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.
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