Let’s start by saying that your 60s should be one of your best decades. Your kids are off your hands, you’re either retiring or working towards that goal, you’ve probably paid down your mortgage, you have more freedom and you still have enough energy to use that freedom. However, if you’ve stopped work or reduced your working hours, you might need a small financial boost. The great news is that once you’re over 60, you can access numerous benefits.
State-based seniors cards
Every state or territory in Australia offers some form of a seniors card. In NSW, you can apply for your card as soon as you turn 60. Using your card, you’ll have access to discounts that range from theatre tickets (not all theatres but many), participating cinemas and meals to household needs, personal care products and selected legal services. You can also claim a seniors discount on intra-state rail travel.
Local travel cards
Where your state has a travel card like Victoria’s myki or southeast Queensland’s Go card, you’ll get varying discounts. In Victoria, you get 50% off travel while in Queensland, you'll enjoy subsidised fares. Queensland recognises a seniors card from any state so don’t forget yours when you travel north.
Travel vouchers for pensioners
Depending on the state or territory, you could be taking the train at no charge or at heavily discounted rates. NSW offers four free trips a year in Economy while Queensland offers discounts that range from paying only the admin fee to 25% off long-distance rail travel.
Commonwealth Seniors Health Card
You might not need this right now but it’s worth keeping in mind for the future. This handy card gives you cheaper health care and some discounts once you reach Age Pension age and earn less than the stipulated annual income. See more about the Commonwealth Seniors Health Card (CSHC) at Services Australia.
Some energy providers offer energy rebates per household if you also hold this card and you need power for your health.
Some states offer rebates off water and rates bills. However, these rebates are generally for those of Age Pension age.
Pensioner Concession Card
Not to be confused with your Seniors card, the Pensioner Concession Card entitles you to discounts on items like hearing aids. The best thing about this card is you don’t need to apply for it; Services Australia will send you your card when they see you’re eligible.
We hope we’ve reconciled you to the idea of turning 60. Let us know if you hear of other discounts available and we’ll share them with our downsizing community.
Want to learn more about making the most of your next 30 years?
Retirement living can be the best time of your life.
We’re committed to making life better for the over 55s. Check out downsizing.com.au for more insights and great advice on living life to the fullest. We have a great range of properties for the over 55s to help you do that with like-minded people in land lease communities and retirement villages.