Super vs Savings: Which to Use First in Retirement
Deciding how to manage your money in retirement can be tricky. Experts weigh in on the best time to use your super versus your personal savings.
As retirement approaches, individuals face a big financial decision: whether to rely on their superannuation accounts or dip into their personal savings. The answer depends on personal circumstances, retirement goals, and financial objectives.
Superannuation provides a reliable income stream, while personal savings offer more flexibility and control. To help make an informed decision, let's explore the pros and cons of relying on superannuation and savings in retirement.
It’s a question that many Australians grapple with.
Understanding the options can help you manage your finances effectively during this phase of your life.
Author's summary: Experts discuss super vs savings in retirement.
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