Expanding eligibility to downsizer measures: Legislation has been introduced to reduce the downsizer eligibility age from 60 to 55. This measure will take effect from the first quarter after passing into law, which is expected to be 1 January 2023.
Not all financial goals are achievable or can be done in the timeframe you have set for yourself. Don’t trip yourself up before you start by being over ambitious or impractical.
If you are concerned about your own mental health, or if you are worried about the mental wellbeing of someone you care for, support is available from Beyond Blue on 1300 22 4636 or Lifeline on 13 11 14.