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5 reasons kids still need to learn handwriting (no, AI has not made it redundant)

<p><a href="https://theconversation.com/profiles/lucinda-mcknight-324350">Lucinda McKnight</a>, <em><a href="https://theconversation.com/institutions/deakin-university-757">Deakin University</a></em> and <a href="https://theconversation.com/profiles/maria-nicholas-1443112">Maria Nicholas</a>, <em><a href="https://theconversation.com/institutions/deakin-university-757">Deakin University</a></em></p> <p>The world of writing is changing.</p> <p>Things have moved very quickly from keyboards and predictive text. The rise of generative artificial intelligence (AI) means <a href="https://theconversation.com/in-an-ai-world-we-need-to-teach-students-how-to-work-with-robot-writers-157508">bots can now write human-quality text</a> without having hands at all.</p> <p>Recent improvements in speech-to-text software mean even human “writers” do not need to touch a keyboard, let alone a pen. And with help from AI, <a href="https://www.theguardian.com/technology/2023/may/01/ai-makes-non-invasive-mind-reading-possible-by-turning-thoughts-into-text">text can even be generated by decoders</a> that read brain activity through non-invasive scanning.</p> <p>Writers of the future will be talkers and thinkers, without having to lift a finger. The word “writer” may come to mean something very different, as people compose text in multiple ways in an increasingly digital world. So do humans still need to learn to write by hand?</p> <h2>Handwriting is still part of the curriculum</h2> <p>The pandemic shifted a lot of schooling online and some major tests, <a href="https://www.nap.edu.au/naplan/understanding-online-assessment">such as NAPLAN</a> are now done on computers. There are also <a href="https://theconversation.com/teaching-cursive-handwriting-is-an-outdated-waste-of-time-35368">calls</a> for cursive handwriting to be phased out in high school.</p> <p>However, learning to handwrite is still a key component of the literacy curriculum in primary school.</p> <p>Parents may be wondering whether the time-consuming and challenging process of learning to handwrite is worth the trouble. Perhaps the effort spent learning to form letters would be better spent on coding?</p> <p>Many students with disability, after all, already learn to write with <a href="https://www.understood.org/en/articles/assistive-technology-for-writing">assistive technologies</a>.</p> <p>But there are are a number of important reasons why handwriting will still be taught – and still needs to be taught – in schools.</p> <figure class="align-center "><img src="https://images.theconversation.com/files/530220/original/file-20230606-17-7sme40.jpg?ixlib=rb-1.1.0&amp;q=45&amp;auto=format&amp;w=754&amp;fit=clip" sizes="(min-width: 1466px) 754px, (max-width: 599px) 100vw, (min-width: 600px) 600px, 237px" srcset="https://images.theconversation.com/files/530220/original/file-20230606-17-7sme40.jpg?ixlib=rb-1.1.0&amp;q=45&amp;auto=format&amp;w=600&amp;h=400&amp;fit=crop&amp;dpr=1 600w, https://images.theconversation.com/files/530220/original/file-20230606-17-7sme40.jpg?ixlib=rb-1.1.0&amp;q=30&amp;auto=format&amp;w=600&amp;h=400&amp;fit=crop&amp;dpr=2 1200w, https://images.theconversation.com/files/530220/original/file-20230606-17-7sme40.jpg?ixlib=rb-1.1.0&amp;q=15&amp;auto=format&amp;w=600&amp;h=400&amp;fit=crop&amp;dpr=3 1800w, https://images.theconversation.com/files/530220/original/file-20230606-17-7sme40.jpg?ixlib=rb-1.1.0&amp;q=45&amp;auto=format&amp;w=754&amp;h=503&amp;fit=crop&amp;dpr=1 754w, https://images.theconversation.com/files/530220/original/file-20230606-17-7sme40.jpg?ixlib=rb-1.1.0&amp;q=30&amp;auto=format&amp;w=754&amp;h=503&amp;fit=crop&amp;dpr=2 1508w, https://images.theconversation.com/files/530220/original/file-20230606-17-7sme40.jpg?ixlib=rb-1.1.0&amp;q=15&amp;auto=format&amp;w=754&amp;h=503&amp;fit=crop&amp;dpr=3 2262w" alt="A child writes in an exercise book." /><figcaption><span class="caption">Technology changes mean we can ‘write’ without lifting a pen.</span> <span class="attribution"><span class="source">Shutterstock.</span></span></figcaption></figure> <h2>1. Fine motor skills</h2> <p>Handwriting develops critical fine motor skills and the coordination needed to control precise movements. These movements are required <a href="https://www.understood.org/en/articles/all-about-fine-motor-skills">to conduct everyday</a> school and work-related activities.</p> <p>The refinement of these motor skills also leads to handwriting becoming increasingly legible and fluent.</p> <p>We don’t know where technology will take us, but it may take us back to the past.</p> <p>Handwriting may be more important than ever if <a href="https://www.theguardian.com/australia-news/2023/jan/10/universities-to-return-to-pen-and-paper-exams-after-students-caught-using-ai-to-write-essays">tests and exams return to being handwritten</a> to stop students using generative AI to cheat.</p> <h2>2. It helps you remember</h2> <p>Handwriting has important cognitive benefits, <a href="https://www.kidsnews.com.au/technology/experts-say-pens-and-pencils-rather-than-keyboards-rule-at-school/news-story/abb4607b612c0c4f79b214c54590ca92">including for memory</a>.</p> <p>Research suggests traditional pen-and-paper notes are <a href="https://journals.sagepub.com/doi/abs/10.1177/154193120905302218?journalCode=proe">remembered better</a>, due to the greater complexity of the handwriting process.</p> <p>And learning to read and handwrite are <a href="https://www.aare.edu.au/blog/?p=5296">intimately linked</a>. Students become better readers though practising writing.</p> <h2>3. It’s good for wellbeing</h2> <p>Handwriting, and related activities such as drawing, are tactile, creative and reflective sources of pleasure and <a href="https://theconversation.com/writing-can-improve-mental-health-heres-how-162205">wellness</a> for writers of all ages.</p> <p>This is seen in the popularity of practices such as print <a href="https://www.urmc.rochester.edu/encyclopedia/content.aspx?ContentID=4552&amp;ContentTypeID=1">journalling</a> and calligraphy. There are many online communities where writers share gorgeous examples of handwriting.</p> <figure class="align-center "><img src="https://images.theconversation.com/files/530253/original/file-20230606-29-eb7vk3.jpg?ixlib=rb-1.1.0&amp;q=45&amp;auto=format&amp;w=754&amp;fit=clip" sizes="(min-width: 1466px) 754px, (max-width: 599px) 100vw, (min-width: 600px) 600px, 237px" srcset="https://images.theconversation.com/files/530253/original/file-20230606-29-eb7vk3.jpg?ixlib=rb-1.1.0&amp;q=45&amp;auto=format&amp;w=600&amp;h=400&amp;fit=crop&amp;dpr=1 600w, https://images.theconversation.com/files/530253/original/file-20230606-29-eb7vk3.jpg?ixlib=rb-1.1.0&amp;q=30&amp;auto=format&amp;w=600&amp;h=400&amp;fit=crop&amp;dpr=2 1200w, https://images.theconversation.com/files/530253/original/file-20230606-29-eb7vk3.jpg?ixlib=rb-1.1.0&amp;q=15&amp;auto=format&amp;w=600&amp;h=400&amp;fit=crop&amp;dpr=3 1800w, https://images.theconversation.com/files/530253/original/file-20230606-29-eb7vk3.jpg?ixlib=rb-1.1.0&amp;q=45&amp;auto=format&amp;w=754&amp;h=503&amp;fit=crop&amp;dpr=1 754w, https://images.theconversation.com/files/530253/original/file-20230606-29-eb7vk3.jpg?ixlib=rb-1.1.0&amp;q=30&amp;auto=format&amp;w=754&amp;h=503&amp;fit=crop&amp;dpr=2 1508w, https://images.theconversation.com/files/530253/original/file-20230606-29-eb7vk3.jpg?ixlib=rb-1.1.0&amp;q=15&amp;auto=format&amp;w=754&amp;h=503&amp;fit=crop&amp;dpr=3 2262w" alt="A book with a calligraphy alphabet." /><figcaption><span class="caption">Caligraphers focus on making beautiful, design-oriented writing.</span> <span class="attribution"><span class="source">Samir Bouaked/Unsplash</span></span></figcaption></figure> <h2>4. It’s very accessible</h2> <p>Handwriting does not need electricity, devices, batteries, software, subscriptions, a fast internet connection, a keyboard, charging time or the many other things on which digital writing depends.</p> <p>It only needs pen and paper. And can be done anywhere.</p> <p>Sometimes handwriting is the easiest and best option. For example, when writing a birthday card, filling in printed forms, or writing a quick note.</p> <h2>5. It’s about thinking</h2> <p>Most importantly, learning to write and learning to think are intimately connected. Ideas are <a href="https://warwick.ac.uk/fac/soc/ces/research/teachingandlearning/resactivities/subjects/literacy/handwriting/outputs/cambridge_article.pdf">formed as students write</a>. They are developed and organised as they are composed. Thinking is too important to be outsourced to bots!</p> <p>Teaching writing is about giving students a toolkit of multiple writing strategies to empower them to fulfil their potential as thoughtful, creative and capable communicators.</p> <p>Handwriting will remain an important component of this toolkit for the foreseeable future, despite the astonishing advances made with generative AI.</p> <p>Writing perfect cursive may become less important in the future. But students will still need to be able to write legibly and fluently in their education and in their broader lives.<!-- Below is The Conversation's page counter tag. Please DO NOT REMOVE. --><img style="border: none !important; box-shadow: none !important; margin: 0 !important; max-height: 1px !important; max-width: 1px !important; min-height: 1px !important; min-width: 1px !important; opacity: 0 !important; outline: none !important; padding: 0 !important;" src="https://counter.theconversation.com/content/206939/count.gif?distributor=republish-lightbox-basic" alt="The Conversation" width="1" height="1" /><!-- End of code. If you don't see any code above, please get new code from the Advanced tab after you click the republish button. The page counter does not collect any personal data. More info: https://theconversation.com/republishing-guidelines --></p> <p><a href="https://theconversation.com/profiles/lucinda-mcknight-324350">Lucinda McKnight</a>, Senior Lecturer in Pedagogy and Curriculum, <em><a href="https://theconversation.com/institutions/deakin-university-757">Deakin University</a></em> and <a href="https://theconversation.com/profiles/maria-nicholas-1443112">Maria Nicholas</a>, Senior Lecturer in Language and Literacy Education, <em><a href="https://theconversation.com/institutions/deakin-university-757">Deakin University</a></em></p> <p><em>This article is republished from <a href="https://theconversation.com">The Conversation</a> under a Creative Commons license. Read the <a href="https://theconversation.com/5-reasons-kids-still-need-to-learn-handwriting-no-ai-has-not-made-it-redundant-206939">original article</a>.</em></p> <p><em>Images: Getty</em></p>

Caring

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Royal staff face uncertain future amid palace shake-up

<p dir="ltr">King Charles III is reportedly planning to slim down the ranks of staff at England’s royal residences, months after staff at Clarence House were told they were being made redundant.</p> <p dir="ltr">According to a royal insider, the reported 491 full-time staff working across Buckingham Palace, Balmoral Castle, Windsor Castle and other royal residences, per <em><a href="https://www.msn.com/en-au/news/australia/king-charles-reportedly-planning-to-fire-late-queen-s-ladies-in-waiting-among-other-staff/ar-AA14jAlj?cvid=94ec179e798b4a65b52b3da30143492b" target="_blank" rel="noopener">msn.com</a></em>, are “extremely worried” about their positions and fear they will be unemployed by the end of the year.</p> <p dir="ltr">"It's a really testing time. Many are already resigned to leaving jobs they have cherished for years," the insider told <em><a href="https://www.thesun.co.uk/fabulous/20479578/king-charles-makes-major-royal-shake-up/" target="_blank" rel="noopener">The Mirror</a></em>.</p> <p dir="ltr">"It's left a real sense of dread among staff."</p> <p dir="ltr">Royal insiders believe Queen Elizabeth II’s ladies-in-waiting at the Royal Stud in Sandringham are among those at risk.</p> <p dir="ltr">The news comes one week after the King announced a one-off cost-of-living bonus for his staff, with a source telling <em><a href="https://honey.nine.com.au/royals/king-charles-pays-staff-bonus-out-of-pocket-cost-of-living/c4f05fbe-3d8e-4e13-b475-6b2f9c15a28d" target="_blank" rel="noopener">The Sun</a></em> that Charles was paying hundreds out of his own pocket to help his lowest-earning employees during the country’s cost-of-living crisis.</p> <p dir="ltr">"It is being given on a ­sliding scale with those most in need and on lower wages getting the most money," the source said.</p> <p dir="ltr">For some royal staff, the recent risk of redundancy may come for a second time, after up to 100 employees at Charles’ former residence of Clarence House were given redundancy notices during the Queen’s thanksgiving service in September.</p> <p dir="ltr">In a letter sent to staff by Sir Clive Alderton, the King’s top aide, it was revealed that the Clarence House household “will be closed down”.</p> <p dir="ltr">“The change in role for our principals will also mean change for our household … The portfolio of work previously undertaken in this household supporting the former Prince of Wales’s personal interests, former activities and household operations will no longer be carried out, and the household … at Clarence House will be closed down. It is therefore expected that the need for the posts principally based at Clarence House, whose work supports these areas will no longer be needed,” his letter read, as reported by the <em><a href="https://www.theguardian.com/uk-news/2022/sep/13/king-charles-staff-given-redundancy-notice-during-church-service-for-queen" target="_blank" rel="noopener">Guardian</a></em>.</p> <p dir="ltr">“I appreciate that this is unsettling news and I wanted to let you know of the support that is available at this point.”</p> <p dir="ltr">It is understood that staff made redundant would be offered searches for alternative employment across the royal households.</p> <p><span id="docs-internal-guid-f647db3b-7fff-0830-52f2-2639733dc02f"></span></p> <p dir="ltr">“Our staff have given long and loyal service and, while some redundancies will be unavoidable, we are working urgently to identify alternative roles for the greatest number of staff,” a Clarence House spokesman said at the time.</p> <p dir="ltr"><em>Image: Getty Images</em></p>

News

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Tips for coping with redundancy when you’re 60-plus

<p>Redundancy is a real concern for people of any age bracket, but when you’re over 60 it can feel especially scary.</p> <p>For many people, the sudden trauma of having no money coming in can see them make some quick decisions that aren’t in their best interest.</p> <p>The best thing to do is in fact to wait it out before you make any big moves such as selling your car or moving house. If you have received a payout it can be tempting to spend up, or pay off debts, but in fact it’s best to wait and see that you can line up another revenue source first.</p> <p>At the same time you don’t want to ignore what is going on. If you have mortgage payments coming up for instance, now is the time to talk to your bank about what is going on. They can be very helpful if you give them all the facts.</p> <p>Check your super fund as some of them have life and sickness insurance or income protection insurance.</p> <p>There’s no need to feel too embarrassed to claim benefits from Centrelink. The funds are there to help get you through this tough time so it is worth finding out what you are entitled to. </p> <p>Be sure to ask your accountant about any tax implications as there are special exemptions for those who have been made redundant.</p> <p>Create a budget and stick with it while you plan your next move. Cut out any spending that is not essential, and be sure to remember to include regular bill payments such as health insurance or electricity.</p> <p>Now is your chance to decide what you really want to do. Use this time as an opportunity to determine if you want to find a new career path or continue down the same route.</p> <p><strong>Related links:</strong></p> <p><span style="text-decoration: underline;"><strong><em><a href="http://www.oversixty.co.nz/lifestyle/retirement-life/2015/12/how-to-mentally-prepare-yourself-for-retirement/">8 steps to mentally prepare yourself for retirement</a></em></strong></span></p> <p><span style="text-decoration: underline;"><strong><em><a href="http://www.oversixty.co.nz/lifestyle/retirement-life/2015/12/reasons-to-volunteer-in-retirement/">5 reasons to volunteer in retirement</a></em></strong></span></p> <p><span style="text-decoration: underline;"><strong><em><a href="http://www.oversixty.co.nz/lifestyle/retirement-life/2016/01/what-you-must-do-before-retirement/">The one thing you must do before retirement</a></em></strong></span></p>

Retirement Life

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A guide to voluntary redundancy

<p>Have you been offered voluntary redundancy but are unsure whether to take it? It’s a tough decision and one not to be taken lightly. Here’s some things to consider.</p><p>The offer of voluntary redundancy can be enticing, especially when you’ve been working at the company for a number of years and are looking to retire. A large sum of money and the prospect of a hard-earned break is music to many people’s ears, but it’s not always the best way forward.</p><p>When is it a good idea to take the money and go? What if you don’t find work again? Or, are you looking to retire and a lump sum payment is the sweetener to doing it sooner? There are also a few considerations to factor in when looking at the lump sum payment, such as take-home amount, type of payment and after-tax amount.</p><p>Wealth management firm BT Financial Group said people looking to take a voluntary redundancy should ask themselves these questions.</p><p><strong>How much will I get in my hand?</strong></p><p>Start by setting up a table or if you’re a whiz with Microsoft Excel, a spreadsheet, comprising of four columns with sub-titles: type of payment, before tax amount, tax taken out and after tax amount. You can then take a look at the section down the bottom called, Types of redundancy payments and tax treatment, to get a clearer idea of the different payments you may receive and the tax involved with each.</p><p><strong>How long will it take me to find another job?</strong></p><p>If you’re not ready to retire, ask yourself the time it may take to find a new job. There’s also the consideration that while laws forbid it, age discrimination still exists. Unfortunately, it may take you a little longer to secure a job you want if you’re over 60.</p><p><strong>Do I want a change of career?</strong> &nbsp;</p><p>If you have already decided your current career path has come to an end, a voluntary redundancy may provide a golden opportunity to keep an income while training and breaking into a new career.</p><p><strong>Am I ready to start looking for another job?</strong></p><p>The thought of not having to set the alarm and face the traffic is very appealing when you’re working. Once you have slept on it for a week or two, however, you start to think about the things you miss about working, such as the interaction with different people, the satisfaction of having a purpose and the fact that you don’t have to hunt for another job. Make sure you’re ready to dust off the resume, brush up on your interview skills, let the world know you’re looking for your next opportunity and get the skills and qualifications you need to land your dream job.</p><p><strong>Am I financially ready to retire?</strong></p><p>If you’re thinking about retiring, add your total assets, including the amount you’ve worked out in your spreadsheet, your super and any investments. Divide that number by 20 and that will give you the amount you can expect to receive as retirement income (assuming a 5 per cent income return). Be mindful that if you were born after 1952, you will not qualify for a Centrelink age pension until at least six months after you turn 65. Those born after 1957 won’t qualify until you reach 67. It’s a good idea to speak to a financial adviser at this point to maximise your Centrelink age pension, minimise your tax and get the right investment mix for you.</p><p><strong>Types of redundancy payments and tax treatment</strong></p><p><strong>Genuine redundancy payment:</strong> This is your redundancy payment if you’re under 65, which usually includes a base amount and an amount for each year of service. When it comes to tax, the first $9,246 plus an additional $4,624 for each completed year of service is tax free, the remainder is taxed as an eligible termination payment.</p><p><strong>Eligible termination payment:</strong> This payment is above the tax free amount if you’re under 65 and your entire payment if you’re over 65. For tax, if you’re under 55 the amount under $180,000 is taxed at a maximum rate of 30 per cent and any amount over that is taxed at 45 per cent. If you’re 55 or older, the amount up to $180,000 is taxed at a maximum rate of 15% and the balance is taxed at 45 per cent.</p><p><strong>Accrued annual leave or sick leave:</strong> This is leave pay that you’ve earned but haven’t taken. It’s taxed at a maximum rate of 30 per cent.</p><p><strong>Accrued long-service leave:</strong> This is long-service leave that you’ve earned but have not taken. Generally, this is paid if you have more than five years’ service. In regards to tax, if you started your current job after 1978 the maximum tax rate is 30 per cent.</p><p><strong>What should I do with my redundancy payment?</strong></p><p>If you do decide to take the voluntary redundancy, there’s a few sensible options of where you could put it.</p><p>1. Set up a bank account that will pay you the same way as you’re paid now. If you’re paid monthly, set up a monthly payment into your day to day bank account equal to your after-tax monthly salary.</p><p>2. Use any money you don’t need for the next six months to pay off as much of your home loan as possible so you can afford to live on a lower salary if necessary.</p><p>3. If you’ve decided to retire and are over 60, set aside enough income for the next two months and put the rest into your super fund. Once the money is in super, start an account based pension and use it to pay yourself an income. It may pay to hire a financial planner at this point to help you through this process.</p>

Money & Banking

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A guide to voluntary redundancy

<p>Have you been offered voluntary redundancy but are unsure whether to take it? It’s a tough decision and one not to be taken lightly. Here’s some things to consider.</p><p>The offer of voluntary redundancy can be enticing, especially when you’ve been working at the company for a number of years and are looking to retire. A large sum of money and the prospect of a hard-earned break is music to many people’s ears, but it’s not always the best way forward.</p><p>When is it a good idea to take the money and go? What if you don’t find work again? Or, are you looking to retire and a lump sum payment is the sweetener to doing it sooner? There are also a few considerations to factor in when looking at the lump sum payment, such as take-home amount, type of payment and after-tax amount.</p><p>Wealth management firm BT Financial Group said people looking to take a voluntary redundancy should ask themselves these questions.</p><p><strong>How much will I get in my hand?</strong></p><p>Start by setting up a table or if you’re a whiz with Microsoft Excel, a spreadsheet, comprising of four columns with sub-titles: type of payment, before tax amount, tax taken out and after tax amount. You can then take a look at the section down the bottom called, Types of redundancy payments and tax treatment, to get a clearer idea of the different payments you may receive and the tax involved with each.</p><p><strong>How long will it take me to find another job?</strong></p><p>If you’re not ready to retire, ask yourself the time it may take to find a new job. There’s also the consideration that while laws forbid it, age discrimination still exists. Unfortunately, it may take you a little longer to secure a job you want if you’re over 60.</p><p><strong>Do I want a change of career?</strong> &nbsp;</p><p>If you have already decided your current career path has come to an end, a voluntary redundancy may provide a golden opportunity to keep an income while training and breaking into a new career.</p><p><strong>Am I ready to start looking for another job?</strong></p><p>The thought of not having to set the alarm and face the traffic is very appealing when you’re working. Once you have slept on it for a week or two, however, you start to think about the things you miss about working, such as the interaction with different people, the satisfaction of having a purpose and the fact that you don’t have to hunt for another job. Make sure you’re ready to dust off the resume, brush up on your interview skills, let the world know you’re looking for your next opportunity and get the skills and qualifications you need to land your dream job.</p><p><strong>Am I financially ready to retire?</strong></p><p>If you’re thinking about retiring, add your total assets, including the amount you’ve worked out in your spreadsheet, your super and any investments. Divide that number by 20 and that will give you the amount you can expect to receive as retirement income (assuming a 5 per cent income return). Be mindful that if you were born after 1952, you will not qualify for a Centrelink age pension until at least six months after you turn 65. Those born after 1957 won’t qualify until you reach 67. It’s a good idea to speak to a financial adviser at this point to maximise your Centrelink age pension, minimise your tax and get the right investment mix for you.</p><p><strong>Types of redundancy payments and tax treatment</strong></p><p><strong>Genuine redundancy payment:</strong> This is your redundancy payment if you’re under 65, which usually includes a base amount and an amount for each year of service. When it comes to tax, the first $9,246 plus an additional $4,624 for each completed year of service is tax free, the remainder is taxed as an eligible termination payment.</p><p><strong>Eligible termination payment:</strong> This payment is above the tax free amount if you’re under 65 and your entire payment if you’re over 65. For tax, if you’re under 55 the amount under $180,000 is taxed at a maximum rate of 30 per cent and any amount over that is taxed at 45 per cent. If you’re 55 or older, the amount up to $180,000 is taxed at a maximum rate of 15% and the balance is taxed at 45 per cent.</p><p><strong>Accrued annual leave or sick leave:</strong> This is leave pay that you’ve earned but haven’t taken. It’s taxed at a maximum rate of 30 per cent.</p><p><strong>Accrued long-service leave:</strong> This is long-service leave that you’ve earned but have not taken. Generally, this is paid if you have more than five years’ service. In regards to tax, if you started your current job after 1978 the maximum tax rate is 30 per cent.</p><p><strong>What should I do with my redundancy payment?</strong></p><p>If you do decide to take the voluntary redundancy, there’s a few sensible options of where you could put it.</p><p>1. Set up a bank account that will pay you the same way as you’re paid now. If you’re paid monthly, set up a monthly payment into your day to day bank account equal to your after-tax monthly salary.</p><p>2. Use any money you don’t need for the next six months to pay off as much of your home loan as possible so you can afford to live on a lower salary if necessary.</p><p>3. If you’ve decided to retire and are over 60, set aside enough income for the next two months and put the rest into your super fund. Once the money is in super, start an account based pension and use it to pay yourself an income. It may pay to hire a financial planner at this point to help you through this process.</p>

Money & Banking

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