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Superannuation Opportunities for the 2023-24 Financial Year

Posted on September 3, 2023 by 60+Club
Superannuation Opportunities for the 2023-24 Financial Year 💰📈 With the new financial year underway, it’s an opportune time for retirees to review their financial strategies for 2023-24, especially concerning superannuation. Here are some key superannuation opportunities to consider:   Concessional Contributions The pre-tax concessional contributions cap remains unchanged at $27,500. This allows you and/or your
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Posted in Money & Financials, Super/SMSF
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23 power-saving tips to lower your electricity bill

Posted on July 19, 2023 by 60+Club
23 power-saving tips to lower your electricity bill ⚡💸 Electricity bill shock: how to lower the pain of July 1 price rises Say goodbye to the 2022-23 financial year, and brace yourself for 2023-24’s whole new world of financial pain when it comes to power prices. Electricity regulators have effectively set benchmark price rises of
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Posted in Money & Financials

Too good to be true? See through investment scams

Posted on July 8, 2023 by 60+Club
Too good to be true? See through investment scams ⚠️🛑 The Australian Cyber Security Centre Targeting Scams Report (April 2023) found that investment scams cost Australians $1.5 billion last year. They’re increasingly sophisticated and can take many forms. Learning how to identify an investment scam will help safegaurd your money and future goals. NAB Chief
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Posted in Learnings, Money & Financials

Where are the best rates in June for Savings Accounts & Term Deposits

Posted on June 12, 2023 by 60+Club
Where are the best rates across Cash Accounts & Term Deposits for June 2023 💰🏦 Whilst many experts weren’t expecting another rate increase in June, this has resulted to a jump in rates for savings and term deposit seekers which also came as a (pleasant) surprise for savers. So where are the best rates? Macquarie
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Posted in Money & Financials, News

What the 2023-24 budget means for older Australians

Posted on May 11, 2023 by 60+Club
What the 2023 budget means for older Australians 💰🧐 The big news for older Australians this week is the Government is helping pensioners and Commonwealth Seniors Health card holders to reduce cost of living pressures. These are many direct benefits that older Australians will receive in their wallets out of this years budget. Energy relief
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Posted in Lifestyle, Money & Financials, News

Where are the best rates in May for Savings Accounts & Term Deposits

Posted on May 7, 2023 by 60+Club
Where are the best rates across Cash Accounts & Term Deposits for May 2023 💰🏦 After what many experts say was a surprise rate increase in May by the Reserve Bank of Australia, we explore the best rates available for older Australians looking to park their cash with a bank savings account or term deposit.
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Posted in Money & Financials, News

Maximise your car’s potential: Rent out your car to earn extra income

Posted on April 27, 2023 by 60+Club
Maximise your car’s potential: Rent out your car to earn extra income You might have retired but that doesn’t mean your car can’t earn its keep! Owning a car equals freedom at any stage of life and especially once you’re retired. Yet, many people find that, as the years go by, their car is spending
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Posted in Money & Financials

PayID scam targets Australians selling items on popular online marketplaces

Posted on April 20, 2023 by 60+Club
PayID scam targets Australians selling items online ⚠️💰 The most common resale online marketplaces being targetted by scammers are Facebook or Gumtree Sneaky scammers are at it again, sending fake PayID emails to trick people selling items via online platforms like Facebook Marketplace or Gumtree. Scammers pose as buyers and ask the seller if they
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Posted in Money & Financials, Technology

Where are the best rates across Savings Accounts and Term Deposits

Posted on April 10, 2023 by 60+Club
Where are the best rates across Cash Accounts and Term Deposits 💰🏦 The Reserve Bank of Australia has increased interest rates ten consecutive months (or 3500 per cent) over the past 12 months: Though this month it finally “paused” at 3.6 per cent. For anyone trying to make money from cash or income yielding investments
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Posted in Money & Financials, News

Five tips to kick off your super pension

Posted on April 1, 2023 by 60+Club
Five tips to kick off your super pension Thinking of retirement? Read this before you start an income stream to make the most of tax perks, sputter splitting and inheritance. No matter what time of the year you start your pension (July 1 is the most popular day of the calendar for self-managed super funds),
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Posted in Money & Financials, Super/SMSF

“Around the world” airline fares cheaper than international flights

Posted on March 23, 2023 by 60+Club
How flying around the world can save a fortune on airfares ✈️🌏 Savvy travellers have jumped on to “around the world” fares to avoid paying through the nose for international flights, saving thousands of dollars in the process – even for business class. Instead of $20,000 for return business class seats from Sydney to New
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Posted in Lifestyle, Money & Financials, News

How you can get the Seniors Health Card on $90,000

Posted on February 6, 2023 by 60+Club
New rules mean you can get a Commonwealth health card on $90,000 What you need to know if you want cheaper medicines, medical expenses and other concessions that will save you money as a self-funded retiree. The increases in the income test allowances for the Commonwealth Seniors Health Card (CSHC) for self-funded retirees in the
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Posted in Money & Financials, Super/SMSF

Ageing at home? New caps mean more to spend on you

Posted on January 30, 2023 by 60+Club
Ageing at home? New caps mean more to spend on you 👴🧓 With provider admin fees creeping to as much as 60 per cent of a full-service package, rules from January 1 should lead to more funds for cleaning, meals or other services. Home care providers charging excessive fees to manage the funding meant to
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Posted in Aged care, Lifestyle, Money & Financials

Inheritance strategy for older parents, not just for the rich

Posted on November 10, 2022 by 60+Club
Inheritance strategy for older parents, not just for the rich Want to provide tax-efficient income to your grandkids or worried your child’s partner will walk off with part of your estate? This is what to do. More than half the wills being prepared by parents are attempting to exclude their children’s spouses or partners from
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Posted in Money & Financials

What’s in the Federal Budget for older Australians?

Posted on October 25, 2022 by 60+Club
What’s in the Federal Budget for older Australians? 💸🧐 After a nine year absence, a Labor Treasurer has once again delivered a Federal Budget, with Dr. Jim Chalmers producing in his first budget a document that reflects the times; one that is aiming to be, in his words, ‘solid, sensible and suited to the conditions’.
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Posted in Money & Financials, News

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