What is transition to retirement? How it works, pros & cons.
Have you heard about Transition to Retirement strategy or Transition to Retirement Pension? This video explains what it is, how it works, pros, and cons.
The beginner’s guide to retirement. https://retireon.com.au
🦋 KEY POINTS
▪️ You can access your super while you are working if you have reached your preservation age.
▪️ There are different tax applications on TTR income streams and investment returns, according to your age.
▪️ There are several things to consider before making the decision for TTR.
🦋 FURTHER INFORMATION
▪️ Transition to retirement (MoneySmart) https://www.moneysmart.gov.au/superan...
▪️ Transition to retirement (ATO) https://www.ato.gov.au/individuals/se...
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▪️ Key changes (July 2019) to super & Age Pension: YOU NEED TO KNOW • Key Changes (July 2019) To Super & Age Pen...
▪️ When can I access my super? • When Can I Access My Super?
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🦋 DISCLAIMER
The information contained in this video is for information purposes only. It is not financial or other advice of any type. You should consult a professional financial or retirement adviser to obtain specific advice for your particular situation. For more information, visit our Disclaimer page: https://retireon.com.au/disclaimer
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