Retirement is an opportunity to focus on doing the things you love. You've been working hard and saving your super for precisely this time of your life — so, here's how to make the most of it.
Transition to retirement
If you've reached your preservation age and would like to start accessing your super without retiring, you can opt to receive an income from an NGS Transition to retirement account. Many people use this option to transition into retirement by reducing their workdays and supplementing their income with a transition to retirement income stream.
Each financial year, you can access up to a maximum of 10% of your Transition to retirement account balance.
Working after retirement
Retiring doesn't mean you'll never want to work again. Some people enjoy returning to work in their later years. Whether on a part-time or full-time basis, there are options available for working after retirement.