Age Pension Assets Test - EXPLAINED IN PLAIN ENGLISH!

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  • เผยแพร่เมื่อ 15 ก.ค. 2024
  • Assets test is one of the requirements for Age Pension. This video explains what assets test is, how it works, and asset types with examples. Also, find out if your home is an asset, and how your super impacts the assets test. retireon.com.au
    🦋 UPDATE!!
    Numbers in the video are from June 2019. For the updated numbers please follow the link below to the article on our website.
    🦋 ASSETS TEST ARTICLE
    ▪️ retireon.com.au/2019/age-pens...
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    🦋 USEFUL LINKS MENTIONED IN THE VIDEO
    ▪️ Government www.humanservices.gov.au/indi...
    ▪️ Age Pension age www.humanservices.gov.au/indi...
    ▪️ Granny flat rules: www.humanservices.gov.au/indi...
    ▪️ Financial Investment www.humanservices.gov.au/indi...
    ▪️ Excluded assets www.humanservices.gov.au/indi...
    ▪️ Social security guide guides.dss.gov.au/guide-social...
    🦋 CONNECT WITH US
    ▪️ TH-cam goo.gl/Mc5K1t
    ▪️ Website retireon.com.au
    ▪️ Facebook / retireon
    🦋 DISCLAIMER
    The information contained in this video is factual only. It is not financial or other advice of any type. You should consult a professional financial or retirement adviser to obtain specific advice for your particular situation. For more information, visit our Disclaimer page: retireon.com.au/disclaimer
    #RetireOn

ความคิดเห็น • 39

  • @RetireOn
    @RetireOn  5 ปีที่แล้ว +5

    Check out our AGE PENSION video/article: retireon.com.au/2019/age-pension-australia/

    • @alfonsovance3073
      @alfonsovance3073 2 ปีที่แล้ว

      I guess im asking the wrong place but does anyone know of a tool to log back into an Instagram account?
      I was stupid lost my account password. I love any tricks you can give me.

    • @reyanshdario6551
      @reyanshdario6551 2 ปีที่แล้ว

      @Alfonso Vance instablaster :)

    • @alfonsovance3073
      @alfonsovance3073 2 ปีที่แล้ว

      @Reyansh Dario I really appreciate your reply. I found the site through google and I'm trying it out now.
      I see it takes a while so I will reply here later with my results.

    • @alfonsovance3073
      @alfonsovance3073 2 ปีที่แล้ว

      @Reyansh Dario it did the trick and I now got access to my account again. I'm so happy:D
      Thanks so much, you really help me out :D

    • @reyanshdario6551
      @reyanshdario6551 2 ปีที่แล้ว

      @Alfonso Vance glad I could help :D

  • @natassjamarie
    @natassjamarie 5 ปีที่แล้ว +3

    Very informative, I learned so much! Thanks Sabrina, you're a great help.

  • @user-vj5jq2lb7j
    @user-vj5jq2lb7j 5 ปีที่แล้ว +4

    thanks for your suggestion ! I hope to learn more good advice and information ^^

  • @sextoncardew903
    @sextoncardew903 ปีที่แล้ว +6

    In other words. the Federal Government will screw us if we save.

  • @JanisKilby-tt2md
    @JanisKilby-tt2md 11 หลายเดือนก่อน

    Very good

  • @pould2613
    @pould2613 5 ปีที่แล้ว +4

    Thank you.. most informative

    • @RetireOn
      @RetireOn  5 ปีที่แล้ว

      Thank you very much for your feedback!

  • @lanfelstead3844
    @lanfelstead3844 5 ปีที่แล้ว +1

    Does CES age pension payment in Assets test? or financial investment income ? CES age pension payment plus bank dividend & super pension annual income all including income test ?

  • @cathrynnott2797
    @cathrynnott2797 3 ปีที่แล้ว +3

    How does inheritance affect your eligibility for the aged care pension?

  • @GeorgiosKOLOKYTHAS-fs3zy
    @GeorgiosKOLOKYTHAS-fs3zy 2 หลายเดือนก่อน

    I'm interested in the morning' to get a chance to enjoy a few hours later this weekend to visit my relatives in Greece

  • @dipakdesai3173
    @dipakdesai3173 3 ปีที่แล้ว +2

    Is any mortgage amount left on residential property deducted from assets test ?

  • @louisesuffolk
    @louisesuffolk หลายเดือนก่อน

    What about an investment property with a mortgage on it

  • @jonathankim3667
    @jonathankim3667 ปีที่แล้ว

    If someone receiving age pension sell his home. From that time, how does the asset test change ? How much reduce his age pension?

  • @user-qp3vk4tt2z
    @user-qp3vk4tt2z 7 หลายเดือนก่อน

    If you have 800 thous in assets and are a couple what does that do to our pensions .do we get a pension

  • @dentray
    @dentray 4 ปีที่แล้ว +5

    Buy Gold before you retire, simple!

  • @tiaradavies7318
    @tiaradavies7318 ปีที่แล้ว

    WhT about disability support pension

  • @banuramkumar575
    @banuramkumar575 ปีที่แล้ว

    If you don’t own a property but have 200000 in bank will it affect your pension if you live in old age home.?

  • @redsed1565
    @redsed1565 ปีที่แล้ว +1

    are u allowed to hide ur cash assets? Like lend ur money to some one so u can pass the assets test?

  • @PMWorkshop
    @PMWorkshop 3 ปีที่แล้ว

    To general

  • @candideharrison5568
    @candideharrison5568 ปีที่แล้ว +22

    While preparing for retirement, the wisest thing that should be on every wise individual's list is to invest in different stream of income; I am earning more this year because I have been investing while working at the same time. I invested through TERESA JENSEN WHITE, same woman that an anchor kept mentioning on CNBC, and made multiple of my start up capital within three months . She lives here in the USA and she is licensed

    • @candideharrison5568
      @candideharrison5568 ปีที่แล้ว

      I can’t drop her info here, Just do a web lookup using her full name and connect to her official webpage ..

    • @terrallcoscarelli7002
      @terrallcoscarelli7002 ปีที่แล้ว

      I really needed the help of someone .. Thanks so much . . I was able to find her page and I already leave her a message...

    • @stansburyclarice4968
      @stansburyclarice4968 ปีที่แล้ว

      Heard many good recommendations about TERESA JENSEN WHITE, and her profitable strategies by some brokers in a seminar and other platforms, I think she's the real deal for people to talk good about her, I will give her a trial and see how it goes then.,..

  • @Nidalwonderbigfans
    @Nidalwonderbigfans หลายเดือนก่อน

    I have an ivesment. Property that was valued at $1.2 million, it has been vacant for 12 months so I have not had an income, have survived on borrowed money, Centrelink tell me that I can’t get a pension

  • @Ivan-zz9hd
    @Ivan-zz9hd 11 หลายเดือนก่อน

    If I have a million dollars house and 900K loan, what's the asset value?

  • @JoeGalea-383
    @JoeGalea-383 ปีที่แล้ว

    Thanks Sabrina, do you run a practise, what are your contact details ?

  • @user-yn4ni8km2t
    @user-yn4ni8km2t 4 วันที่ผ่านมา

    Asset is only for the owners, not Labor government, until Labor reduces the amount they give to the aborigines . This "ASSETS Tax" is for one reason, and that is reduced the amount they give to pensioners but give millions of dollars to their clients the aborigines.
    Doing what they're doing is no different than treating pensioners under a DICTATION so they can control every cent they give to pensioners with the fault of stating that they give pensioners benefits underhanded.

  • @manasijoshi6133
    @manasijoshi6133 ปีที่แล้ว

    Very good