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The Age Pension & Retirement Income Streams

Our retirement planning advice endeavours to create clients retirement income streams.

Our clients approaching retirement often come to us with questions such as:

"What is the age pension?"

"What is a transition to retirement pension?"

There are 4 types of retirement income streams.  They are:

  1. Post Retirement superannuation pensions.  These include account based pensions, market linked pensions and lifetime complying pensions.
  2.  Pre- Retirement superannuation pensions (i.e. Transition to retirement pensions).
  3. The age pension.
  4. General income streams from sources outside of superannuation.  These include net rental income, interest, dividends and option premiums.

How retirees are paid retirement income streams depends on two factors:

  • The investments that are generating income; and
  • The entity that holds the investment (examples include a superannuation fund, family trust and you personally).

Humphrey Partners Private Wealth is conveniently located on the outskirts of Brisbane's CBD.

" I contacted Humphrey Partners through a website enquiry seeking professional advice including a life insurance review. Chris took the time to fully understand my financial position, goals and needs to provide me with timely, relevant and easy to understand personal advice. This allowed me to make an informed decision about the types of insurance I really needed, my appropriate levels of cover and how to structure my cover to get the best value for my money."

Carmel White