Super retirement

It’s a good idea to get your plans in order, so when the time comes, you can retire with confidence. When preparing for retirement, you should think about:

• how much super you’ll need to fund your lifestyle
• whether transitioning into retirement with an NGS Transition to retirement account could work for you
• if you’d like to keep your money invested and receive regular salary-like payments by transferring your super into an NGS Income account.

Starting retirement is an exciting step forward. To best position yourself, consider factors like:

• how you’d like to access your super
• whether receiving a regular salary-like payment through an NGS Income account is the right option for you
• how the government age pension works with your super
• what returning to work after retirement could mean for your super.

If you’ve chosen to retire with NGS, you have the flexibility to change your regular income payment amounts as often as you like. There are some conditions to meet, but generally, how much you receive and how often is up to you.

It’s a good idea to keep on top of your beneficiary nominations too by ensuring your nominations are valid and remembering to update them if they expire or your circumstances change.