Accessing your money for retirement
Building up a healthy superannuation balance is important, but how you access and invest your money in retirement will also determine how long it lasts.
Transferring your super balance into a Retirement Income account is an easy and popular way to start your retirement. This allows you to draw down an annual income from your savings while the balance continues to earn investment income.
To help you with investment selection we have Equip Super MyPension, an innovative set-and-forget investment strategy which automatically looks after your investments and can help to make your money last longer.
Another option is to withdraw all or part of your balance from the super environment. This has potential taxation and Age Pension implications, and we strongly recommend consulting a financial planner before making a decision.