Question: Tips for Retirees during the lock down

Answer passage (source: Australia):
page_title: The Australian Government's economic response to coronavirus
section_headers: Temporary early release of superannuation
section_content: Individuals financially affected by COVID-19 may be able to access some of
their superannuation early. They will not need to:

pay tax on amounts released
include it in their tax return.

Eligible Australian and New Zealand citizens and permanent residents can apply
online through myGov to access up to $10,000 of their superannuation before 30
June 2020. They can also access up to a further $10,000 between 1 July 2020
and 24 September 2020.
Accessing your super early:

will affect your super balance
may affect your future retirement income.

You should consider seeking financial advice before applying for early release
of super. Services Australia's Financial Information ServiceExternal
Link can provide free , confidential financial
information.

Reviewer feedback on this answer:
Don't dump your stocks.Tempting as it may be to unload your stock investment s ata time like this , dont . you lock in losses when you sell.
The original question is pretty vague and open-ended. The answer appears to provide some info about finances that would be pertinent to retirees, which is what was requested.

Reviewer ratings:
Excellent
Acceptable

Answer passage (source: Australia):
page_title: Retirees
section_headers: Reduced drawdowns
section_content: Superannuation minimum drawdown requirements for account-based pensions and
similar products are being reduced by 50 per cent for the 2019-20 and 2020-21
income years.
This is designed to ease pressure on retirees to sell investment assets in the
current economic climate.
Your minimum drawdown allowance will vary depending on your age.
For those under 65 the minimum drawdown halves from 4 per cent to 2 per cent.
For those aged 74 to 79 it halves from 6 per cent to 3 per cent. For those
aged 95 and over it drops from 14 to 7 per cent.

Reviewer feedback on this answer:
Imagine a stream of income,locked in for the rest of your life , that ...the best of Kiplinger's advice investing,takes,retirement,personal finance.. If your social securiy benefits and other guarenteed income sources.
The answer isn't very long but does go into specific detail about what retirees can expect to happen to some of their income sources during the lockdown.

Reviewer ratings:
Could be Improved
Acceptable

Answer passage (source: Australia):
page_title: Retirees
section_headers: Deeming rates
section_content: The Government is also reducing both the upper and lower social security
deeming rates by a further 0.25 percentage points in addition to the 0.5
percentage point reduction to both rates announced on 12 March 2020.
The change reflects the low interest rate environment, reducing the income
deemed to have been earned from interest on investments and savings allowing
for an increase in social security payments .


Reviewer feedback on this answer:
The information here is related to the question asked but is pretty minimally detailed.
Unlike long-survice retirement system employess, who can retire on an immediate annuity equal to 50%-80% of salary .

Reviewer ratings:
Could be Improved
Acceptable