If you are getting ready for retirement, you may well be hoping to receive at least some Age Pension to supplement your investment income. If you are already retired and receiving the Age Pension then you are probably hoping you can hang on to as much of it as possible for as long as possible. If you are already retired and you are NOT receiving any Age Pension then you probably wish you could at least get some – if only to reap the additional benefits that come with it.
If you have not previously received/sought financial advice, then you probably feel that if you are over your Assets Test then you do not have any options. The reality is, however, that many people have a number of options and there are strategies available that assist in maximising your Centrelink Age Pension benefits. These options are not loopholes but genuine and effective strategies that have been available for many, many years. In many cases such strategies can have less risk associated with them than investments in your super fund.