Thank you. How did Mary invest $200,000 in an annuity when she only had $140,000 left after her spending? Also, do these scenarios work the same for someone on the Disability Support Pension?
Thank yooooou!! Katherine, your videos have been incredibly helpful. I am glad for your videos, they are highly educational. You speak clearly and slowly, easy to understand. Keep up the great work. You do know your topics so well. It will take me a lifetime to learn a fraction of what you know.
Love your channel Katherine. Thank you for your time. You responded to my last email to you very promptly and it was helpful. We appreciate you so don’t listen to irresponsible trolls, they are sad softcocks who really have no life, no friends and sadly no future.
OMG ! I just LOVE all of your wonderfully informative video's. You are such a beautiful person, thankyou so much for taking the time to help us 'oldies' we really can sleep better at night now that we have been 'financialy educated'.
Whilst my wife and I are planning to retire independently funded we have close family members for whom this is not an option and we are aware that plans are one thing and life is quite another. I am certain that this knowledge will come in very handy for someone we know if not ourselves. It is unfortunate that our system requires such explanations and appropriate assistance is not given by our government as a matter of course.
Hello Ian, I agree with you 100% and I am a strong believer that financial knowledge should be introduced in schools, as this is an essential knowledge to have secure life, as well as healthy and wealthy society.
You mentioned about gifting? Can we give gifts when we are close to pension age.How will that affect age Pension application. Is this $30000 gift for one person or can I give the same amount to another child that means total gifts of $60000 ?
Hi Katerine, I just received an inheritance of about $150K and currently receiving Carer Payment from Centrelink for past 3 years. I am now 60yrs. I want to transfer all my iheritance to my Super (accumulating). In doing so, will the inheritance still be subject to assets test to Centrelink?
Katherine this is a very relevant topic for me. I will email you with my situation as it’s quite complicated but I’d like your opinion and it might be interesting for your viewers in a similar situation. Cheers Laureen
Yes, that's correct, but Centrelink will just reduce it as per $10K a year. As long as it is within $30K in 5 year period, Centrelink has no issue with this
Thank you. How did Mary invest $200,000 in an annuity when she only had $140,000 left after her spending? Also, do these scenarios work the same for someone on the Disability Support Pension?
Clear explanations of difficult to understand issues. Thank you for taking time to make these videos.
Thanks Roy 😀
Are you expecting any inheritance soon? or maybe you have and it impacted your entitlement already? If yes, let me know 😀
Thank yooooou!! Katherine, your videos have been incredibly helpful. I am glad for your videos, they are highly educational. You speak clearly and slowly, easy to understand. Keep up the great work. You do know your topics so well. It will take me a lifetime to learn a fraction of what you know.
Hello Choy Chan, thank you so much and I am very glad you are learning form my videos, so keep watching 😀👍
I’m so glad I’ve found you! I’ve been binge watching your videos and learnt so much! Thankyou,you’re so kind and generous with your time xx
Thank you Carmen 😀
Love your channel Katherine. Thank you for your time. You responded to my last email to you very promptly and it was helpful. We appreciate you so don’t listen to irresponsible trolls, they are sad softcocks who really have no life, no friends and sadly no future.
Hello Marcia and thank you
Thank you Katherine for your invaluable advice and time, effort and knowledge you share with us, blessings to you
Thank you, it means a lot . I am just happy that so many people are learning and introducing some improvements into their lives 😀
OMG ! I just LOVE all of your wonderfully informative video's. You are such a beautiful person, thankyou so much for taking the time to help us 'oldies' we really can sleep better at night now that we have been 'financialy educated'.
Thank you so much! It means a lot Steve 😀
Enjoying the videos good information 👍. Did you mean $20k in Annuities for the Mary example, and not $200k?
No, $200,000 from her original own money Gavin 😀
Whilst my wife and I are planning to retire independently funded we have close family members for whom this is not an option and we are aware that plans are one thing and life is quite another. I am certain that this knowledge will come in very handy for someone we know if not ourselves. It is unfortunate that our system requires such explanations and appropriate assistance is not given by our government as a matter of course.
Hello Ian, I agree with you 100% and I am a strong believer that financial knowledge should be introduced in schools, as this is an essential knowledge to have secure life, as well as healthy and wealthy society.
Another excellent video..thank you so much
Thank you Souhail 👍
When do you start counting inheritance, so that you have 12 months time to sort it out.
Is ok i understand you
Who are OMG WHY THEY USED MY PERSONAL MONEY HERE OVERSEAS &WHY THEY NEVER CONTACT ME HAVE THEY SAMETHIG TO HOST ?
Now that couple who received $55.00 after your suggested investment, do they need to pay taxes.
No, no tax is payable Deena
What is your retirement website?
Hi Souhail, it is www.aboutretirement.com.au
You mentioned about gifting? Can we give gifts when we are close to pension age.How will that affect age Pension application. Is this $30000 gift for one person or can I give the same amount to another child that means total gifts of $60000 ?
Hi Katerine, I just received an inheritance of about $150K and currently receiving Carer Payment from Centrelink for past 3 years. I am now 60yrs. I want to transfer all my iheritance to my Super (accumulating). In doing so, will the inheritance still be subject to assets test to Centrelink?
Katherine this is a very relevant topic for me. I will email you with my situation as it’s quite complicated but I’d like your opinion and it might be interesting for your viewers in a similar situation. Cheers Laureen
Hello Laureen, thank you and I am looking forward to receiving your email
Please let me know where my money has go ?if till now i not get nothing
Thought you could only gift $10 000.
Yes, that's correct, but Centrelink will just reduce it as per $10K a year. As long as it is within $30K in 5 year period, Centrelink has no issue with this
I not recieved any money till today can not be mistake