Attention Retirees!

Would you like to:

  • Maximise your age pension entitlements?
  • Have a secure lifetime income that covers your basic needs?
  • Have a long term defensive investment that is tax effective with typically higher returns than cash?

Annuities allow you to secure a guaranteed income for life or for a certain period of time depending on the annuity option you choose. You could consider using this guaranteed income to cover your basic expenses such as food, electricity, and petrol etc, while you draw down on your account based pension for your discretionary spending.

Annuities may also enable you to qualify for age pension or to increase your existing Centrelink benefits.

Even if you’re not eligible for Centrelink benefits, annuities can potentially provide higher and more tax effective returns than cash.

Retirement is a time to enjoy through spending more time with your family, traveling or enjoying the hobbies that you are passionate about. Financial stress in retirement is the last thing you want. An annuity may help reduce stress by providing a guaranteed income through an investment that could help to maximise your Age pension entitlement. Annuities may also help to increase the longevity of your super where used in conjunction with an account based pension.

Please view the Challenger video link below or come in and have a free no obligation chat with one of Roberts & Morrow’s Financial Planners to see whether an annuity is the right strategy for you in retirement.


Recent Articles

Proposed broadening of NSW Landholder Duty

02nd December 2019

Landholder duty only applies to relevant acquisitions of shares in companies or units in unit trusts that hold interests... Read More

Discretionary trusts – Take action now to avoid extra land tax and stamp duty charges!

22nd November 2019

In NSW the extra 8% stamp duty and extra 2% land tax surcharges for foreign persons, trusts and companies... Read More

Update on drought assistance

21st November 2019

The NSW Government Department of Primary Industries shares regular updates on drought assistance initiatives as they become available. Click... Read More

We've got an app!

21st November 2019

Roberts & Morrow has launched an app available for download from the App Store for the iPhone/iPad or from... Read More