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Off topic info for self funded retirees

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Off topic info for self funded retirees Empty Off topic info for self funded retirees

Post  philip.j.thompson Wed May 20, 2020 12:49 pm

Hi all, anyone who has an income stream out there check with whoever manages it as the Government is lowering the minimum amount you can pull by half. In our case we get zip from the government and yet could have had half our income stream cut. Contacted our income stream management mob and they are sending paperwork for us to sign so our stream will not be reduced. So if any out there are in the same boat might be wise to follow it up
regards Phil

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Post  moredeep Sun May 31, 2020 9:36 pm

sorry phil,I missed this post some how ,thanks for the heads up ,will check it out.


cheers    moredeep
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Post  philip.j.thompson Mon Jun 01, 2020 8:59 am

Hi, we have done paperwork so income stream not affected, also be aware that your finances may have been effected by market forces so you may want to lock in next financial years payments at your current income level.
regards Phil

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