Search Results | Showing 1 - 10 of 322 results for %22Aged Pension%22 |
| | ... since 2003, some 45% of it went to the highest 10%, being those with more than $2.6 million, and half of that went to people aged 64 and older. The wealth inequality in households aged under 35 is also stark. The average wealth of the top 10% grew from ... |
| | | ... down to three. From May 20, members under the age of 50 continue to be invested in a high growth strategy, however, members aged 50-54 will be invested in growth, and those aged 55 and above in balanced. Mine Super will also soon change its default insurance ... |
| | | ... consumers access their retirement savings, giving them more choice around what to do with their money. Since then, those aged over 55 could spend their pension how they please, including withdrawing 25% tax-free. Previously, retirees were forced to buy ... |
| | | ... drawing down a regular income stream from their superannuation savings while also maximising the benefits of the Aged Pension. For others, it is providing the comfort that no matter what their retirement journey they have the certainty of an income for ... |
| | | The final report from the government's Aged Care Taskforce suggests the amount paid by Australians accessing care should be determined by their personal wealth, including superannuation, rejecting the idea of an aged care levy. On the back of the ... |
| | | ... at $2.5 billion per annum (in today's dollars) in the mid-2060s when the last of those who accessed the scheme, currently aged in their 20s, begin to retire and qualify for the Age Pension. These costs are borne by future taxpayers, either explicitly ... |
| | | ... pre-retirees and retirees from six of its member funds, a qualitative and quantitative survey of 1562 pre-retirees and retirees aged 55-74, ABS data and the HILDA Survey. |
| | | ... suggestion is the government providing educational material to members to better understand how large unforeseen expenses such as aged care and medical expenses affect their nest egg. Such new laws can lead to super funds assisting or nudging members ... |
| | | ... by 2050, delivering $21 billion in additional retirement income for Australians." According to the report, an individual aged 40 with a current balance of $80,000 could have an additional $198,676 - from $484,005 to $683,689 - by the time they retire ... |
| | | ... government in a bid to deliver better economic equality for women. Given that the median superannuation balance for women aged 65+ years was $168,000, compared to $208,200 for men in the 2019-20 financial year, the taskforce is pushing for the government ... |
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