02
Jul
Is it time for a retirement plan check-up?
Retirement’s not about slowing down – it’s about choosing the life you really want. And according to retirement expert and bestselling author Rachel Lane, there’s never been a better time to check in on your plans.
With the cost of living still biting and superannuation changes on the horizon, Lane says downsizing could be one of the smartest moves over-50s can make.
“Downsizing can unlock lifestyle and financial freedom,” says Rachel. “You’ve got to think beyond the sale price – it’s about what you’re gaining.”
And for those moving into a land lease community, like a Living Gems lifestyle resort, that gain includes some unexpected perks. One of the big ones? A boost to Commonwealth Rent Assistance.
“The allowance increased by 10 percent in the 2024-2025 Federal Budget – on top of the 15 percent bump last year,” she explains. “For retirees on the Age Pension, that can make a big difference to everyday affordability.”
Here’s how it works: if you own your home and...