Retirement Income – OverSixty

What a disaster: federal government slashes COVID payment when people need it most

With Australia now in the worst stage of the COVID-19 pandemic, there could hardly be a worse time for Australian government to cut and restrict its Pandemic Leave Disaster Payment.

Retirement Income

Healthy humans drive the economy: we’re now witnessing one of the worst public policy failures in Australia’s history

Some political and business leaders have, from the outset of COVID-19, downplayed the economic costs of mass illness. Weâ€™re now seeing the result.

Retirement Income

Should I pay off the mortgage ASAP or top up my superannuation? 4 questions to ask yourself

Depending on circumstances, it may be time to re-think the bias to paying down housing debt over wealth accumulation in super. At least to do the sums, so you can make an informed choice.

Retirement Income

Progressive in theory, regressive in practice: that’s how we tax income from savings

It would be a mistake to think that just because higher earners face higher tax rates, thatâ€™s what they pay. When it comes to income from savings itâ€™s the other way around.

Retirement Income

The majority of Australians are not saving enough for retirement

Only 53% of couples and 22% of single people are on track to achieve a comfortable level of retirement income, according to an in-depth study of the adequacy of retirement savings.

Retirement Income

Finance drives everything â€” including your insecurity at work

Less secure jobs are just one aspect of the rise of finance capital. Itâ€™s a driver of increasingly uneven income distributions and corporate priorities that are now putting our future at risk.

Retirement Income

Overhaul of payments system to cover digital wallets, buy now pay later, cryptocurrency

Treasurer Josh Frydenberg will announce a comprehensive reform of regulations governing the payments system, to bring it up to date with innovations such as digital wallets and cryptocurrency.

Retirement Income

Why happiness is becoming more expensive and out of reach for many Australians

The change point at which the happiness of most Australians no longer strongly depends on income has almost doubled from A$43,000 to A$74,000.

Retirement Income

17 habits of people who are great at saving money

Build your nest egg by following these smart saving tips.

Retirement Income

Indigenous Australians retire with 27% less savings

Superannuation is a highly researched area, but little has been done on how Indigenous workers fare. The picture is not pretty.

Retirement Income

I chose the electricity retailer offering the best deal for my home. That’s not what I got

I sifted through 30 power retailersâ€™ offers to save on my home bills. Then I checked - and discovered Iâ€™d been switched to a more expensive plan.

Retirement Income

There’s an easy way to figure out if you’ll have enough money to retire

Itâ€™s as easy as 123.

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What a disaster: federal government slashes COVID payment when people need it most

Healthy humans drive the economy: we’re now witnessing one of the worst public policy failures in Australia’s history

Should I pay off the mortgage ASAP or top up my superannuation? 4 questions to ask yourself

Progressive in theory, regressive in practice: that’s how we tax income from savings

The majority of Australians are not saving enough for retirement

Finance drives everything â€” including your insecurity at work

Overhaul of payments system to cover digital wallets, buy now pay later, cryptocurrency

Why happiness is becoming more expensive and out of reach for many Australians

17 habits of people who are great at saving money

Indigenous Australians retire with 27% less savings

I chose the electricity retailer offering the best deal for my home. That’s not what I got

There’s an easy way to figure out if you’ll have enough money to retire

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