What happens when you retire earlier than planned?

16/10/2023 11 min Temporada 1 Episodio 17
What happens when you retire earlier than planned?

Listen "What happens when you retire earlier than planned?"

Episode Synopsis

Unplanned retirement may come about due to illness, injury, family responsibilities or retrenchment. Others may have had enough of working and want to take control of their retirement journey. For a lot of people this can be overwhelming, but help is at hand. Host Shane Hancock chats to financial adviser Helen Harrison about the options and resources available to you, including accessing your super. If you’d like a different question answered in the podcast about how you could make the most of your super, we’d love to hear from you. Complete the form at australiansuper.com/story To find out more about AustralianSuper visit australiansuper.com Early retirement data from Retirement and Retirement Intentions, Australia, 2020-21 Report, Australian Bureau of Statistics. Transition to Retirement (TTR) can be complex and isn’t suited to everyone. It’s a good idea to get financial advice before deciding if a TTR Income account is right for you. Before adding to your super, consider your financial circumstances, eligibility, contribution caps that may apply, tax issues and when your super can be accessed. We recommend you consider seeking financial advice. Personal financial product advice is provided under the Australian Financial Services Licence held by a third party and not by AustralianSuper Pty Ltd. Fees may apply. AustralianSuper has engaged Industry Fund Services Limited (IFS) ABN 54 007 016 195, AFSL 232514 to facilitate the provision of financial advice to members of AustralianSuper. Advice is provided by financial advisers who are Authorised Representatives of IFS. Fees may apply. Further information is in the IFS Financial Services Guide available by calling 1300 138 848. IFS is responsible for any advice given to you by its Authorised Representatives. This may include general financial advice which doesn’t take into account your personal objectives, financial situation or needs. Before making a decision consider if the information is right for you and read the relevant Product Disclosure Statement, available at australiansuper.com/PDS or by calling 1300 300 273. A Target Market Determination (TMD) is a document that outlines the target market a product has been designed for. Find the TMDs at australiansuper.com/TMD. AustralianSuper Pty Ltd ABN 94 006 457 987, AFSL 233788, Trustee of AustralianSuper ABN 65 714 394 898.See omnystudio.com/listener for privacy information.