Transition To Retirement

O&M makes it easy to save tax using a Transition to Retirement Strategy

Do you want to ease into retirement by reducing your work hours? Or, give your super a boost before you leave the workforce? Transitioning to retirement is a relatively new concept which can open up a whole range of opportunities as you approach retirement.

Transition to Retirement (TTR) is a strategy designed for people over the age of 55 which allows you to access a proportion of your superannuation before your retirement age even if you are still working.

Critically investment earnings on funds within a TTR pay 0% tax!

This provides a range of options for clients:
Boost your Super
O & M can design a strategy which allows you to increase your Salary Sacrifice Super Contributions without impacting cash flow while reducing overall tax payable.

Reduce working hours
TTR is a tax effective way of supplementing your cash flow if you wish who wants to reduce their working hours without compromising their lifestyle.

Everyone’s situation is different and while a Transition to Retirement strategy can provide benefits, there are tax and cash flow issues that need to be carefully considered. So before deciding whether a Transition to Retirement strategy is right for you talk to one of our qualified financial adviser to review your best way forward call (02) 9369 3028 or contact us today.

To help you with your Transition To Retirement plan
call us on (02) 9369 3028 or