The festive season often brings time to pause and reflect on life goals, and for many Australians, that includes the dream of retiring in 2026. Christmas is a natural moment to think about what’s next, and if retirement is on your horizon, now is the perfect time to start planning.

Why Start Planning Now?

Retirement isn’t only about finishing work—it’s about creating a lifestyle you choose. Starting early gives you the chance to assess your financial position, grow your superannuation, and put strategies in place to reduce tax and boost retirement income.

Do I Have Enough to Retire?

One of the most common questions we hear is, “do I have enough to retire?”. The answer depends on your desired lifestyle, your super balance, and other income sources like investments or rental properties. A good starting point is to calculate your annual spending and compare it to your projected retirement income. If there’s a gap, we can help you bridge it through strategies like salary sacrifice, downsizer contributions, and tax-effective investments.

The Other Question We Get: When Can I Start to Access My Super?

For those planning to retire, this is a key consideration. Generally, you can access your super once you are over age 60, however how much you can access depends on your circumstances. Many people are surprised to learn that they may be able to start a pension after age 60 with a tax-free income, and investment earnings inside your pension account may also be tax-free. Understanding these rules is essential for timing your retirement and maximising your benefits.

Is My Super Fund Suitable for Retirement?

Another frequent question we hear is, “Is my super fund suitable for my retirement goals?” or “Is my super fund performing well?” Your superannuation isn’t just about returns—it needs to be structured to achieve what you want in retirement. That means asking:

• Does my fund allow me to invest in a way that aligns with my objectives?

• Is the investment mix appropriate for my risk profile and income needs?

• Will it support the lifestyle I want when I stop working?

Ensuring your super fund is fit for purpose is critical. It should provide flexibility, competitive performance, and the right investment options to help you transition smoothly into retirement and maintain financial security for the long term.

Benefits of Generating Income in Retirement

Retirement doesn’t mean your money stops working. If you can start an account-based pension, you can receive tax-free income from your super, keep your investments growing while drawing a regular income, and enjoy flexibility in how much you withdraw each year. This approach not only provides peace of mind but also ensures your wealth continues to support your lifestyle for years to come.

Save Tax by Transitioning to Pension Phase

One of the biggest advantages of retiring after 60 is the ability to start a pension from your superannuation. Generally speaking, if you have retired there’s no tax on pension payments after age 60, no tax on investment earnings inside your pension account, and the potential to reduce your overall taxable income before retirement through strategic contributions. These strategies can significantly improve your financial position and make retirement more comfortable.

Ready to Retire in 2026?

The Christmas period is the perfect time to start the conversation. Book a retirement planning consultation with Vista Financial Group today and take the first step toward a secure, tax-effective, and enjoyable retirement.

Book a chat with Aimee