Retirement options with Rest
Transition to retirement
If you're aged 60 or over, and are still working, a Rest Pension Transition to Retirement account can help you reduce your work hours without affecting your take home pay, or give your super a boost in the last years before you retire.
Ready to retire now?
Goodbye work and hello freedom. If you've stopped working, enjoy competitive fees, tax-effective investing and flexible paydays with an investment portfolio created by you.
| Rest Pension | Retirement account | Transition to Retirement account (TTR) |
|---|---|---|
| How much super do I need to open an account? | A minimum of $10,000 | A minimum of $10,000 |
| How old do I need to be ? | 65 or older - or you’ve permanently retired or left an employer after turning 60. | You're 60 or over and under 65 |
| Is there a limit on how much I can transfer into my Rest Pension? | Yes. You can transfer up to the transfer balance cap* which is $2.1 million for the 2026-27 financial year. See Facts and Figures for more information. |
No |
| How often do I receive payments? | Fortnightly, monthly, quarterly, half-yearly or yearly | Fortnightly, monthly, quarterly, half-yearly or yearly |
| How much can I take out each year? | Your choice as long as it’s at least the annual minimum amount. No maximum limit. |
Your choice as long as it’s at least the annual minimum amount and less than or equal to the maximum of 10% of your account balance. |
How much tax will I pay on invetment earnings? |
Nil# | Up to 15%# |
| How much tax will I pay on pension payments | Tax free from 60. If you are under 60 tax may be payable^. | Tax free from 60 |
Retirement planning
When you retire, you may rely on more than one source of income including super, personal investments and the Government Age Pension.
Retirement Health Check
If you're a Rest member, take a Retirement Health Check to see how you're tracking towards your retirement income goal. It takes less than 10 minutes.
Retirement budget calculator
Review what you spend now, as well as the lifestyle changes retirement brings.
Rest Retire Ready
We’ve brought together Rest’s super simple advice, education and support to help you get retirement ready.
Answer a few simple questions to get access to resources like videos, articles, tools and information, all in one place.