Source: Getty Images.
Source: Getty Images
Source: Getty Images
Image source: Getty
Source: Getty Images
Understanding how people aged 67 to 75 can top up their self-managed super funds
“Can I gift a home to my kids and would it affect them in any financial way?”
Finance expert, Nick Bruining, shares how older Australians can pocket thousands of dollars while keeping the pension and what other changes are coming. Image source: Getty
Independent money expert, Nick Bruining, provides a real life example of how Centrelink assessable income is NOT the same as Tax Office assessable income. Image source: Getty

About Nick Bruining

Nick Bruining has always taken a frank, no-nonsense approach to money, back when he started out in 1989 as a certified financial planner – he was Money Management’s Financial Planner of the Year in 2003 – and in his current life as a personal finance correspondent for the Seven Network and writer for The West Australian. He specialises in understanding the money worries and providing practical guidance to real people through his newspaper columns, on-air reports and his hit 2015 book Don’t Panic: Why You Don’t Need $1 Million To Retire Well. He says the myth that it’s impossible to retire on far less than $1 million is perpetuated by vested interests and that the truth is, a couple can retire on an income of $48,000 a year created from the Age Pension and just $270,000 in super. Nick qualified as an economist and is a former lecturer on financial planning at Curtin University. In between filing newspaper and TV financial reports and working on a recently released update of his book, which you can purchase here, Nick tries his luck catching crabs and lobsters in Perth’s Mandurah Estuary.