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Your Money

Avoid costly mistakes: How missteps with superannuation forms can impact your estate and taxes
Nick Bruining avatarNick Bruining
Superannuation
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How to avoid running out of money in retirement | Q&A with Challenger
End-of-life planning

How to avoid running out of money in retirement | Q&A with Challenger

How to avoid running out of money in retirement | Q&A with Challenger

Many Australian retirees worry about outliving their savings or running out of money in retirement. We sat down with Andrew Lowe, Head of Technical Services at Challenger, on ways to structure your spending habits and income streams to ensure you can live a sustainable lifestyle during your retirement.
How can I secure my superannuation and estate before major surgery?
Money Questions

How can I secure my superannuation and estate before major surgery?

How can I secure my superannuation and estate before major surgery?

Learn how to secure your superannuation and manage your estate with essential documents like Enduring Power of Attorney, Enduring Power of Guardianship, and an Advanced Health Directive before undergoing major surgery.
Tips on maximising your retirement income at tax time | Q&A with Challenger
Financial planning

Tips on maximising your retirement income at tax time | Q&A with Challenger

Tips on maximising your retirement income at tax time | Q&A with Challenger

Navigate tax time as a retiree around the end of financial year, and learn more on how you can maximise your retirement income.
Maintaining an emergency fund will provide peace of mind. Source: Getty Images.
Experts

Helpful strategies to build and maintain an emergency retirement stash

Helpful strategies to build and maintain an emergency retirement stash

Achieving a secure retirement extends beyond mere goal-setting; it entails the protection of those goals, and this is where an emergency fund comes in.
If you’ve either checked your eligibility before and just missed out, or if you’ve lost your entitlement because your income or assets tipped you over the cut off limits, it may be worthwhile rechecking your eligibility. Source: Getty Images.
Experts

Why you need to recheck your eligibility for the age pension

Why you need to recheck your eligibility for the age pension

From 1 July 2024, the income and assets test limits which are used to determine eligibility for age pension are increasing, therefore it may be worthwhile rechecking your eligibility.
Source: Getty
Money

Tax cuts, thresholds and more: Everything you should know for the new financial year

Tax cuts, thresholds and more: Everything you should know for the new financial year

Learn about new minimum earning limits before tax applies, and how tax minimisation strategies like super contributions are influenced.
Understanding whether you need to lodge a tax return hinges on several factors tailored to retirement income and the types of earnings received. Source: Getty Images.
Money

Navigating tax time for retirees: Do you need to lodge a tax return?

Navigating tax time for retirees: Do you need to lodge a tax return?

Tax time can often feel complex and uncertain for retirees, especially as financial circumstances change post-career. In an effort to understand your obligations come tax time, Starts at 60 spoke with the experts to make the process as straightforward and manageable as possible.
Source: Getty
Age Pension

Big increases in Centrelink eligibility thresholds from July 1: Here is how it may affect you

Big increases in Centrelink eligibility thresholds from July 1: Here is how it may affect you

From July 1 2024, Centrelink eligibility thresholds are increasing significantly, allowing more people to qualify for a pension or see an increase in their current payments. Discover how these changes could benefit you.
How Victorians can save on their next energy bill
Financial planning

How Victorians can save on their next energy bill

How Victorians can save on their next energy bill

Say goodbye to expensive lock-in contracts. There’s an easy, trusted, local alternative.
Source: Provided
Financial planning

The simple way Victorians can reduce their energy bills

The simple way Victorians can reduce their energy bills

Say goodbye to expensive lock-in contracts. There’s an easy, trusted, local alternative.
Don’t have a will? It’s easier than you might think
Video

Don’t have a will? It’s easier than you might think

Don’t have a will? It’s easier than you might think

We spoke to an expert about the best ways to get started.

Q&A

Retirement Income
Financial planning
Estate planning
Retirement Income
Estate planning

End of life planning

The complete state-by-state guide to probate: Who needs it and when

If you’re the executor of a loved one’s estate, your role will almost certainly involve distributing assets, as well as possibly paying debts or overseeing the sale of property or other belongings. But there are a number of steps required by law before you start dealing with the deceased’s finances.

Read more

Expert contributors

Money ExpertNoel WhittakerThe Financial Wizard of Oz
Money ExpertJim KilkennyThe Financial Services and Investment Veteran
Money ExpertNick BruiningThe Retirement Income Expert
Money ExpertBrian HerdThe Elder Law Legal Eagle
PROPERTY EXPERTRachel LaneThe Retirement Living and Aged Care Guru
Money ExpertTom EllisonThe Naked Investor

Your Money's Sections

Our money section is broken into four core pillars. Each is packed with expert insights, real life questions and helpful information.

Everyday Money

Everyday Money

Accounts, bills, budgets, cash, credit, consumer protections, products, payment platforms, rates and more; over-60s want to get the best out of their most frequent financial transactions because they know if they look after the pennies, the pounds look after themselves.

Retirement Income

Retirement Income

When you’ve worked for 40 years or more, knowing you can finally kick back without financial worries really matters. That’s why the pillars of Australia’s retirement income system are top topics; super, the Age Pension, mainstream investments, personal savings and property are all in focus here.

Planning for Later Life

Planning for Later Life

All of this looking after the pennies and maintaining a secure but not indulgent retirement income means wealth to pass on. There’s no taboo on talking about death; we regularly discuss the nitty gritty on who, what, when and how when it comes to estate and end-of-life planning. 

The Big Questions

The Big Questions

Starts at 60 Community members submit their questions to us for response by our financial experts.  Helpful insights from real life situations. 

The latest from our partners

‘I worked too hard all my life to keep saying no to good things in retirement’
Financial Planning

‘I worked too hard all my life to keep saying no to good things in retirement’

Vivienne spent more than a year researching options to boost her retirement income - you might be surprised at what she chose.
Written byHousehold Capital
How an Australian mortgage trust could help meet your retirement income needs
Retirement Income

How an Australian mortgage trust could help meet your retirement income needs

Access competitive returns on an investment that’s carefully risk-managed by a trusted Australian fund manager.
Written byTrilogy Funds
DIY investment or super: What to consider when choosing the option for you
Investment

DIY investment or super: What to consider when choosing the option for you

Just as most people on Grand Designs end up learning, DIY is never as easy or cheap as it looks.
Written byChristine Seib

From the experts

Understanding how people aged 67 to 75 can top up their self-managed super funds
Nick Bruining avatarNick Bruining
Money Questions
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“Can I gift a home to my kids and would it affect them in any financial way?”
Money Questions

“Can I gift a home to my kids and would it affect them in any financial way?”

“Can I gift a home to my kids and would it affect them in any financial way?”

Independent finance expert, Nick Bruining, answers this Q&A and shares what other implications you need to consider before gifting a home to your children.
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
Age Pension

Understanding how Centrelink assesses income for the income test

Understanding how Centrelink assesses income for the income test

It's important to understand that Centrelink assessable income is not the same as Tax Office assessable income or actual cash received.
A difference of 1 per cent in fees could make a difference of 20 per cent in your final retirement payout. Image source: Getty
Retirement Income

‘What’s a reasonable amount to pay in super fees and charges?’

‘What’s a reasonable amount to pay in super fees and charges?’

"If you’re paying 2.0 per cent or more, then you’re probably indirectly paying for someone’s leased BMW and pony club membership."
Do you have a question for our money expert?
Investment

Help! Why has my managed fund distributions resulted in a tax liability and what can I do about it?

Help! Why has my managed fund distributions resulted in a tax liability and what can I do about it?

Money expert Nick Bruining explains why the distributions from a managed fund could result in a tax liability.
Source: Getty
Experts

10 smart estate planning strategies to help protect blended families

10 smart estate planning strategies to help protect blended families

With blended families becoming more common, it's important to consider estate planning strategies to ensure assets are passed on fairly to all beneficiaries
Source: Getty
Experts

How to financially separate from your spouse

How to financially separate from your spouse

These are the key things you need to know when you're splitting your finances and assets during your divorce.
Downsizing is never easy, but Noel Whittaker breaks it down. Source: Getty
Age Pension

Downsizer contributions: Everything you need to know

Downsizer contributions: Everything you need to know

Equip yourself with everything you need to know about making downsizer contributions into your superannuation to build up your retirement savings.
When if the last time you assessed your superannuation account's performance? Source: Getty
News

Self Managed Super Funds: Everything you need to know

Self Managed Super Funds: Everything you need to know

When if the last time you assessed your superannuation account's performance?
It’s important you correct the values of your assets such as, bank accounts, investments, cars, and home contents regularly. The majority of your assets depreciate over time, providing an opportunity to increase your pension. Source: Getty Images
Age Pension

Maximise your Age Pension: Top tricks to get you more and the traps you should avoid

Maximise your Age Pension: Top tricks to get you more and the traps you should avoid

Pensioners owe it to themselves to make sure they’re getting their full entitlement. Here’s how to do it.
Buying a brand new car might not be all that it's cracked up to be. Source: Getty
Experts

Cars can kill you financially

Cars can kill you financially

Financial expert, Tom Ellison, shares his secrets on what makes buying a brand new car such a bad idea during retirement.
78% of over-60s surveyed said they had helped their kids get on the property ladder
Experts

The bank of mum and dad for property: how to protect yourself when lending money to your kids

The bank of mum and dad for property: how to protect yourself when lending money to your kids

As the property market continues to boom and prices skyrocket, it is even more likely than ever you’ll get a call from your adult children asking for some financial help to buy a home.
KAMPALA, CENTRAL REGION, UGANDA - SEPTEMBRE 24: Avocados cardboard box ready for shipment on Septembre 24, 2018 in Kampala, Central Region, Uganda. (Photo by Camille Delbos/Art In All of Us/Corbis via Getty Images)
News

Avo’ go at the price of these avocados

Avo’ go at the price of these avocados

If you’ve been into a supermarket recently, you’ve likely seen huddles of shoppers in the fruit and vegetable section, pushing...
Many Australians are unsure of what to do, in the case of a dementia diagnosis. Source: Getty
Health

What happens if I lose capacity due to dementia?

What happens if I lose capacity due to dementia?

There are nearly half a million Australians living with dementia today, with that number potentially doubling across the next 25 years. Do you know what steps need to be taken, if diagnosed with dementia?
The treasurer unveiled the budget on Tuesday night. Source: Getty
Experts

Over-60s and the budget: The pros and the potential pitfalls to avoid

Over-60s and the budget: The pros and the potential pitfalls to avoid

Find out what the Budget 2021-22 really has to offer older Australians – and where there’s a sting in the tail.

Watch Starts at 60 Masterclasses

Starts at 60 Members are invited to attend our retirement masterclasses. These are some of the money masterclasses we've held in the past 12 months.

Watch Now: Managing your Money in Uncertain Times
Starts At 60 Masterclass

Watch Now: Managing your Money in Uncertain Times

Watch our online panel event on how you can manage your money in the uncertain times.   It covers 1. Ensuring access to your bank accounts 2. Staying calm about super 3. Updating end-of-life planning 4. Key themes emerging from the economy.

Watch Now: All your digital banking questions answered
Starts At 60 Masterclass

Watch Now: All your digital banking questions answered

Learn about the tech keeping your money safe online, how you can easily keep yourself safe from scammers and the many things you can do with digital banking – without needing to leave your home!

Downsize or don't: Retirement income post-Covid 19
Starts At 60 Masterclass

Downsize or don't: Retirement income post-Covid 19

If you’re worried about whether your retirement income will last the distance or whether to downsize now our later, our online masterclass with financial guru Noel Whittaker, downsizing expert Rachel Lane and economics commentator Adam Creighton has the answers.

Watch: Your Money

Here's a selection of videos to help you navigate your money issues as you are nearing, and in retirement.

Watch: Creating a budget for your retirement
Everyday Money

Watch: Creating a budget for your retirement

How you can help your kids while in retirement
Everyday Money

How you can help your kids while in retirement

What do I do with my money when I retire?
Retirement Income

What do I do with my money when I retire?

Browse all Your Money videos