What happens to Super when you retire?

What actually happens to your super when you retire?

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It sounds like there should be a giant red button that says “retirement mode” — but, as usual with super, it’s a little more paperwork-y than that.

In this episode of The Australian Finance Podcast, also shared on The Australian Retirement Podcast, Owen is joined by Tahli Cavagnino, Senior Financial Adviser and co-head of financial advice at Rask Advice, to unpack what happens to your super as you move towards retirement.

General advice warning: This episode contains general information and general advice only. Please consider your own circumstances and seek professional advice before making financial decisions.

We cover when you can generally access your super, what “pension mode” actually means, how super can be taxed before and after retirement, and some of the big trade-offs people face as they approach retirement.

Plus, we answer listener questions on indexed versus active high growth super options, whether people typically change funds when moving into pension phase, and whether you still need an emergency fund once you can access your super.

In this episode

– Owen’s news of the week: why you shouldn’t rush changing super funds

– The importance of reading the PDS/TMD and checking the AFSL before acting

– When Australians can generally access their super