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Waiting till 55 or 60

Discussion in 'Superannuation, SMSF & Personal Insurance' started by Tallis, 23rd May, 2014.

  1. Tallis

    Tallis Member

    Joined:
    8th Oct, 2013
    Posts:
    10
    Location:
    Melbourne
    With my cancer diagnosis virtually determining all my daily and longish term decisions, what options do I have for super...wait till 55 preservation age later this year and set an allocated pension from that fund, wait till 60 where it will be tax free or plan for a new preservation age to be determined perhaps at 60 or 65?
    Not thinking too straight but need advice on a tax wise approach in perhaps getting an allocated pension established this year at age 55 while I still have some time to enjoy it with family.
    Thanks
     
  2. Andrew Newman

    Andrew Newman Well-Known Member

    Joined:
    5th Nov, 2008
    Posts:
    175
    Location:
    Melbourne
    Hi Tallis

    What you need is financial advice specific to your individual circumstances.

    Call me later in the week if you would like to discuss further.

    Kind Regards
     
  3. Blueeye

    Blueeye Active Member

    Joined:
    26th Aug, 2013
    Posts:
    27
    Location:
    Sydney
    Sorry to here of your diagnosis Tallis. Def speak to a financial planner as you don't want to rush in to anything immediately.