Planning for your retirement doesn’t need to be difficult or time consuming. So whether you’re dreaming about cruising the world or spending more time fixing up the house, there’s a few things that can really help you along the way.

Understand how much you’ll need

Everyone’s retirement is different and how much you’ll need to pursue your dreams is an individual as you are. When you retire you may rely on more than one source of income including your super, the government Age Pension and any investments you may hold. To get an idea of how much you’ll have in retirement and how much you may need try our super and retirement calculator.

Icon of Super and Retirement Calculator

Super and Retirement Calculator

See how much super you could have to spend in retirement and explore different ways to help boost your super balance.

Know when you can access your super

You can access some, or all of your super when you satisfy a condition of release such as:

  • permanently retiring from the workforce after you reach your preservation age (if your preservation age is under 60)
  • starting a Transition to Retirement strategy after you reach your preservation age
  • turning 60 and leaving or changing your employer
  • turning 65

Date of birth Preservation age
Before 1 July 1960 55
1 July 1960 - 30 June 1961 56
1 July 1961 - 30 June 1962 57
1 July 1962 - 30 June 1963 58
1 July 1963 - 30 June 1964 59
From 1 July 1964 60

Need Advice?

Rest Advice is all about helping you make good decisions with your super and money.

If you’re over 58 and still working, find out if a Transition to Retirement strategy could help boost your super or reduce your work hours – without affecting your take home pay.

Book phone advice