Getting ready for life after work
After decades of forging a career in the workforce, the thought of life after work might be exciting and unsettling at the same time.
Retirement in the 21st century is so different to that of years past. For starters we’re living longer because of a healthier, more active lifestyle. Some of us are easing into retirement and others are jumping straight in. And we’re choosing to set goals because there is so much more that we want to achieve in our latter years.
Whatever you choose to do, you need to make sure you have enough money to be able to afford the life you want in retirement. Planning early is the best way to ensure you get the retirement you want.
GuildPension can help you achieve your retirement goals regardless of whether retired life is a few years away or just around the corner. And you only need $10,000 to open either a Transition to Retirement (TTR), or an Account-Based Pension account.
Important information
Having conducted a review of our income stream products and determining that improvements can be made to investment returns and fees, we will be making important changes to the product. We will be simplifying our Administration Fee structure with the aim of increasing competitiveness and hope to bring this to you by the end of the year. Early in the new year we will be updating our investments with the aim of reducing fees and improving investment performance.
Start a TTR and access your super before you stop working
A TTR allows you to reduce your work hours and supplement your income, or work the same hours and increase your super.
If you have reached preservation age however and plan to keep working for a while, then a TTR account can help you:
- dial-down your working hours (for example, working part time), or
- increase your super before you retire by making additional contributions into super.
Best of all, you can possibly do either of the above without reducing your take-home pay. To find out more and see if this product is suitable for you, download and read the GuildPension PDS and Target Market Determination document. To apply, complete the Application found at the back.
