In this Australian Retirement Podcast episode, your co-host James O'Reilly, from Northeast Wealth, talks again with Centrelink guru, Justin Bott from Services Australia. Together they cover the clever steps that can mean a heap more Age Pension, as well as the critical mistakes that Aussies make which reduce - and sometimes completely eliminate - their entitlement.

If you like this Australian Retirement Podcast episode, you'll love the series. Don't forget to subscribe for weekly shows on Apple, Spotify, YouTube or wherever you get your podcasts.

Topics covered today

- Using ‘exempt assets’ to boost your Age Pension payment
- Declaring super balances in downturns
- Is it worth chasing the Health Care Card?
- Advanced strategies for Gifting money
- Using the Work bonus to earn more money without impacting your entitlement
- Valuing your home contents / cars correctly
- Declaring changes at the right frequency
- How relationship changes can decimate your Pension

Resources for this episode

- Visit TermPlus to learn more
- Learn more about PIMCO
- Services Australia website
- Financial Information Service
- When a self-funded retirement seems impossible
- Redbook car valuation tool
- Ask a question (select the Retirement podcast)

Rask Resources

- All services
- Financial Planning
- Invest with us
- Access Show Notes
- Ask a question

DISCLAIMER

This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you’re confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser. Access The Rask Group's Financial Services Guide (FSG)

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