Getting ready for retirement

Preparing for retirement is an exciting time – it’s also an opportunity to consider how you can make good use of your superannuation to prepare for the best.

Knowing how much superannuation you will need in retirement depends on key factors including your preferred lifestyle, how long you will work for and your life expectancy.

We explain the rules about how much you can contribute into superannuation each year, and when you can start to draw on your super, in line with your age and lifestage.

Your super could help you wind down from the workforce gradually or, as your prepare for retirement, you may be able to use a TTR strategy that give your super a final boost.

To learn more about preparing for retirement, contact us to speak to a BT Adviser

With BT Super for Life, you can conveniently manage your super online, alongside your everyday banking, and access a range of investment options that evolve with you throughout your life or by choosing your own investment mix.

  • Manage online with your everyday banking

  • Account options that vary to reflect your needs

  • Intelligent investment options

  • Help with tracking down any lost super

  • Help with transferring your super

Information current as at 15/08/2016.

This information has been prepared without taking account of your objectives, financial situation or needs. Because of this you should, before acting on this information, consider its appropriateness, having regard to your objectives, financial situation and needs.

Before requesting a rollover, you should consider where your future employer contributions will be paid (if your employer contributions are currently being paid to another fund) and check with your other fund(s) to determine whether there are any exit or withdrawal fees for moving your benefit, or other loss of benefits (e.g. insurance cover), noting that you may not receive the same type or level of benefits after the rollover. You may not be covered for injuries or illnesses that have arisen since you took out previous insurance, and you may lose loyalty benefits.