The Forum > General Discussion > Where to now, retirement questions
Where to now, retirement questions
- Pages:
-
- 1
- Page 2
- 3
-
- All
The National Forum | Donate | Your Account | On Line Opinion | Forum | Blogs | Polling | About |
Syndicate RSS/XML |
|
About Us :: Search :: Discuss :: Feedback :: Legals :: Privacy |
Congratulations, you're now eligible to re-join the human race! Seriously, I did a bit over 32 years with NSWPOL retiring as a Detective Sergeant. The job together with the Association, were kind enough to fund several professional consultations with a well known company, who specialised in post retirement financial advice.
My wife and I found it very helpful, though thoroughly bewildering and ambiguous, trying to come to terms with the Government continually moving the taxation goal posts as it were? With certain tax concessions, and the rules being continually amended on specific classes of investments. A most puzzling exercise all round we found?
Moreover I had a 100% war pension, from my military service overseas, paid through DVA. Though not taxed, any income derived from investing that pension, was taxed. So the whole deal proved to be relatively complex for us as I said, we needed to include that income into the equation as well. Anyway, we seem to be OK and I'm in my mid seventies now, and we live quite comfortably to use that old cliche. Nevertheless I would urge caution, whatever you decide to do my friend.
Best of luck to you and enjoy your well earned retirement.