Transition to Retirement
As you get closer to your retirement age, a Transition to Retirement (TTR) strategy may help you prepare for retirement, by allowing you to access your super and benefit from tax concessions, as you ease out of full-time work.
Why should you have TTR?
The Transition to Retirement strategy is generally used for one of two reasons:
1. Grow your super savings for your retirement by creating and building wealth
2. Work less and maintain your income for a better lifestyle balance.
Once you assess which option would best suit you, the good news is, there are tax benefits to both of these choices.
for more information on the tax benefits of TTR, see the 'More super, less tax' section below.
Ready to take the next step?
Remember, a Transition to Retirement strategy requires careful planning! But if you are ready to apply, here are some steps you can take:
use our handy checklist to make sure you’ve got everything you need
download the Income Stream Application Telstra Super RetireAccess form.
Get the right advice
Telstra Super Financial Planning can provide you with expert guidance on your retirement planning options; give them a call on 1300 033 166 to discuss your advice needs.