Around 80% of retirees in Australia receive a full or part-Age Pension, and the Age Pension remains a vital component in nearly every Australian’s retirement plans. The government has changed the rules and it is important to understand how your Age Pension entitlements may be affected by the new rules. On 1 January 2017, around 330,000 retired Australians lost some or all of their Age Pension entitlements due to a new, harsher Age Pension assets test, although another 170,000 Australians received a greater Age Pension entitlement.
Age Pension Made Simple is your must-have guide to navigating the Age Pension, whether you’re single or married, and includes all the latest government changes plus free online updates to ensure that you receive what you’re entitled to. Most importantly, Trish Power dissects the facts and figures in an easy to understand style than anyone can comprehend, regardless of your financial background.
ABOUT THE AUTHOR:
Trish Power is the co-founder and publisher of SuperGuide.com.au, the leading independent superannuation information service in Australia. Trish is an author and journalist who wrote DIY Super For Dummies, 3rd edition, and Superannuation For Dummies, 2nd Edition. She is passionately committed to raising the level of financial literacy in Australia and empowering individuals to improve their financial circumstances. She is interviewed regularly on radio and presents at educational seminars, typically speaking about investing, superannuation, property, and women and investing.