“The asset it's 60% for both the asset reduction or accessible value for both the asset and the income test. And then the 60% is up until 80, age 84 minimum of if you've taken it out for five years and then 30% for life.”

Hugh Robertson · The Money Puzzle · Special Episode : Listener questions answered

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What was described

use annuities where the 60% counted value applies up to age 84, then 30% for life

60% up to age 84, then 30% for life

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