Age Pension vs Account-Based Pension: What's the Difference? Ready to crack the code on Age Pension vs Account-Based Pension? In this video, we're diving into the key differences between these two retirement income streams and why it's so important to understand them when planning for your golden years. What's the Age Pension? Think of it as the safety net the Australian Government provides for those who meet the age, residency, and means tests. It’s designed to cover the basics, but don’t expect it to fund your yacht or dream holiday. What about the Account-Based Pension? This is where YOU take control! It's your superannuation savings, your investment choices, and your retirement lifestyle. Flexible? Yes. But watch out—you need to manage it well to make sure it lasts! We’ll break down: ✅ Government safety net vs. self-funded retirement ✅ Who’s eligible and how they work ✅ Control, flexibility, and risks ✅ Which might be better for you! Whether you’re counting down the days to retirement or just starting to think about your future, understanding these two pension types is essential to building a strong financial plan. So hit play and let’s break it down! Don’t forget to like, comment, and subscribe for more tips on making the most of your retirement! #RetirementPlanning #AgePension #AccountBasedPension #AussieExpats #Superannuation #PensionExplained #FinancialPlanning About Jarrad Brown: Jarrad Brown is an Australian-trained and experienced Fee-Based Financial Planner with the Australian Expatriate Group of Global Financial Consultants Pte Ltd providing specialist financial advice and portfolio management services to Australian expatriates in Singapore. Subscribe to this YouTube channel for his latest tips and updates for Australian expats when it comes to making informed financial choices for their time abroad. Jarrad Brown is an Authorised Representative of Global Financial Consultants Pte Ltd – No: 200305462G | MAS License No: FA100035-3 ☞ Book a complimentary meeting or get in touch with Jarrad Brown: https://linktr.ee/jarradbrown You may also be interested to check out the following: Why is Singapore an Ideal Location for Australian Expats - https://youtu.be/atz25rGpi7I Don't Retire BROKE - How to Calculate Your Magic Number and Enjoy Your Golden Years - https://youtu.be/8xvs8EmVfFI 10 Things I Wish I'd Known Before Moving to Singapore - https://youtu.be/e8LkWxS1WGI General Information Only: The information on this site is of a general nature only. It does not take into account your individual financial situation, objectives or needs. You should consider your own financial position and requirements before making a decision. *Please note that Jarrad Brown is not a tax agent or accountant and none of the content outlined here should be taken as personal advice. You should consult your tax agent and financial adviser to review your current personal finances and financial goals to consider whether this strategy is appropriate for you.