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Ensure you get the most out of your retirement

You work hard during your career, accumulating wealth, so when the time comes, you can spend your retirement enjoying the important things in life, so it makes sense you ensure you maximise your entitlements. The Government provides a range of assistance to those approaching and in retirement, but understanding what you can receive can be complicated. It is important to seek the right advice to ensure you can get the most out of your retirement.

Patricia and Dermott are aged in their 70’s, still working, and have healthy superannuation funds. They were looking to maximise Centrelink and Pension bonus scheme payments. When applying directly to Centrelink their who super fund was assessed and it was determined that neither Patricia nor Dermott were entitled to any payments.

They then approached their Count Adviser, Gavin Latz* of CBC Financial Advisers in Campsie, NSW who withdrew their Centrelink applications and provided advice to the couple. Gavin advised their superannuation accounts were actually account based pensions, and therefore needed to be assessed differently for Government assistance. As a result they are now entitled to the bonuses. Gavin’s professional advice qualified Patricia and Dermott to $18,000 in payments.

Not only were the clients pleasantly surprised but continue on their way for affording their dreams.

Determining whether you are eligible for Centrelink benefits can be a difficult and time consuming process. Claiming any benefits which you and your family may be eligible for can be made easy with the help of your Count Adviser.

*Gavin Latz is an Authorised Representative of Count Financial Limited
Before you implement any strategies speak with your Count Adviser about advice that suits your personal needs.