Retire Right

← Retire Right12 aug · 47 min

433 Couples age gap & Age Pension, inheriting a home, the retirement sweet spot + more

433 Couples age gap & Age Pension, inheriting a home, the retirement sweet spot + more12 aug47 min

Retire Right is brought to you by Tallowwood Wealth Advice. Specialist retirement financial advisers. You can book a complimentary appointment wherever you are in Australia by visiting https://www.tallowwoodwealth.com.au/

In today's episode Glen and financial adviser Nathan Fradley talk about:

👉 Wendy's questions around an older spouse applying for the age pension:

- how will Centrelink assess my income when my husband applies?

- if he doesn't qualify, what seniors health cards are available?

- should I consider reducing my work hours before he applies?

- if he uses his super to pay off the mortgage, how will his assets be assessed?

- is a car on novated lease assessed by Centrelink?

👉🏼 Ignatius - I'm inheriting my parent's home. Can I make it my PPOR to pay no tax when I sell?

👉🏽 Richard - my defined benefit must be cashed out upon retirement. Should I roll the money into my retail super or use the cash to invest?

👉🏾 Col - how can I calculate the retirement sweet spot in 10 years time?

Glen's favourite tea: link.amazon/B0bziQ7s5