Start planning your next chapter

Planning ahead helps you retire on your own terms. That means you can gradually scale back your work hours, top up your super, or structure your finances more effectively. 

This page:

  • Looks at different retirement milestones and the actions you can take.

  • Links to calculators that can help you understand your retirement income. 

  • Puts you in contact with supporting services for members.

shop owner outside home goods store

Looking ahead to your next chapter

Planning for tomorrow starts today

When planning your retirement, one of the first decisions you’re likely to make is whether to retire fully, or instead make a gradual transition to retirement by reducing your working hours. It’s also an important opportunity to take stock of your super investments, and consider how they’ll need to be structured to best support your goals and lifestyle in retirement.

Understanding what’s right for you

This page provides information and key considerations for those who are approaching retirement. But keep in mind that it’s general information only. Exactly which investments and which approach is right for you will depend on your own circumstances and the goals you have for your money and your lifestyle in retirement. For information that’s tailored to your own financial circumstances and objectives, and to plan for your next chapter with confidence, consider getting qualified financial advice.

Flexible account options

We’ve got a retirement income product to help you retire your way.

Learn more

How long you’re likely to be invested is always a critical factor in helping to determine which investments are right for you. And it’s just as important as you’re approaching retirement. Your retirement years could last for 20-30 years or more, and in investment terms, that’s still quite a long time horizon.

As you near retirement, your investment objectives may start to shift. In your younger years the main aim of your super was more likely to be accumulation-focussed – save as much as you can and maximise your investment’s potential for growth.

But while growing your investment is generally still important as you approach retirement, it may also be increasingly important to reduce the level of risk in your portfolio to help shield your savings from volatility. That’s because you’ll be relying on your savings to help fund your lifestyle throughout retirement (or supplement any income you receive through the Age Pension).

A typical investment portfolio as you’re nearing retirement and preparing to reduce your working hours may include a combination of:

  • growth assets (such as Australian and Overseas shares) to help your super continue to grow, and
  • income producing defensive assets (such as fixed interest investments and cash), to help shield your savings from volatility.

As part of your overall retirement preparation, it’s a good idea to take a look at the way your super is invested, and your future goals for your retirement, and assess whether you need to make any changes to your investments.

You don’t have to make an investment choice for your Equip Super Retirement Income or Transition to Retirement Income account. If you don’t make an investment choice, we’ll automatically invest your account balance as follows*:

These are ready-made portfolios of investments, selected by the experts, and managed by the experts on your behalf. Capital Stable is single investment option, whereas MyPension invests across three different investment options in varying proportions: Cash, Capital Stable and Growth.

* If you’re in the process of transferring out of an Equip Defined Benefit Plan, your transfer letter will explain how your new super account will be invested if you don’t make a choice. Contact us to learn more about your options.

Getting a little support and guidance from the experts can make a big difference when it comes to choosing the right products and investments for your next chapter, so you can make the move to retirement in the way you want to. Our qualified Financial Planners can help.

shop owner outside home goods store

Learn more about our Advice services

By booking a 15-minute phone conversation with our team,  you’ll learn more about our Advice services and how they could benefit you.

  • We’ll start with a short conversation to assess your current situation and financial goals.
  • If personal advice is appropriate for you, we can book you an appointment with a Financial Planner.
  • The initial appointment with a Planner is obligation-free and at no extra cost.

You can learn more about our financial planning process online

Book a time today

Let's start with your contact details

“Equip Super is a trustworthy super fund and my interests are a priority for them.”

Gemma, Equip Super member. 

Articles

investment-img
I'm approaching retirement |
Retirement income explained
Building up a healthy superannuation balance is important, but how you access and invest your money in retirement will determine how long it lasts.  Read more
investment-img
I'm approaching retirement |
Can I work part-time in retirement?
Retirement is changing. People are living longer, they’re remaining active, and they’re looking at ways to maintain their lifestyle. Increasingly, that means taking up some part-time work.  Read more
investment-img
Planning and advice |
How much super do you need to retire?
A combination of your super, the Age Pension, and other investments can work together to provide you with a retirement income that maximises your government entitlements and meets your needs. Read more

We can help you decide

Getting a little support and guidance from the experts can make a big difference when it comes to choosing the right products for your next chapter and helping you make the move to retirement in the way you want to. And our team is here to help.

Join our award-winning superannuation retirement fund

Plan for your future with the industry fund that works hard for you.

Join us

 

‡The rating is issued by SuperRatings Pty Ltd ABN 95 100 192 283 (SuperRatings) a Corporate Authorised Representative (CAR No.1309956) of Lonsec Research Pty Ltd ABN 11 151 658 561, AFSL No. 421445. Ratings are general advice only and have been prepared without taking account of your objectives, financial situation or needs. Consider your personal circumstances, read the product disclosure statement and seek independent financial advice before investing. The rating is not a recommendation to purchase, sell or hold any product. Past performance information is not indicative of future performance. Ratings are subject to change without notice and SuperRatings assumes no obligation to update. SuperRatings use proprietary criteria to determine awards and ratings and may receive a fee for the use of its ratings and awards. Visit superratings.com.au for ratings information. © 2024 SuperRatings. All rights reserved.