Centrelink’s changes to the Age Pension assets test limit in January 2017 cut off access to the Age Pension for many retirees, when the maximum value of assets owned to obtain the age pension was reduced.
Read MoreWhen it comes to retirement most people believe more is best, but is this always the case? Have the Centrelink changes that came into effect last year distorted reality; has the $350k super fund become the new $900k – without all the extra effort of squirrelling away so much for retirement?
Read MoreHow can you minimise the impact of new Age Pension asset tests in coming years?
Presently, an average of around one thousand Australians retire each week. In six years’ time, this is projected to increase to an average of about five thousand Australians retiring each week.
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