Noel Whittaker's Blog
By Noel Whittaker
As we count down to Christmas, it’s time to have some fun and recognise those who have made unique contributions to the world of money in 2021. Let’s start with bitcoin. I gave it the Golden Tulip Award in 2017 for the fastest growing “asset class” when it rose 1671% in just one year. Then …
Choosing an aged care home for yourself or a loved one can be overwhelming. Sadly, for many families it is a decision undertaken in haste, with adult children asked to make a shortlist of acceptable homes within a matter of days. The government’s My Aged Care website can help you identify homes in your area, …
Over the past week I’ve made three presentations to separate retiree groups, and from the questions being asked, it’s obvious many are still confused about superannuation. So today I’ll give you a brief overview, incorporating answers to many of their questions. First the good news: there is no limit on the amount your superannuation can …
A major part of the current aged care system is the bond residents can choose to pay for their accommodation. It is known as a Refundable Accommodation Bond (RAD) and, as its name indicates, is refundable in full to the resident or their estate when they leave. The purpose of the bond is to provide …
Welcome to the second part of our series explaining the tricks of the age pension system. Remember, you are tested under both an income and an assets test, and the one that produces the least pension is the one used. There is age pension calculator and a deeming calculator on my website www.noelwhittaker.com.au Most wealthier …