To provide retirees with more flexibility in managing their retirement incomes, the Government has announced it is reducing the minimum pension payment requirement for account based pensions & similar products by 50% in both 2019-20 & 2020-21. You can read the Government’s Fact Sheet below.
You are preparing to live off the income from the investment assets accumulated over your life.
Your objective is to maximise your income potential, without taking undue risks, which may erode your capital base.
- Accessing your super
- Maximise government benefits
- Accelerate your super savings
- If still working, release other wealth
- Review your will and estate plan