In this episode Glen sits down with independent financial adviser, Andrew Saikal-Skea to answer your questions about money & retirement and the military. They talk about:
👉🏻 the compulsory retirement age
👉 defined benefit schemes & how they differ from super
👉🏼 the MSBS (Military Superannuation and Benefits Scheme)
👉🏽 the DFRDB (Defence Force Retirement and Death Benefits Scheme)
👉🏾 ADF cover & super
👉🏿 retirement planning if you continue working after 60
👉🏻 common MSBS money mistakes
👉🏾 the $1000 financial advice allowance
👉🏽 tax on MSBS
👉 reversionary pensions
👉🏼 how does a defined benefit scheme affect your transfer balance cap
👉🏿 how does it work if you receive 2 defined benefit pensions
👉🏻 structuring your defined benefit pension with a civilian super pension
👉 a question about meeting the super condition of release
Andrew's website: https://www.saikal-skea.com.au/
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