Superannuation is still one of the most effective financial strategies and the main form of retirement income for most Australians. While there’s no doubt investments and insurance are important when building your wealth, so too is managing your superannuation.
While the rules and legislation associated with superannuation may change from time to time, it is still among the most effective retirement strategies, and for many Australians superannuation is their main form of retirement income.
Some people may prefer to ease into retirement gradually by cutting back working hours and drawing some income from their super before they fully retire. They can do this by utilising the ‘transition to retirement’ strategy.
