Converting your superannuation into a pension is an important step which can unlock benefits to help you transition into retirement. A detailed understanding of the superannuation rules can allow you to maximise the use of pensions to increase your retirement savings
A Government pension or other Centrelink benefits may also be available to supplement your retirement income or boost your retirement savings while you are still working. There are eligibility requirements and certain asset and income limits tests that apply.
Centrelink benefits and the pension system can be complicated. At Benchmark Financial Planning, we cut through the jargon and create a clear plan for you to maximise the benefits available and boost your retirement income. To find out more please feel welcome to contact us.