Transition to Retirement
Whether you are looking to ease into retirement by reducing your working hours or preparing your finances for the future, we provide expert guidance and strategies to help you make the most of your retirement years.
About
Transition to retirement (TTR) is a strategy designed to help individuals gradually shift from full-time work to retirement while maintaining a stable income. Available to those who have reached their preservation age (currently between 55 and 60), TTR allows you to access a portion of your superannuation while still working. This can be an ideal option for reducing work hours without reducing income. The TTR strategy also includes options such as salary sacrificing into super, which provides potential tax benefits by reducing your taxable income.
In addition, superannuation contributions, particularly spouse contributions, can be split, and transition to retirement pensions can be structured to generate a steady income stream. The goal is to ensure that your super works harder for you as you prepare for retirement. Importantly, TTR strategies must be carefully managed to ensure they fit with your long-term retirement plan and meet regulatory requirements.
Estate Planning
Estate Planning
Estate planning also aims to minimize taxes and protect your assets from potential legal challenges, ensuring a smooth transition for your loved ones.
