RETIREMENT INCOME STRATEGY

Keep living your best life with help from Active Super.

 

Active Super Retirement Income Strategy

When it comes to retirement, everyone’s situation is different and every member is unique, with their own vision for how life will be in their later years. But whatever your circumstances, most people share the same concerns:

  • What if my savings don’t last as long as I do?
  • What if my retirement savings fall in value or don’t perform as expected?
  • What if prices go up and I can’t afford to live on the income I’ve set aside?

Active Super can help take the worry out of retirement, with strategies to manage these risks and achieve your retirement goals, so you can keep living your best life.  

In accordance with the Retirement Income Covenant, we offer products and services to help you: 

  1. Maximise your retirement income
  2. Manage risks to your retirement savings
  3. Enjoy flexible access to your funds when you need them.

Above all, we’re here to help you actively plan and enjoy your retirement. You’ve earned it.

HOW WE CAN HELP: OUR PRODUCTS

Some people retire the minute they can. Others keep working into their late 60s and 70s. Some go for the best of both worlds and set up transition-to-retirement strategies that allow them to keep working and drawing on their super at the same time.

Whichever camp you fall into, your savings need to go the distance, and Active Super is here to help with accounts to support your stage of retirement. 

We have three types of products to help you build towards your retirement and/or provide income during your retirement, briefly outlined below. Consider the PDS and your personal circumstances before you decide what’s right for you.

HOW WE CAN HELP: SERVICE, ADVICE AND SUPPORT

Member education services 

When it comes to retirement, knowledge is power. Active Super offers a range of educational tools and services to help you make sound decisions about your retirement savings so you feel more in control. Stay informed with fact sheets, articles, pre-retirement seminars, in-retirement seminars and more. 

Active Super website

This website provides information and practical tools and resources to help you plan and manage your retirement objectives. Learn about our different retirement accounts, the Government Age Pension, updates on legislation changes affecting retirees, and read Blogs on planning for retirement

Online calculators and tools

Active Super has online calculators available to help you plan for retirement. Visit our website and see how different variables can make a difference to the money you could have in retirement.

Financial Advice

If you only need general advice that does not take your personal circumstances into account, you can contact our friendly Member Care team.

To see if you’re on track for retirement, consider doing a Retirement Health Check with one of our financial planners.

For advice that’s tailored to your personal circumstances, you’ll need to talk to a financial planner. Choose from phone, online or face to face meetings – whichever suits you best. 

Learn more about the Age Pension

The age you can withdraw your super is different to the age you can apply for the Government Age Pension, which is 67 years if you were born on or after 1 January 1957 (transitional arrangements apply to those born earlier). Many people plan their retirement money around a combination of the Age Pension and their super savings that they convert to a pension. To see if you’re eligible for the government’s Age Pension and what money you could receive, check out the Services Australia website.