56 Rundle Street

Mount Louisa QLD 4814

Mon - Fri 9:00 - 5:30

Business Hours

07 4774 5732

0423 770 088

Retirement Planning

Questions? Questions?? Questions???

Have you been researching those articles which tell you how much you need to live comfortably in retirement?

What is a comfortable lifestyle in retirement? Do I get Centrelink assistance? What about a Health Card? How long will my money last?

Rest assured, these questions are front of mind here at OnTrack Wealth.  Income from your super is just one of many sources of available income to you in retirement.  Sometimes called Account Based Pension or Annuity, or Allocated Pension, or Income Stream.  Confusing isn’t it!

Some other sources include:

– Investments (Outside of super)
– Part-Time employment (Does this affect your pension?)
– Age Pension (What are Assets Test, Income Test, Deeming Provisions and Gifting?)
– Home Equity Release (Like Reverse Morgates or Home Reversion Schemes)
– Downsizing

Planning for retirement is very important. Once retired, you want to be sure your money lasts as long as you do and allows you to live your dreams along the way.

If you want to know more, contact us at OnTrack Wealth and we will talk you through the many options available to you. We will discuss implications for CentreLink, income strategies and ensure that you have peace of mind in retirement.