Debt consolidation may help you roll all your debts into one loan with manageable, lower interest payments. The ASAG Reverse Mortgage may be the perfect solution for debt consolidation needs during your golden years. Since the mid-1990s, the price of houses has increased at a faster rate than income, which has led to three times … Continued
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One day, your car can be affected by wear and tear and will need repairs or replacements. You’d want a trustworthy mechanic when this happens. But, how do you distinguish an honest mechanic from the one who will rip you off? There are signs that you are being taken advantage of. Look out for these … Continued
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Preparing to live out the next chapter of your life can help you build a quality of life in retirement. Transitioning to retirement is mostly an exciting phase in life, full of adventures and new possibilities. But for some retirees, moving on from work life can be a shock to their system now that there’s … Continued
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Running out of money is one of the most dreaded things you hope doesn’t happen when you retire. With a limited income stream, which used to come from wage and employment opportunities, it is quite impossible to rebuild your wealth once you enter retirement. Here are some strategies to help you ensure you won’t outlive … Continued
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Why should you think about retirement and aged care if you’re still fit and healthy going through various stages of your life? Well, retiring in style won’t work without a plan, which should be contemplated early on rather than later in life. One of the important factors to consider in retirement planning is the decision … Continued
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Many seniors are constantly looking for ways to boost their retirement income. The pressure to have a comfortable retirement, an unpredictable economy, limited savings, and lack of investments all contribute to them wanting to improve their income stream. According to an International Living report, technology has opened new doors of opportunity for seniors to earn … Continued
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As seniors get older, it’s becoming more challenging to get approved for a home loan or refinance an existing mortgage. Usually, traditional financial service providers such as banks are reluctant to offer loans to seniors because they are considered high-risk borrowers. If you’re already retired and on a limited income, your ability to make repayments … Continued
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In May 2021, the Australian Government announced it will make changes in the super contribution rules. It is not yet law, but is expected to apply from 1 July 2022, in which seniors between 67 to 74 years old will be able to make or receive personal contributions and salary sacrificed contributions without meeting the … Continued
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Research from the Royal Commission into Aged Care Quality and Safety has found that Australians would prefer ageing at home independently while receiving assistance during their retirement years rather than enter an aged care facility. Furthermore, Australian seniors who are living independently at home lead happy, active, and healthy lives. Older people usually need help … Continued
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