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In today's episode Glen and financial adviser Nathan Fradley talk about:
π Wendy's questions around an older spouse applying for the age pension:
- how will Centrelink assess my income when my husband applies?
- if he doesn't qualify, what seniors health cards are available?
- should I consider reducing my work hours before he applies?
- if he uses his super to pay off the mortgage, how will his assets be assessed?
- is a car on novated lease assessed by Centrelink?
ππΌ Ignatius - I'm inheriting my parent's home. Can I make it my PPOR to pay no tax when I sell?
ππ½ Richard - my defined benefit must be cashed out upon retirement. Should I roll the money into my retail super or use the cash to invest?
ππΎ Col - how can I calculate the retirement sweet spot in 10 years time?
Glen's favourite tea: link.amazon/B0bziQ7s5
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Glen James has a financial interest in Tallowwood Wealth Advice. This content is for education and entertainment purposes only and is intended for Australian residents. It is not a substitute for professional financial, tax or legal advice. Any advice provided is general financial advice only, which does not take into account your objectives, financial situation or needs.You should consider whether the advice is appropriate for your circumstances before acting on it. If you choose to buy a financial product, read the relevant product disclosure statement (PDS) and target market determination (TMD), and seek personal advice from a licensed adviser. We may discuss products, services or listener questions within our content for illustration and entertainment purposes. It is impossible to provide personal advice in this format, as we donβt know your individual financial situation. We may also change the names of questioners for privacy. While we do our best to provide accurate information, we accept no responsibility for any inaccuracies. Guest opinions are theirs and their respective licence holders. SYMO Interactive Pty Ltd and Glen James are authorised representatives of MoneySherpa Pty Ltd, which holds Australian Financial Services Licence 451289. Please read our Financial Services Guide at moneypodcast.com.au.
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