The best advice I can give you that is entirely accurate is for you to make a phone call to Centrelink and make an appointment to see a Centrelink Financial Advisor they will examine your financial status and affairs and show you exactly what you can do and what help you have available from Centrelink, I think you will be surprised how helpful they are, they are there to help with the right information.
Everyone getting near to retirement should see an advisor from Centrelink for advice to best set up their affairs to obtain the maximum Government support.
There are also seminars held regularly by Centrelink to help you plan your retirement they are well worth attending and can help you get the right info, rather than from a private advisor who is mainly interested in feathering their own and their companies nest, mostly the big banks.
Cheers
David
I second that Milo. See a Centrelink financial adviser. The disability pension is income and assets tested much the same as the age pension, so you need to get accurate info. I went to see one b4 I even finished up working and it was a very useful interview (without the 90minute wait Centrelink usually provides at all appointments)
Cheers
-- Edited by The dog lady on Saturday 31st of August 2013 06:50:13 PM
milo said
07:46 PM Aug 31, 2013
Hi guys , not. Sure if this is possible, say I sell my house and buy a camper can or motor home for example , is it possible to invest my money from the house. Ie what's left over and still get the pension (disability) and can you claim caravan park fees as rent??
Still dreaming and thinking out loud and I hope my posts he'll out others too
Happywanderer said
08:24 PM Aug 31, 2013
I know you can do all that on the age pension Milo. Others might have a better idea on the disability.
bill12 said
08:31 PM Aug 31, 2013
There is a limit on how much you can have in the bank, and still get the pension. It also depends if you are single or married. If you sell your house , you can have up to 12 months tolook for another property. Centrelink will deem that you get so much in interest, and it will affect your benefit. Have a look at the Centrelink site. It will help. Bill
Delta18 said
09:00 PM Aug 31, 2013
Hi Milo, the short answer is...yes. You would need to keep receipts to claim the rent ASSISTANCE, not the whole lot.
As others have said how much you will get will depend on your assets.
Talk to Centrelink when you have an idea how much you will have invested, you may be pleasantly surprised how much you will get.
Cheers Neil
Roving-Dutchy said
09:36 PM Aug 31, 2013
Hi Milo
The best advice I can give you that is entirely accurate is for you to make a phone call to Centrelink and make an appointment to see a Centrelink Financial Advisor they will examine your financial status and affairs and show you exactly what you can do and what help you have available from Centrelink, I think you will be surprised how helpful they are, they are there to help with the right information.
Everyone getting near to retirement should see an advisor from Centrelink for advice to best set up their affairs to obtain the maximum Government support.
There are also seminars held regularly by Centrelink to help you plan your retirement they are well worth attending and can help you get the right info, rather than from a private advisor who is mainly interested in feathering their own and their companies nest, mostly the big banks.
Cheers
David
valnrob said
10:11 PM Aug 31, 2013
Milo, think long and hard about selling up. Talk to Centrelink as the others have suggested before you do anything. I dont know your age or circunstances but please get advice and dont do anything on a whim. You must think about whether you can buy back in the market if need be.
milo said
11:07 PM Aug 31, 2013
thanks guys, like i said its all pipe dreams for now, just thinking slightly ahead at different possibilities
Radar said
02:04 AM Sep 1, 2013
Everyone hi. Good infor there.
Come Monday I am hoping into Centrelink to see what they can offer me now that my Lady has retired as of Friday night.
I am not a kept man any longer. Ya hoo
RosieW said
05:54 PM Sep 1, 2013
We looked at the same thing, and can tell you this: you can get DSP while on the road, and can claim park fees as rent, but there MAY be timel imitis i.e. you may have to stay in 1 spot for a period of time to qualify. You just need a postal address to get your Pensino Card sent to.
Gerty Dancer said
05:31 AM Sep 2, 2013
The Centrelink financial advisors are free and absolutely well worth the time it takes to make an appointment and attend for a chat. Go for it Milo!
rosco532 said
01:52 PM Sep 4, 2013
Milo, ..I have found in the past that ,yes,,Centre link can be helpful but......Sometimes if you don't ask...you don't get it......
Its through forums such as this that you may pick-up info what to ask them.....
I am watching this tread for myself as My BIG day is getting closer & closer.....you never stop learning
Cheers...Hope it all goes well for you
Rosco
glassies said
12:15 AM Sep 5, 2013
Hi milo, we went to see the financial advisor you would be suprised at how much you are aloud to have
its quite a bit, well for two it is but yes go see a financial advisor,dont tell them you are travelling at this moment
just go ask about the amount you can have and if you lived in your c/van yes you can claim rent assistance
just keep the receipts if you move on to diff places they dont care, i too am shooting for the disability pension
once we have sold up as we will not have enough to live on otherwise and i am unable to work .
good luck ,they are quite nice if you make an appointment ,some can be grumpy we got a lovely lady
and she helped us a lot printed out paperwork for us and all, As graeme will be going out on a self
funded retiree ,im not old enough to retire and i was born in 61 graeme was born in the year that you
can retire at 55 if you want to.
but because of my leg i can put my half of the money in super and get it straight out due to medical reasons.
I second that Milo. See a Centrelink financial adviser. The disability pension is income and assets tested much the same as the age pension, so you need to get accurate info. I went to see one b4 I even finished up working and it was a very useful interview (without the 90minute wait Centrelink usually provides at all appointments
)
Cheers
-- Edited by The dog lady on Saturday 31st of August 2013 06:50:13 PM
Hi Milo, the short answer is...yes. You would need to keep receipts to claim the rent ASSISTANCE, not the whole lot.
As others have said how much you will get will depend on your assets.
Talk to Centrelink when you have an idea how much you will have invested, you may be pleasantly surprised how much you will get.
Cheers Neil
Hi Milo
The best advice I can give you that is entirely accurate is for you to make a phone call to Centrelink and make an appointment to see a Centrelink Financial Advisor they will examine your financial status and affairs and show you exactly what you can do and what help you have available from Centrelink, I think you will be surprised how helpful they are, they are there to help with the right information.
Everyone getting near to retirement should see an advisor from Centrelink for advice to best set up their affairs to obtain the maximum Government support.
There are also seminars held regularly by Centrelink to help you plan your retirement they are well worth attending and can help you get the right info, rather than from a private advisor who is mainly interested in feathering their own and their companies nest, mostly the big banks.
Cheers
David
Everyone hi. Good infor there.
Come Monday I am hoping into Centrelink to see what they can offer me now that my Lady has retired as of Friday night.
I am not a kept man any longer. Ya hoo
Milo, ..I have found in the past that ,yes,,Centre link can be helpful but......Sometimes if you don't ask...you don't get it......
Its through forums such as this that you may pick-up info what to ask them.....
I am watching this tread for myself as My BIG day is getting closer & closer.....you never stop learning
Cheers...Hope it all goes well for you
Rosco
its quite a bit, well for two it is but yes go see a financial advisor,dont tell them you are travelling at this moment
just go ask about the amount you can have and if you lived in your c/van yes you can claim rent assistance
just keep the receipts if you move on to diff places they dont care, i too am shooting for the disability pension
once we have sold up as we will not have enough to live on otherwise and i am unable to work .
good luck ,they are quite nice if you make an appointment ,some can be grumpy we got a lovely lady
and she helped us a lot printed out paperwork for us and all, As graeme will be going out on a self
funded retiree ,im not old enough to retire and i was born in 61 graeme was born in the year that you
can retire at 55 if you want to.
but because of my leg i can put my half of the money in super and get it straight out due to medical reasons.