What To Do With Your Super at Retirement: 3 Options Explained

In this video, I’m going to break down everything you need to know about managing your super at retirement and explain why you should consider changing your investment strategy once you stop working.

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⏱ Timestamps
00:00 – What To Do With Your Super at Retirement?
01:15 – Definition of Retirement
01:40 – What Happens to Your Super at Retirement
02:49 – 3 Options for Your Superannuation
03:10 – 1. Using Your Super To Start an Income Stream
04:37 – 2. Leaving Your Super in Accumulation
05:47 – 3. Withdrawing Your Super as a Lump Sum
07:18 – Should You Change Your Investment Strategy at Retirement?
09:27 – Impact on Your Centrelink Entitlements
10:29 – What Should You Do With Your Super at Retirement?

😍 Like this video? Please hit the thumbs up button👍 and leave us a comment below. ⏬

-- What Happens to Your Super at Retirement --

What happens to your super when you retire? In this video, we’ll explore your superannuation options and how your choices can shape your retirement. Whether it’s starting an income stream, leaving your super in accumulation, or making lump-sum withdrawals, understanding the pros and cons of each decision is crucial to achieving your retirement goals.

You’ll also learn why notifying your super fund of your retirement is essential, the tax benefits of account-based pensions, and the strategic considerations for your investment approach once you stop working.

Plus, discover how your super decisions can impact Centrelink entitlements and how to navigate these complexities effectively.

#ToroWealth #SuperGuy #ChrisStrano #Superannuation #RetirementPlanning

DISCLAIMER: The SuperGuy website and SuperGuy YouTube channel contains general advice only. It is not personal advice as it does not take your specific needs or circumstances into consideration. Therefore, you should look at your own financial position, objectives and requirements and seek personal financial advice before making any financial decisions.

General advice is provided by Toro Wealth Pty Ltd trading as SuperGuy Retirement Experts as an Authorised Representative of Core Value FA Pty Ltd (AFSL 480387).

Before acting on any information, you should seek professional advice and verify our interpretation/s before relying on the content or calculators within this website or on the videos, while also considering its appropriateness in relation to your personal situation.

[SuperGuyAu]

Hey everyone, thanks for watching! What will you do with your super at retirement? Leave a comment below and don’t forget to download my FREE 6-Step Superannuation Check:

[CraigLuner]

Currently 35 would like to retire by 40, but my portfolio is a mess right now.
IRA & 401k grossly underperforming, Lost over 180k in stock value in the last 30 days.
I'm worried about the situation and confused of what I can do.

[Izzobird]

I’m looking to retire in the next 5 years, and I need to boost my retirement savings by at least $150k. Any advice?

[Stanleee-]

As a soon retiree, keeping my 401k on course after a rocky 2024 is top priority. I have been reading of lnvestors making up to 250k ROI in this current crashing market, any recommendations to scale up my ROI before retirement will be highly appreciated.

[garylienert]

Thanks Chris. Could you do a video or let me know to what happens to a TTR super account when you retire?

[geoffwaterman]

Thankyou for the wisdom and time taken to help us with all the issues concerning our retirement

[SunRise-ulko]

I'm paying significant more income tax from my other investments. May as well draw down from that first & leave my super in an accumuation fund & just pay 15% tax inside my super.

[Tim_in_Australia]

Superb content. Many thanks indeed. I’d love to hear about strategies with larger balances etc… (if I could ask). Many thanks.

[Adam-dmwg]

I’m 62 and just retired, but I’m unsure what to do with my super. I’ve heard of options like keeping it invested, taking a lump sum, or starting a pension stream. But with inflation and market volatility, I’m scared of making a mistake.

[MaryT.Shearer]

I have been retired for five years now. Although I've been adhering to the 4% rule, things are challenging as I did not anticipate. 30% of the $600K I invested in st0cks is lost to the market. How can I diversify my portfolio for retirement

[micherri]

I retired in July of this year and opted for option 1 with a mix of balance and growth until i turn 67.then i will choose a more conservative

[rogerpearson]

Thanks for all your videos. They have been most helpful in understanding and making decisions about my future retirement options.
Big thanks

[jamies]

Useful, thanks Chris & for the email replies from time to time.

I like the account pension, with no tax, but flexibility of investment option.
👍

[shannonstrange]

thanks chris! you really are a super guy!😍

[Steven-dr]

You do what you want with your money. I'll do what i want with my money.

[nathanwooldridge]

New subscriber and loving the content.
What if my retirement plan would be to hang the boots up at 50? Would Toro Wealth work with clients in the 10 years proceeding this, or do you solely work with 50-70yr olds?

Thanks and keep up the great content

[smithcorp]

Useful info thanks. I'm retiring early 2026. I have a preserved State Super (NSW) super account, and another that was set up when I went into the private sector. Should I roll the State Super one into the private account, or have I waited too long? I assume I can roll over after my retirement date?

[philclose]

Hi Chris. Love your videos & advice. If I may, I have a question. I'm retired & now drawing a monthly pension from my superannuation account. All seems to be going well. My question: when I die, what will happen to my monthly pension & the account balance? My wife is my nominated beneficiary. Thanks.

[thinkaboutit]

Please make a video on what happens to your Superannuation fund in an economic disaster, like a depression.

[nicolaskesington]

thanks for the video and info, can you please tell me if you decide to cash out all your super at retire, is there any tax to pay