PROPERTY EXPERT

Rachel Lane

The Retirement Living and Aged Care Guru
I am looking at downsizing into a retirement village. I am 70 and on a full Age pension. What am I able to do with the residual of money to keep my pension?
Rachel Lane avatarRachel Lane
Financial planning
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‘How much can I put into Super if I sell my house?’
Money

‘How much can I put into Super if I sell my house?’

‘How much can I put into Super if I sell my house?’

How much you can contribute to your superannuation is going to depend on your age and how much you have already contributed.
Understanding retirement village buyback schemes
Considering a Retirement Village

Understanding retirement village buyback schemes

Understanding retirement village buyback schemes

The conditions and timeframes for retirement village buybacks are specified by state-based legislation.
Money and property expert weighs in. Image source: Getty
Downsizing & Decluttering

‘If we sell our farm and buy something smaller in town, how does that affect our pensions?’

‘If we sell our farm and buy something smaller in town, how does that affect our pensions?’

"Normally people are buying a cheaper home than the one they are selling and that’s what causes the move to impact on their pension."
If I sell my house, how long do I have to buy another one before I lose my Age Pension? Image source: Getty
Downsizing & Decluttering

‘If I sell my house, how long do I have to buy another one before I lose my Age Pension?’

‘If I sell my house, how long do I have to buy another one before I lose my Age Pension?’

Property and finance expert, Rachel Lane, answers the questions: 'If I sell my house, how long do I have to buy another one before I lose my Age Pension?'
Renting in retirement can provide you with both lifestyle and financial advantages. Source: Getty Images.
Home

Exploring the realities of renting in retirement

Exploring the realities of renting in retirement

There are a whole host of reasons why retirees may want or need to rent their home in retirement.
There's a lot to unpack when it comes to downsizing to head into a retirement village. Source: Getty.
Downsizing your home

‘How will buying in a retirement community impact the estate I leave?’

‘How will buying in a retirement community impact the estate I leave?’

Starts at 60’s free ‘Downsizing Essentials’ e-guide can help you break down the financials of retirement living in one simple exercise.
Unlocking cash after selling the family home could impact your pension depending on how you use it. Source: Getty.
Age Pension

‘If I release $600,000 in home equity, how will it impact my Age Pension?’

‘If I release $600,000 in home equity, how will it impact my Age Pension?’

Making the wrong move here could have the impact of entirely removing this reader’s pension eligibility.
Downsizing expert Rachel Lane says the two options are like apples and oranges. Source: Getty.
Retirement Villages & Lifestyle Communities

‘What’s the difference between a land-lease community and strata title?’

‘What’s the difference between a land-lease community and strata title?’

Land-lease and strata title are two of the most common types of property ownership downsizers have to choose from – and knowing which one suits you best is vital.
Downsizing expert Rachel Lane says people should avoid falling into the trap of thinking land-lease communities are just full of oldies. Source: Getty.
Money

‘I’m a young 52! Should I wait until I’m older to buy into a land-lease community?’

‘I’m a young 52! Should I wait until I’m older to buy into a land-lease community?’

You don't have to be 'old' or even retired to live in a land-lease community.

About Rachel Lane

Rachel Lane was a financial adviser who struck out on her own because she wanted to give older Australians better advice than they could receive from the mainstream money brands. As the founder of Aged Care Gurus, Rachel oversees an Australia-wide network of financial advisers who are committed to putting clients first with quality advice on all the financial aspects of downsizing, retirement living, home care and aged care. An independent thinker who is unaffiliated with any product provider, Rachel is regularly sought by government and peak bodies as a consultant, speaker and writer on issues in the sector, she holds a Masters in Financial Planning and, with Noel Whittaker, is the author of Aged Care, Who Cares? and The Retirement Living Handbook. Rachel and Noel have just published a third book, Downsizing Made Simple, that provides information and exercises designed to help 60-pluses make the right property decision for their lifestyle and budget. You can purchase a copy of Downsizing Made Simple here. Rachel says the close relationship she had with her own grandmother growing up is what drives her to push for the best deal for all older Australians.