What is transition to retirement?

Once you’ve reached preservation age (currently 55), you can access your super as a transition to retirement pension. The benefits of a ‘transition to retirement pension’ are:

  • you can ease into retirement by reducing your working hours without reducing your net income
  • you can boost your retirement savings without impacting your net income if you are still working full time.

Suncorp Financial Planner can help you implement a strategy that best suits your needs. You can make an appointment by visiting a Suncorp Bank branch, calling 13 11 75, or fill in this online enquiry form