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When Can I Access My Super?

I frequently get asked the question “When can I access my super?” After all, it’s your money, you’ve worked hard for it, and no doubt you want to get your hands on it when you can. 
Put simply, to access your superannuation, you need to meet a condition of release. For most people, this will be triggered when you retire and meet preservation age as per the below table:

So for those of you who are thinking “that’s ages away, why worry about it now” you should use the extra time you have up your sleeve to your advantage. 
Even a small change in the annual return on your superannuation can have a huge difference when you retire. For those of you who are a little more advanced through your working life and are approaching preservation age, it’s important you don’t wait until the last minute to plan how you will access your super. 
You need to be smart about it to ensure you access your superannuation in a way that is tax effective and will last you throughout your retirement years.
Regardless of how far off in the distance your preservation age is, the more you have in your super when you retire the better. Remember, by taking control of your super now, you will be ensuring a far more successful retirement.
When was the last time you reviewed your super strategy? Hindsight Wealth offer free, no obligation super reviews. Make a time in my online diary to discuss your super choices.
Andrew O'Brien and Hindsight Group Pty Ltd t/as Hindsight Wealth Pty Ltd (ABN 88 168 442 528) are Authorised Representatives of Affinia Financial Advisers Limited ABN 13085335397 & AFS Licence No 237857. The material contains general advice only and the consumer should consider the PDS and whether the product is appropriate prior to deciding to buy. 




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