When you’re on the final stretch to retirement, a transition to retirement (TTR) strategy lets you access some of your super when you’ve reached your preservation age and you’re still working.
There are rules and regulations around TTR pensions. Please get in touch to find out more.
Benefits of a Transition-to-Retirement (TTR) strategy
Reduce tax
By using Transition-to-Retirement strategies, it’s possible to reduce your income tax so you can boost your super with extra contributions, pay down debt faster, or even take a holiday!
Work less
An ongoing payment from a Transition-to-Retirement pension will help supplement your work income, allowing you to reduce your work hours and ease into retirement without affecting your lifestyle.
Increase your income
Sometimes you just need to access funds a bit early to help you pay for the ever-increasing cost of living. TTR can be an effective way to add extra cash into your pocket.