• My Retirement

    My Retirement

    You can't plow a field simply by turning it over in your mind (Gordon B. Hinckley)

My Retirement

Make the most of my retirement

Generally, you can only access your super when you permanently retire from the workforce and also reach a minimum age set by law, called your ‘preservation age’.

This doesn’t mean you have to stop working entirely. If you have reached your preservation age, your fund can let you draw on your superannuation without having to retire permanently from the workforce. This means you could continue working part-time and use some of your superannuation to supplement your income.

Once you can access your super benefits, you need to consider the tax consequences associated with accessing your money.

The amount of tax you pay depends on your age at the time of the withdrawal, the amount you take out and the super component from which the withdrawal is taken.

Here are four things to think about and talk through with an expert who can guide you in your retirement;

Contact us today for a complimentary and without obligation initial consultation to discuss how we can help you make the best plan for retirement.

LFS Advice Solutions

Life is Better With A Plan

337 Ascot Vale Road
Moonee Ponds Victoria 3000

Phone: 03 9278 5777
Fax: 03 9278 5799

clientservices@lfsadvice.com.au

PFG Global Pty Ltd

PFG Global Pty Ltd as trustee for PFG Financial Services Trust (ACN 161 691 103) trading as LFS Advice Solutions and LFS Lending authorised representative and credit representative of AMP Financial Planning Pty Ltd. Australian Financial Services Licensee and Australian Credit License 232 706

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