Australians are being urged to check their superannuation accounts after the Australian Taxation Office (ATO) revealed that the total amount of lost and unclaimed super has surged to $18.9 billion, up $1.1 billion since 2024. This staggering figure highlights the importance of staying on top of your super to ensure...
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Do You Really Need $1 Million in Super to Retire Comfortably in Australia?
For years, Australians have been told they need $1 million in superannuation to retire comfortably. It’s a figure that’s often repeated in the media and by financial commentators, but is it really necessary? Or is it just another retirement myth that causes unnecessary stress? Let’s break down the facts...
Centrelink Deeming Rates Are Changing: What It Means for Your Pension
From 20 September 2025, the Australian Government will increase the deeming rates used to calculate income from financial assets for Centrelink and DVA income support payments. This is the first change in five years, and it could affect how much Age Pension, Disability Support Pension, or Veteran Payment you receive....
What is an annuity?
When planning for retirement, one of the key considerations is ensuring a steady income stream to support your lifestyle. Annuities can be an effective solution for this. But what exactly is an annuity, and how can it benefit you? What is an Annuity? An annuity is a financial product that...
Working beyond retirement age
Working beyond retirement age In 2022, 130,000 Australians retired. The average age at retirement was 64.8 years[1]. People retire for a variety of reasons including: Reaching age pension age, Being able to access their super, Declining health, Retrenchment or job loss, The need to care for others, including grandchildren, and...
When is the best time to retire?
When is the best time to retire? Retirement – a phase many of us daydream about. Whether it involves spending more time with family, traveling the world, or volunteering for a cause we’re passionate about, one thing is certain: retirement costs money. So, when should you take the plunge...