How to have an improved income if you want & need More & are struggling on the pension.

This is fascinating as I just noted that the Government has not reduced the interest rate that it assumes that you derive from your financial assets.
Yes the RBA dropped its benchmark rate.

Yes the banks dropped their rates to the borrower although not all but they all dropped by plenty what interest  they pay in return for your deposit.

 But the government via Centrelink has not dropped what it deems you earn from your hard saved savings

IE. The deeming thresholds are as follows:

    • for singles - $51,800 which is deemed to earn the lower deeming rate of 1.%
    • for couples - $86,200 (combined) which is deemed to earn the lower deeming rate of 1.%.

Amounts above these thresholds are deemed to earn the higher deeming rate of 3.%.

Are you earning 3.%?

 It just so happens that yes I have on our Approved List several options that do always subject to the PC disclaimers.

IE what you are comfortable with.

But wait there is another opportunity from July 1 when the Asset test for income streams changes significantly better for you in the short term until you reach age 84.

So more money whilst you are well enough to enjoy it.

As there are 700 people retiring today & maybe 100 per day in Queensland then this could be you today or shortly or you have.

In your case it maybe that there is another reason to optimise your income.

e.g helping out the grandchildren with a house deposit or pay off HECS fee.

Or if you are in the 24% who are above the threshold then you want more income as government costs never go down.

I help you to improve the Money you deserve when you retire by modelling your situation for what can be best achieved for you.

PM John McAuliffe or visit  Now to take your easy financial step forward.