There are two options you have available to you with your superannuation after retirement. Watch this video to understand what happens to your super when you retire and decide which option is best for you.

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► How Much Super Do You Need to Retire At 60: https://bit.ly/3dzy1E1

⏱ Timestamps
00:00 - Accessing Superannuation After Retirement
01:52 - Retired and Making Lump Sum withdrawals
02:38 - Retired and Converting to an Income Stream (Pension)
03:20 - Income Stream Pension Factors
04:10 - Income Stream Example
05:04 - Leaving Money in Accumulation Account
05:27 - Tax on Super Investment Earnings
06:54 - Two Options Available at Retirement
07:18 - Defined Benefit Super Schemes

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What Happens To Your Super After Retirement?

Approaching retirement can be overwhelming and it’s important to make the right decisions. After all, this is a lifetime's worth of savings that you now need to decide what to do with. And, once you retire, you need to make sure your super is going to provide you with your desired retirement income for the remainder of your life.

There are benefits to both retaining your super in accumulation phase and converting it to an income stream - depending on your situation.

In this video, I’m going to explain what happens to your super when you retire, as well as compare the pros and cons of leaving it in accumulation phase versus commencing an income stream.

#SuperGuy #ChrisStrano #Superannuation #RetirementPlanning

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