As you near retirement, early planning will benefit your future lifestyle
Age matters when it comes to super. By the time you hit 60, you need to start thinking about your retirement strategies. It’s a highly complex area with many age- and work-based rules, so the earlier you start planning, the less likely you are to get it wrong.
Generally, you can access super when you turn 60 if you cease a work arrangement. At 65, even if you are working, you can take it as a lump sum or pension.
“If people want to maximise the chances of their retirement assets outliving them, and they’ve got more than just a little bit in super and they’ve got other investments outside, they really should go and see a fee-for-service adviser – the earlier the better,” says Max Newnham, a chartered accountant and certified financial planner at TaxBiz.
Esta historia es de la edición March 2018 de Money Magazine Australia.
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Esta historia es de la edición March 2018 de Money Magazine Australia.
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