Income options in retirement
There are a number of income options available to you when you reach retirement. It is important that you know what your options are and start to plan for your retirement.
Access articles and tools to help you get the most out of your super fund.
There are a number of income options available to you when you reach retirement. It is important that you know what your options are and start to plan for your retirement.
The holiday season is over and now is a good time to revisit your superannuation and planning for your future. Below are some easy ways to help you maximise your superannuation savings for your retirement.
There are a number of things to think about when it comes to answering the question ‘how much super do I need to retire?’
Superannuation changes effective 1 July 2023
If you have reached the eligible age you may be able to contribute up to $300,000 to your superannuation fund from the proceeds of the sale of your home. As of 1 January 2023, the age requirement to be eligible to make a downsizer contribution has dropped to 55.
In March 2020, the government allowed early access to superannuation savings for people affected by Coronavirus (COVID-19). Individuals were able to access $10,000 before 1 July 2020 and another $10,000 between 1 July 2020 and 31 December 2020.
Figure out how much super you need to retire in comfort.