Understanding the Age Pension for the 2024/25 FY

Описание: Are you nearing retirement and wondering how to make the most of the Age Pension in Australia? This video breaks down the Age Pension system in an easy-to-understand way, explaining eligibility criteria, income and assets tests, and strategies to maximise your entitlements.

Discover practical tips like upgrading your home, gifting rules, and leveraging the Work Bonus scheme. Stay informed with the latest thresholds and deeming rates through Services Australia links.

At Guided Investor, our goal is to help Australians achieve financial independence, whether through building wealth or optimising government support like the Age Pension.

If you would like tailored financial advice from an Australian licensed Financial Planner visit us at
https://guidedinvestor.com.au.

--TIME STAMPS—
00:00 - Introduction
00:35 - What is the Age Pension?
00:54 - How much can you get?
01:40 - Means Testing: Income and Assets Tests
02:45 - Deeming and the Income Test
03:13 - Work Bonus Scheme
03:41 - Always keep Centrelink informed
04:05 - Strategies to maximise the Age Pension
05:54 - The Guided Investor Approach

Relevant links:

Services Australia: How much you can get - https://www.servicesaustralia.gov.au/...

Rent Assistance - https://www.servicesaustralia.gov.au/...

Services Australia: Assets test - https://www.servicesaustralia.gov.au/...

Services Australia: Income test - https://www.servicesaustralia.gov.au/...

Services Australia: Deeming - https://www.servicesaustralia.gov.au/...

Services Australia: Work Bonus - https://www.servicesaustralia.gov.au/...

DISCLAIMER:
The information contained in this video is for Australian residents only. The information does not take into account the particular investment objectives or financial situation of any potential viewer. It does not constitute, and should not be relied on as, financial or investment advice or recommendations (expressed or implied) and it should not be used as an invitation to take up any investments or investment services.

No investment decision or activity should be undertaken on the basis of this information without first seeking qualified and professional advice.

The video is power by Guided Investor. Guided Investor is a corporate authorised representative (CAR:001290418) of Symmetry Group (AFSL: 426385). Its employees or contractors do not represent or guarantee that the information is accurate or free from errors or omissions and therefore provide no warranties or guarantees. Guided Investor disclaims any and all duty of care in relation to the information and liability for any reliance on investment decisions, claiming the use or guidance of this publication or information contained within it.

For more information, please visit: https://guidedinvestor.com.au/