Are you ready to retire? Take advantage of the benefits before it’s too late.

Are you ready to retire? Take advantage of the benefits before it’s too late.

Retirement is your time to shine. It’s an opportunity to do the things that you have always wanted to do, like travel or take up new interests. Of course retirement means different things to different people, but like most things in life if you are prepared for it you will probably find it all the more rewarding.

With time still on your side, now is a great time to consider your retirement options. A flexible option for retirement is an account based pension, which provides you with a regular income in your retirement.

There are many benefits of an account based pension. It offers flexible payment options and amounts¹, you have access to a wide range of asset classes to invest in, you can track your savings online, and you can nominate a reversionary beneficiary for your account.  But of course, you always need to make sure that any retirement strategy is right for your circumstances.

The current treatment of pensions allows some pensioners to take a superannuation income stream with little or no income assessed by Centrelink, making them an attractive form of income for retirement.

What is changing from 1 January 2015?

From 1 January 2015, changes will apply to any new pensions opened. These changes relate to the way pensions are assessed for social security income test purposes and may impact future government pension eligibility. If you’re currently eligible to receive a Centrelink/DVA pension or allowance and are thinking about starting an account based pension soon, there is still time to benefit from the current pension rules.

Why not give us a call today on 07 3848 1088 or email  and we can discuss your options and what suits your particular circumstances before time runs out.

We look forward to hearing from you soon.

 If you are over 55 then it is worth meeting for lunch here.

If we were in your position what do we do for you so that you are financially & personally better off in three years time.

Yours sincerely

John McAuliffe

This document may include general advice but does not take into account your individual objectives, financial situation or needs. You should read the relevant Product Disclosure Statement (PDS) carefully and assess whether the information is appropriate for you and consider talking to a financial adviser before making an investment decision.