Everyone’s retirement story is different and whether you’re in the stages of planning, or are already retired, we want to help you maximise your savings and build the retirement that’s right for you.
What is the Retirement Income Strategy?
Super funds are required to create a Retirement Income Strategy (RIS) which identifies the retirement needs of their members and to develop a plan to meet those needs. Our RIS has been designed for members who are aged 50 years and over, because we believe this is where the retirement journey generally begins. It sets out how we plan to assist members to achieve and balance three important objectives.
Maximise retirement income
How we help members reach their best retirement outcomes may include help to understand what support could be available in retirement (including Government support like the Age Pension) or help to make informed decisions (like which product to use, investment options, contributions, and drawdown strategies).
Provide flexible access to funds in retirement
Making one-off or lump sum withdrawals to meet ad hoc expenses (like mortgage repayments or to pay off debt), or getting regular income payments (or a combination of both) to sustain your lifestyle throughout retirement.
Manage expected risks
AustralianSuper considers the impact of different risks (longevity, investment, inflation and any other risks) in relation to the sustainability and stability of your retirement income when designing products and offering investment options.
Sustainability is income that’s reliable, durable, and lasting, and stability is income that’s constant and predictable year on year.
What best describes your situation?
Help, guidance and support options
No matter what your situation, we have a range of help, guidance and support options to help you to make the best of your retirement. See options below:
