Even though retirement may seem like a long way off for many of you (closer for some!), have you ever asked yourself, “how am I going to retire”? It is a common question, especially for those who have passed the age of fifty. Fifty seems to be a turning point in the way people think about retirement. Although still 15 years or so away, it seems to be the time that people start to think about how it is going to work. We find more 50+ people want to start adding to their supera

Most of us have superannuation, and most of us understand, in general, how it works while we work, but how many of us understand how superannuation works in retirement? Firstly, and often most unwisely you can access it as a lump sum and withdraw it from super altogether. This is (usually) not a great option as this removes your lump sum from the wonderfully concessional taxed environment that the superannuation provides. The second option is to arrange a regular payment from