Thinking about retirement but not ready to stop working?

Can You Start Retirement Planning in Melbourne While Still Working?

Peter, a 62-year-old resident of Beaumaris, recently made a career move that helped him access his superannuation earlier than expected.

After more than two decades in the same role, Peter formally ended his employment with his long-term employer and accepted a part-time position with a different organisation in Bayside Melbourne. Although he wasn’t retiring completely, ceasing his previous job meant he met a condition of release under superannuation law for those aged 60 and over.

By following the guidance of his Financial Adviser, Ashley Smith, Peter re-structured his affairs and began drawing a tax-free income stream from his new pension account while continuing to earn a salary. It also allowed Peter to transition the majority of his funds into an environment that pays no tax on income or capital gains, meaning Peter's super balance will be better off.

This type of approach is often discussed within retirement financial planning Melbourne strategies, particularly for individuals wanting more flexibility before fully retiring.

“Advice at this stage of life isn’t solely about accessing super—it’s about structuring income in a way that supports lifestyle and minimises tax,” says Ashley Smith. “Even small changes, like switching jobs, can have a big impact when planned appropriately.”

How Can Retirement Advice Improve Your Transition Into Retirement?

Peter’s experience shows that retirement doesn’t have to be a single event. Understanding how employment changes interact with super rules can open up new options—especially when supported by tailored retirement advice Melbourne that identifies and maximises opportunities as they arise.

If you’re in a similar situation to Peter, speaking with a retirement planner Melbourne at Vista Financial can help you understand how these strategies may apply to your own circumstances and long-term goals.