Enjoying Life Assets
Retirement
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Finally, you don’t have to get out of bed to go to work anymore?
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Wondering how to survive on a Centrelink benefit from age 65?
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Concerned you will outlast your superannuation?
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Want to make sure your estate is passed on as per your wishes?
Enjoying Life Assets
To be updated
Income Streams
Once retired income from employment ceases but your lifestlye needs remain. An income stream is a regular drawdown from a lump sum that has been accumulated throughout your working life. This lump sum, for many, will be the sole source of their lifestlye funding throughout retirement.
How long will it last
There are a number of factors that could impact on the balance of your lump sum assets:
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Initial balance of the lump sum
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Held within or outside superannuation
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Performance of the investment selection chosen
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The level of income stream drawn
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Eligibility for a Centrelink Benefit that will reduce the income stream needed
The amount of your income stream will depend on how long your lump sum will last. It is important to discuss with us the rules around establishing a retirement income stream so that you can make the most of retiree tax concessions and Centrelink eligibility.
