Transition to retirement - when, how and how much?

In this Australian Retirement Podcast episode, your hosts Drew Meredith, from Wattle Partners, and James O'Reilly, from Northeast Wealth unpack the big questions for those starting to think about retirement, including super, pensions and getting your timing right.

Topics covered today:

How and when to access your super
Why 60 is the magic number for retirees
What’s a super pension and why you could be missing out
Property versus share investment in retirement
What to do with your mortgage if you’re ready to retire

Resources for this episode:

~~ Resources for the show ~~

DISCLAIMER: This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you’re confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser.

[peterpanousis]

Very informative podcast. Particularly keeping super in accumulation phase to help with ages pension eligibility.

I asked ChatGPT to go into more detail and it said this affected the income test rather than the asset test. Weird.

Keep up the great work.

[samd]

I'm looking forward to retirement. I'm 57 plus, I have 370k in super two investment properties worth an estimate of 1.6 million and my home I live in, my debt is 453k, my ask to two fellas is can I because I am ready to do so.

[MarcusRowan-fv]

Terrific show fellas … I’m 54 and aiming to call stumps at 60. Own my own place with the rest split between my super & personal investments; mostly stocks…most interested in portfolio structure moving towards retirement. Given it’s tax free it seems that one’s portfolio should remain focussed on achieving a balance between risk and return!?

[megazone]

I'm just the process of getting my asset allocation within my super fund sorted with the aim of retiring next year . Are you guys advocates of the 3 bucket strategy, would 2-3 years in cash bucket drawing down min of 4% be reasonable or do you consider this cash drag ?