Are you retired or considering retirement? Are you aged 60 years or above or an Aboriginal or Torres Strait Islander aged 50 years or above?
This forum on financial matters will help you prepare and get the most out of your money in retirement.
We’ll have guest speakers from Services Australia Financial Information Services and Eastern Community Legal Centre who will provide information and advice about:
- maximising your income
- downsizing your home
- financial assistance through the Commonwealth Government
- the financial and legal impacts of gifting
This is a free event and bookings are essential.
Overview of the day
| 9.30am | Arrival, registration and refreshments |
| 9.50am | Welcome and official opening |
| 10.00am | Eastern Community Legal Centre and Elder Abuse Response Team |
| 10.20am | Services Australia - Financial Information Services |
| 10.30am | Morning tea |
| 11.00am | Concurrent sessions A and B* |
| 12.00pm | Lunch and speak with the experts |
| 12.45pm | Concurrent sessions C and D* |
| 2.00pm | Wrap up and close |
*See session descriptions below
Session A: Options in retirement
The Financial Information Service helps you make informed decisions about your finances. This session will cover topics to assist you to make independent decisions relating to your own finances.
Topics include:
- understanding your finances and options
- options for retirement
- planning and preparing for your retirement
- how to make information financial decisions
- taking control of your finances to increase lifestyle choices.
Session B: Working with an Aged Care Specialist Officer
What is an Aged Care Specialist Officer? They are part of My Aged Care face-to-face services and can help you with your aged care matters.
They can support you by:
- providing in-depth information on the different types of aged care services available to you
- checking you’re eligible for government-funded services and making a referral for an aged care assessment
- helping you to understand the costs associated with residential care
- assisting you to appoint a representative for My Aged Care.
Session C: The home
- Home Equity Access Loans – find out how you and your partner may be able to use this scheme to supplement your retirement income if you have real estate assets.
- Gifting - if you give away your income or assets, they may still count towards your income and assets tests. This also applies if you sell them for less than they’re worth. Understand how gifting impacts your finances.
- Downsizing – learn how downsizing your home or granny flat impacts you.
Session D: Aged Pension
Increase your confidence with financial matters including:
- investment, salary sacrifice and superannuation
- assets / income streams
- general Aged Pension – open discussion question and answers
- notification requirements and rights when on an income support payment.
Download the full program
