As retirement gets closer, we can help you get your super in order
The quickest, most straight-forward way to get all the facts about your super and what options are available to you is to make a free appointment to chat to our Member Services Team.
We can meet you at your work, at our Adelaide CBD office, over the phone or by video conference.
Meet with usThe dollar amount for a great retirement is different for everyone. This video might help you as you start to make plans to step away from paid work.
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Learn more about the kinds of questions that could help position you to make informed decisions for yourself in our quick article.
If you are not yet 60, there is likely to be tax if you take your super early. However, you may still have options that will allow you to retire early.
Read the answers to these 3 quick questions to get the facts:
Get the answers
It’s one thing to know how much you might have at retirement, but do you know what that lump sum dollar value at retirement means for your retirement lifestyle? Find out!
If you think adding to your super now could help you, learn more about how you can do that to get the most advantage for you
Annual limits on the amount you can contribute
Before you start making extra contributions, check that you’re within the annual government caps so you don’t get penalised with extra tax.
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Lifetime super cap and transfer balance cap (2022-23)
The Federal Government caps the amounts you can move into the retirement phase of a super product. They also have a limit on the amount you can have in your super and still be eligible for government incentives.
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There are differing rules that may allow you to access your super. Find out more about them and when you may be able to access your super as you approach retirement. Watch now (5:00 minutes)
Our Preparing for Retirement Booklet can give you tips and tricks to get you started on your plan for retirement.
DownloadCheck your super balance now and use our detailed calculator to see how your super could last in retirement.
Check nowPart of your plan for retirement might consider retiring early. Retiring ahead of schedule is more common than you might think.
Read moreThere are 4 broad categories that you might fit into at retirement – take your money as an ongoing income, take a lump sum (or 2!), leave your money in super, or a combination. Find out more about each option in our Choose Your Own Adventure pages.
Read moreAt retirement, thinking about aged care can seem a long way off, but having some basic knowledge about the system can help you enjoy your retirement even more. Watch our video to learn more.
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Whether retirement is in the immediate future or further away for you, there are 4 big questions to ask yourself to help you get a good idea of how you want to live in retirement and how you could get there.
There are a host of articles on our website to help you get ready for retirement, from starting your planning through to capital gains tax, estate planning and more things to watch out for in retirement:
A recontribution strategy can work for some people, depending on your situation, age and aims. It involves moving money out of super and back in to change the tax status and access other possible advantages.
Conditions and eligibility applies, so make sure you speak to your financial planner before taking action.
Leaving super to your adult children
Recontribution could help your adult children if they inherit your super.
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If you have a larger starting balance
See a couple of examples on the effect of taking lump sums out of your income stream if you have a larger starting balance.
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If you have a moderate starting balance
See a couple of examples on the effect of taking lump sums out of your income stream if you have a moderate starting balance.
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More and more people are reaching retirement still owing money on their home loan. There may be options available to you. Watch our video for some examples.
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Want to know more about the steps you can take to get ready for retirement, even years ahead of your planned retirement date?
Our timelines could help you.
Here are some of the forms and other resources that might be useful as you start making preparations for your retirement.
Want to access our other forms, pages and calculators? See the Resources/Forms page.
Notice of intent to claim a tax deduction form
If you are planning to claim a tax deduction on your personal contributions, you’ll need to use this form.
You can easily and quickly roll other super into ElectricSuper using your myGov account. Read more about it in our Reunite Your Super story.
If you don’t have a myGov account, you may need to do it the old-fashioned way using a paper form. Luckily, we’ve got just the thing.
Click these links to learn more about an Income Stream and the different ways you can access your money in retirement:
Click these links for help on more things to consider as you think about retirement:
Click these ElectricSuper links to learn more about contributions
Get your super sorted with a face to face consultation.
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