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Supply: Fact Sheet 3: planning financially for an extended and more secure life, Budget 2018, Treasury

Bob and Sue certainly are a maximum that is 70-year-old pensioner few with a home valued at $850,000. Their combined Age Pension earnings is $1,368.20 per fortnight ($35,573 each year).

Underneath the expanded PLS guidelines, Bob and Sue have the ability to access a few of the value within their house. They decide to get $2,052 per fortnight ($53,360 year that is per, the entire quantity of 150% for the maximum price regarding the Age Pension. The worthiness associated with earnings flow increases as time passes in line with retirement indexation. Weiterlesen

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