If you are a retiree in Australia, there is a range of government financial help available if you meet eligibility requirements. Contrary to popular belief, there is no official retirement age in Australia. You can retire at any age you like, provided you can afford it. You can also work for as long as you like, provided youre physically and/or mentally capable and you have a job.
However, there are specific ages when you become eligible to access a range of government financial benefits in retirement. You can read part 1 of this series here, in part 2 I will take a look at the following financial benefits, their specific eligibility requirements, and how you can claim them.
the Medicare Safety Net
the Pension Loans Scheme
rent assista…
Read the full article at: https://www.sharecafe.com.au/2020/08/26/government-benefits-all-retirees-should-know-about-part-2/