but it is not legally obligated to let you withdraw it.

  • by Noel Whittaker
Off and racing to a carefree retirement
Opinion
Opinion

Off and racing to a carefree retirement

An indexed-guaranteed pension is a better option than gambling with your future retirement.

  • by George Cochrane
Clarifying Centrelink's pension assets and income test rules
Opinion
Opinion

Clarifying Centrelink's pension assets and income test rules

The pension eligibility tests work on an asset test and an income test and the one that produces the lowest pension is the one that Centrelink uses.

  • by Noel Whittaker
How to get ahead as you move towards retirement
Opinion
Opinion

How to get ahead as you move towards retirement

Ywo major objectives should be to have a fully paid-off home in which you want to live and enough money to live on when you stop work.

  • by George Cochrane
Boosting super a better option than paying down your mortgage
Opinion
Opinion

Boosting super a better option than paying down your mortgage

The return on your super fund may be as high as 7 per cent per a year, so a good plan would be to maximise non-concessional contributions.

  • by Noel Whittaker