Questions about your retirement

You might have questions about planning your retirement, such as:

It’s never too early or too late to start planning for your retirement. Here’s how to get started finding the answers you need.

When can I get my super?

Your super is designed to help you save for retirement and has tax benefits, so there are rules about when you can access the money.

To get your super in retirement, you need to have reached what’s known as your Commonwealth preservation age, depending on your date of birth your preservation age will be between 55 and 60 (see the table).

When can I retire?

How much do I need?

If you want to keep enjoying your current lifestyle when you retire, our experience tells us that you’ll need to save enough to provide you with at least 70% of your current annual income.

Try our how much will I have/need calculator for an estimate of how much you'll have when you retire, and how long it will last. You can adjust a range of variables, such as extra contributions, and see what the difference will be by the time you retire.

Calculate how much you could have

How can I grow my retirement savings?

It’s never too late to learn more about your super and how you can make the most of your retirement savings. The earlier you start to take control of your super, the more time you have to explore your options and allow your savings to grow.

We’re here to help you with a range of tips on saving for your retirement.

Retirement tips

What is Transition to Retirement?

Once you’ve reached your preservation age, you could use what we call Transition to Retirement to access your super as an income stream while you’re still working.

You can use a Transition to Retirement strategy to increase your income, increase your super or work less hours without reducing your income.

Find out more about Transition to Retirement

How do I learn more about retirement planning?

If you're just beginning to plan your retirement, you can attend a half-day or full-day seminar to suit your needs. Our speakers will provide information and general advice on:

  • Super - West State Super, GESB Super and Gold State Super
  • Our retirement solutions - GESB Super, West State Super and Retirement Income (our Allocated Pension)
  • Retirement options - an overview of current options you should be aware of before you retire

Our seminars are at no cost to you and partners are welcome.

Retirement planning seminars

What is GESB’s Retirement Options Service?

If you have attended one of our retirement seminars, a Retirement Options Service (ROS) appointment is the next step in planning for your life after work.

ROS offers you the opportunity to have an informative one-on-one discussion with one of our experienced consultants who understand our unique schemes. It is a one-off meeting which generally runs for 45 minutes.

Find out more about the Retirement Options Service

More information

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Page last updated 28 April 2017