Sep 2, 2023 | Accessing Superannuation, Blog, Retirement Income Streams, Superannuation
The working after retirement rules in Australia are reasonably flexible. Ultimately, it is better for the Australian economy if more people are working. This is why the Government leaves the retirement definition quite open. In saying that, it is important to...
Sep 2, 2023 | Accessing Superannuation, Blog, Centrelink, Retirement Income Streams, Superannuation
The retirement age for women, based upon the general concept or definition of retirement, is no different between men and women. Therefore, the retirement age for women in Australia is the same as the retirement age for men. I define retirement as the ability to cover...
Sep 2, 2023 | Accessing Superannuation, Blog, Retirement Income Streams, Superannuation
The Superannuation Preservation Age in Australia gradually increases from age 55 to age 60, depending on when you were born. We are currently in the midst of this gradual increase in superannuation preservation age. The superannuation preservation age signifies the...
Sep 1, 2023 | Accessing Superannuation, Blog, Superannuation
When can you access your superannuation savings? Accessing your superannuation is an area that needs to be approached with caution. There are strict rules in place as to when you are able to withdraw your retirement savings. Penalties are imposed on members and/or...
Sep 1, 2023 | Accessing Superannuation, Blog, Superannuation
The definition of retirement for superannuation is arguably the most important definition of any superannuation term. After all, the main reason for having superannuation is to receive tax concessions on investment earnings, provided we don’t access our super...
Sep 1, 2023 | Accessing Superannuation, Blog, Contributing to Super, SMSF, Superannuation
Can I use my superannuation to buy a house to live in? This is question asked by many Australians time and time again. We’re often told that superannuation is our money, so we should be able to use it how we please, shouldn’t we? Housing affordability in...
Aug 30, 2023 | Accessing Superannuation, Blog, Retirement Income Streams, Superannuation, Superannuation Tax
There are two ways that you can access your superannuation at age 60 and still work. One such way involves limited access to your superannuation and the other provides full access to your superannuation. You can, in fact, access your superannuation as soon as you...
Aug 22, 2023 | Accessing Superannuation, Blog, Retirement Income Streams, SMSF, Superannuation, Superannuation Tax
This article addresses whether you are able to access your superannuation savings at age 55 and still continue to work. It will also explain how much tax might be payable and when you can access your super tax free. You may have heard of people in your workplace or...
Aug 22, 2023 | Accessing Superannuation, Blog, Death Benefits, Superannuation
There are a number of ways that you can access your super before retirement… legally…. but unfortunately most of them require you to die, be close to death, be severely injured or be on the bones of your ar#e. There are also many dodgy schemes out there...
Aug 19, 2023 | Accessing Superannuation, Blog, Retirement Income Streams, Superannuation
What is the retirement age for someone born in 1966? The retirement age for someone born in 1966 in Australia depends on whether you are referring to your superannuation retirement age, or when you can collect social security. This article explores superannuation and...