Superannuation Retirement Income Streams

Account Based Income Streams

An account based income stream can be provided as a pension by self-managed super funds, retail super funds, and certain employer and industry super funds.

They generally provide you with full access to your capital, making it a flexible and accessible option.

Other income streams do not necessarily allow access to your capital (for example a lifetime income stream).

Investment earnings, the amount of the income payments you choose to receive each year and any lump sum withdrawals you choose to make will ultimately determine how long your account balance will last. The more you choose to take in income payments or lump sum withdrawals, the sooner your balance will be depleted.

It is important to be aware that the investment returns and how long the income stream lasts are not guaranteed.