Nick Bruining Q+A: Will my wife’s income protection insurance payout stop me getting a pension?

I am a self-funded retiree aged 70. My wife is 57 and has recently resigned from her job due to illness.

At this stage, we are not getting any assistance from the government. We own our home and have two cars — one worth about $35,000 — and our furniture if sold today would fetch about $7000.