Rising rates have washed through to lifetime annuities which, for the first time in decades, and coupled with generous Centrelink rules, provide a simple solution for retirees looking for certainty. The set-and-forget guaranteed retirement income plan could be a step closer.
Rising interest rates have washed through to lifetime annuities which, for the first time in decades, now provide a viable and simple solution for retirees looking for certainty in retirement.
Significant changes to Centrelink rules three years ago mean a 67-year-old couple with $300,000 to invest could rely on a guaranteed income of at least $56,000 a year, tax-free and […]
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