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The means test is based on residents’ assets and income on the day they move into aged care.

Retiree, beware: New residential village model charges more the longer you live

One retirement village company has come up with a solution for residents who stay longer than the average nine years: just keep charging them.

  • by Rachel Lane

Ask an expert

Can you withdraw a loved one’s super after death to save on tax?

It’s important to clarify strategies to save on superannuation ‘death tax’, as there are certain methods that will not work after death.

Noel Whittaker
Noel Whittaker

Money columnist

Should I boost my super or pay off my mortgage?

Owning a roof over our heads and being debt-free in retirement is a common goal. But doing so can come at the expense of extra earnings.

Paul Benson
Paul Benson

Money contributor

Can I open a super account for my young grandson?

Helping kids with their super can mean you’ll run into some hurdles.

Noel Whittaker
Noel Whittaker

Money columnist

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