Superannuation is the main way most Australians save for their retirement.
It’s a long-term investment that grows over time. The more you contribute during your working life, the more you'll have for your retirement.
Except in very limited circumstances, you can't withdraw amounts from super or start an income stream until you've reached age 60 and meet the relevant conditions of release.
When you do reach age 60, in most cases you can start to access your super using something called an Income account, which can provide a regular, flexible and tax-effective income from your superannuation.
Superannuation is the main way most Australians save for their retirement.
It’s a long-term investment that grows over time. The more you contribute during your working life, the more you'll have for your retirement.
Except in very limited circumstances, you can't withdraw amounts from super or start an income stream until you've reached age 60 and meet the relevant conditions of release.
When you do reach age 60, in most cases you can start to access your super using something called an Income account, which can provide a regular, flexible and tax-effective income from your superannuation.